Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 205

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 205
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 records net revenues for services provided to that patient based upon the established Medicaid reimbursement rates, subject to the ultimate disposition of the patient’s Medicaid eligibility. When the patient’s ultimate eligibility is determined, reclassifications may occur which impacts net revenues in future periods. Although the patient’s ultimate eligibility determination may result in adjustments to net revenues, these adjustments do not have a material impact on our results of operations in 2024, 2023 or 2022 since our facilities make estimates at each financial reporting period to adjust revenue based on historical collections. We also provide discounts to uninsured patients (included in “uninsured discounts” amounts below) who do not qualify for Medicaid or charity care. Because we do not pursue collection of amounts classified as uninsured discounts, the transaction price is fully adjusted and there is no impact in our net revenues or in our net accounts receivable. In implementing the discount policy, we first attempt to qualify uninsured patients for governmental programs, charity care or any other discount program. If an uninsured patient does not qualify for these programs, the uninsured discount is applied. Uncompensated care (charity care and uninsured discounts):The following table shows the amounts recorded at our acute care hospitals for charity care and uninsured discounts, based on charges at established rates, for the years ended December 31, 2024, 2023 and 2022: 

          (dollar amounts in thousands)

          2024

          2023

          2022

          Amount

          %

          Amount

          %

          Amount

          %

          Charity care
           
          $
          819,681

          23
          %
           
          $
          843,449

          32
          %
           
          $
          786,962

          35
          %

          Uninsured discounts

          2,677,026

          77
          %

          1,792,493

          68
          %

          1,474,933

          65
          %

          Total uncompensated care
           
          $
          3,496,707

          100
          %
           
          $
          2,635,942

          100
          %
           
          $
          2,261,895

          100
          %
         
         The estimated cost of providing uncompensated care:The estimated cost of providing uncompensated care, as reflected below, were based on a calculation which multiplied the percentage of