Company: UHS
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000950170-25-027785
Chunk: 121

Company: UNIVERSAL HEALTH SERVICES INC
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1B
Chunk 121
---
    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

    46,986

    0.7
    %

    44,028

    0.7
    %

    Subtotal-operating expenses

    5,534,248

    80.3
    %

    5,106,954

    82.5
    %

    Income from operations

    1,360,803

    19.7
    %

    1,083,967

    17.5
    %

    Interest expense, net

    4,027

    0.1
    %

    4,558

    0.1
    %

    Other (income) expense, net

    (3,547
    )

    -0.1
    %

    (4,271
    )

    -0.1
    %

    Income before income taxes
     
    $
    1,360,323

    19.7
    %
     
    $
    1,083,680

    17.5
    %

During 2024, as compared to 2023, net revenues generated from our behavioral health services increased by $704 million, or 11.4%. The increase was primarily attributable to the $650 million, or 10.7%, increase in net revenues at our behavioral health facilities, on a Same Facility basis, as discussed above, as well as a $51 million increase in provider tax assessments