Acute Care and Behavioral Health Segment Analysis
UHS
COVID-19 Update
• Our patients' and physicians' safety comes first
Our primary focus as the effects of COVID-19 began to impact our facilities was the health and safety of our patients, employees and physicians
• We implemented various measures to provide the safest possible environment within our facilities during this pandemic and will continue
to do so
• Material effect on our business
• Patient volumes at our acute care and behavioral health care facilities were significantly impacted in 2020
Shift in payor mix
• Continue to see waves of COVID-19 cases at times
⚫ We implemented various initiatives to enhance financial flexibility:
•
Suspension of our stock repurchase program and of quarterly dividends payment
Initiatives to increase labor productivity and reductions to certain other costs
• Pursuit of state and local grant funding opportunities where available.
•
• Reduced spend rate and magnitude of certain previously planned capital projects and expenditures
• CARES Act and other Government payments
• Received $1.112 billion as of 12-31-2020
о
$417 million Various governmental stimulus programs
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$695 million Medicare accelerated payments (MAAPP) all accelerated payments have been repaid as of 3-31-2021
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