List of Legal Investigations at UHS Facilities

Posted on May 23, 2012

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  • In 2008, Riveredge Hospital in Chicago, Illinois received a subpoena from the United States Department of Justice (“DOJ”) requesting certain information from the facility.In 2009 a lawsuit was filed against Psychiatric Solutions, Inc, which Universal Health Services, Inc acquired. The lawsuit filed in the United States District Court for the Middle District of Tennessee against Psychiatric Solutions, Inc and the former directors alleges violations of federal securities laws.
  • In 2009, Sierra Vista Hospital in Sacramento, California learned of an investigation by the U.S. Department of Justice relating to Medicare services provided by the facility. Universal Health Services, Inc said it reached a tentative financial settlement with the DOJ which is subject to the negotiation of a definitive settlement agreement.
  • In November, 2009, the DOJ and the Virginia Attorney General intervened in a qui tam case that had been filed by former employees of Marion Youth Center under seal in 2007 against Universal Health Services, Inc. and others. Universal Health Services, Inc. said that during the third quarter of 2011, it reached an agreement in principle to settle all of the claims.
  • In September, 2010, Universal Health Services, Inc., along with many other companies in the healthcare industry, received a letter from the United States Department of Justice advising of a False Claim Act investigation being conducted in connection with the implantation of implantable cardioverter defibrillators from 2003 to the present at several of our acute care facilities.
  • In October, 2010, Friends Hospital in Philadelphia, Pennsylvania, received a subpoena from the DOJ requesting certain documents from the facility.

Those who are current long term investors in Universal Health Services, Inc. (NYSE:UHS) shares, have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Trevor Allen
3111 Camino Del Rio North – Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Source: http://www.sbwire.com/press-releases/universal-health-services-inc-nyseuhs-long-term-investor-alert-investigation-139920.htm

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