Universal Health Services Inc at RBC Capital Markets Global Healthcare Conference Transcript

Jan 23, 2024

May 16, 2023 / 01:30PM GMT
Benjamin Hendrix - RBC Capital Markets, Research Division - Assistant VP

Hello, and welcome to the 2023 RBC Capital Markets Global Healthcare Conference. I'm Ben Hendrix, RBC's health care services and managed care analyst. We are pleased to host acute care and behavioral hospital operator at Universal Health Services. And with us this morning from management is Steve Filton, CFO.

Questions and Answers:

Benjamin Hendrix - RBC Capital Markets, Research Division - Assistant VP

We'll start with a question on the acute business. First quarter volumes came in well ahead of expectations with adjusted admissions growth of 10.5% and surgical volumes growth of 10%. On the call, you noted that recovery appears to be broad-based as non-COVID volumes are beginning to recover. How do you think about volume growth as you move through the balance of the year?

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

Yes. I would make a couple of comments. I mean, obviously, we were pleased by the

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