Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 299

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 299
---
3,511,359

    39.4
    %

    3,406,060

    42.1
    %

    Other operating expenses

    2,743,420

    30.7
    %

    2,347,560

    29.0
    %

    Supplies expense

    1,360,011

    15.2
    %

    1,317,917

    16.3
    %

    Depreciation and amortization

    368,096

    4.1
    %

    367,644

    4.5
    %

    Lease and rental expense

    99,060

    1.1
    %

    96,589

    1.2
    %

    Subtotal-operating expenses

    8,081,946

    90.6
    %

    7,535,770

    93.2
    %

    Income from operations

    840,381

    9.4
    %

    545,632

    6.8
    %

    Interest (income) expense, net

    6,339

    0.1
    %

    (2,501
    )

    0.0
    %

    Other (income) expense, net

    (1,305
    )

    0.0
    %

    7,788

    0.1
    %

    Income before income taxes
     
    $
    835,347

    9.4
    %
     
    $
    540,345

    6.7
    %

During 2024, as compared to 2023, net revenues from our acute care hospital services increased by $841 million, or 10.4%, due to: (i) the $674 million, or 8.5% increase in Same Facility revenues, as discussed above; (ii) a $187 million increase in provider tax assessments (which had no impact on income before income taxes since the amounts offset between net revenues and other operating 

49

expenses), and; (iii) $20 million of other combined net decreases consisting primarily of decreased revenues at Desert Springs Hospital.              

Income before income taxes increased by $295 million, or 54.6%, to $835 million, or 9.4