---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-015520"
form_type: "8-K"
ticker: "UHS"
cik: "0000352915"
company_name: "UNIVERSAL HEALTH SERVICES INC"
filed_at: "2022-04-26T23:59:59+00:00"
generated_at: "2026-06-26T04:48:16.823289+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# UHS Q1 adjusted EPS $2.15 vs $2.44 YoY; revenue up 9.3% to $3.293B

## Summary
- Reported net income $153.9M ($2.02 diluted) vs $209.1M ($2.43) in Q1 2021; adjusted net income $163.5M ($2.15).
- Acute care same-facility revenue +9.7%, adjusted admissions +5.7%; behavioral revenue +3.8%, admissions -1.9%.
- Labor costs elevated due to nurse/staff shortage; behavioral volumes limited; COVID-19 Omicron impact declining late Q1.
- Operating cash flow surged to $445M from $72M, driven by Medicare accelerated payment repayments.
- Repurchased 2.65M shares for $350.2M; $1.41B repurchase authorization remains; 2022 forecast unchanged but may be reduced.

## SEC filing metadata
- accession: 0001564590-22-015520
- form_type: 8-K
- ticker: UHS
- cik: 0000352915
- company_name: UNIVERSAL HEALTH SERVICES INC
- filed_at: 2022-04-26T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/352915/000156459022015520/0001564590-22-015520-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/352915/000156459022015520/uhs-8k_20220425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-015520
- JSON: https://secwatch.observer/filing/0001564590-22-015520.json
- Plain text: https://secwatch.observer/filing/0001564590-22-015520.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.