Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 208

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 208
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 cash flows. If the analysis indicates that the carrying value is not recoverable from future cash flows, the asset is written down to its estimated fair value and an impairment loss is recognized. Fair values are determined based on estimated future cash flows using appropriate discount rates.Goodwill: Goodwill is reviewed for impairment at the reporting unit level on an annual basis or sooner if the indicators of impairment arise. Our judgments regarding the existence of impairment indicators are based on market conditions and operational performance of each reporting unit.  We have designated October 1st as our annual impairment assessment date and performed quantitative impairment assessments as of October 1, 2024 which indicated no impairment of goodwill.  There were also no goodwill impairments during 2023 or 2022. Future changes in the estimates used to conduct the impairment reviews, including profitability and market value projections, could indicate impairment in future periods potentially resulting in a write-off of a portion or all of our goodwill. Changes in the carrying amount of goodwill for the two years ended December 31, 2024 were as follows (in thousands): 

          Acute CareServices

          BehavioralHealthServices

          TotalConsolidated

          Balance, January 1, 2023
           
          $
          516,626

          $
          3,392,830

          $
          3,909,456

          Goodwill acquired during the period

          0

          4,598

          4,598

          Goodwill divested during the period

          0

          (6,062
          )

          (6,062
          )

          Adjustments to goodwill (a)

          2

          24,413

          24,415

          Balance, December 31, 2023

          516,628

          3,415,779

          3,932,407

          Goodwill acquired during the period

          13,252

          0

          13,252

          Goodwill divested during the period

          0

          (5,298
          )

          (5,298
          )

          Adjustments to goodwill (a)

          0

          (7,482
          )

          (7,482
          )

          Balance, December 31, 2024
           
          $
          529,880

          $
          3,402,999

          $
          3,932,879

         (