KING OF PRUSSIA, Pa.,
Aug. 19, 2015 /PRNewswire/ --
Universal Health Services, Inc. (NYSE: UHS) announced today that it
has acquired the stock of Alpha Hospitals Holdings Limited
("Alpha"). The acquisition of Alpha adds four hospitals and 305
beds to the Cygnet family. These facilities provide significant
child and adolescent services, low and medium secure services as
well as various specialist mental healthcare services. With the
addition of the Alpha hospitals and previously announced
acquisitions and bed additions, we have a total of 21 hospitals and
approximately 1,100 beds in the UK.
Alan B. Miller, CEO and Chairman
of the Board of Universal Health Services, Inc. said, "We are
pleased to announce the acquisition of Alpha and welcome them into
our growing system in the UK. The facility locations are an
excellent geographical fit and their services are complementary to
Cygnet's existing portfolio."
David Cole, CEO of Cygnet said,
"We have always viewed Cygnet and Alpha's operations as a good
match and I personally am delighted to have completed this
acquisition. Alpha Hospitals has a very good pedigree and an
excellent reputation in the sector. Like Cygnet, it is a
brand that portrays quality and confidence, and boasts very strong
customer relationships."
Universal Health Services, Inc. is one of the nation's largest
hospital companies, operating, through its subsidiaries, behavioral
health facilities, acute care hospitals, and ambulatory centers
throughout the United States,
Puerto Rico, the United Kingdom and the U.S. Virgin Islands.
Certain statements in this release may constitute
forward-looking statements and are subject to various risks and
uncertainties as discussed in the Company's filing with the
Securities and Exchange Commission. The Company is not
obligated to update these forward-looking statements even if the
Company's assessment of these risks and uncertainties changes.
For additional information on the Company, visit our website;
http://www.uhsinc.com.
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SOURCE Universal Health Services, Inc.