Universal Health Services Inc at Goldman Sachs Global Healthcare Conference Transcript

Jun 13, 2022 / 09:00PM GMT
Jamie Aaron Perse - Goldman Sachs Group, Inc., Research Division - Associate

All right. Moving on to our second panel of the session. Thank you all for joining. We've got UHS up next and Steve Filton, CFO of the company. Thank you for joining.

Steve G. Filton - Universal Health Services, Inc. - Executive VP, CFO & Secretary

My Pleasure.

Questions and Answers:

Jamie Aaron Perse - Goldman Sachs Group, Inc., Research Division - Associate

Let's start with labor. I know this is topical for hospitals these days. On the acute care side, you've described it as kind of more of a cost problem on the behavioral, more of an availability problem. Let's start with the acute care side and contract labor has been -- the biggest driver seems recently.

What are you seeing right now in terms of your use of contract labor utilization and also the rate side? Are you starting to see contract labor rates come down?

Steve G. Filton - Universal Health Services, Inc. - Executive VP, CFO &
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