Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 303

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 7
Chunk 303
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 was an $18 million increase in the adjustments made to our self-insured professional and general liability reserves that was applicable to our behavioral health facilities. As a percentage of net revenues during each year, other operating expenses decreased to 18.8% during 2024 as compared to 19.3% during 2023. 

Supplies expense increased $13 million, or 6.0%, during 2024, as compared to 2023.  As a percentage of net revenues during each year, supplies expense decreased to 3.4% during 2024 as compared to 3.6% during 2023.   

51

All Behavioral Health Care Services

The following table summarizes the results of operations for all our behavioral health care services during 2024 and 2023. These amounts include: (i) our behavioral health care results on a same facility basis, as indicated above; (ii) the impact of provider tax assessments which increased net revenues and other operating expenses but had no impact on income before income taxes, and; (iii) certain other amounts, if applicable, including the results of facilities acquired or opened during the past year as well as the results of facilities that were opened or closed during the past year. Dollar amounts below are reflected in thousands.

    Year Ended

    Year Ended

    December 31, 2024

    December 31, 2023

    % of Net

    % of Net

    Amount

    Revenues

    Amount

    Revenues

    Net revenues
     
    $
    6,895,051

    100.0
    %
     
    $
    6,190,921

    100.0
    %

    Operating charges:

    Salaries, wages and benefits

    3,603,123

    52.3
    %

    3,353,008

    54.2
    %

    Other operating expenses

    1,447,503

    21.0
    %

    1,303,311

    21.1
    %

    Supplies expense

    230,274

    3.3
    %

    217,310

    3.5
    %

    Depreciation and amortization

    206,362

    3.0
    %

    189,297

    3.1
    %

    Lease and rental expense