UHS · 10-Q · 2026Q2 · Full report

Behavioral Health Revenue Growth

UNIVERSAL HEALTH SERVICES INC · 2026-08-07 · Importance 49 · Surprise 32

All behavioral health services generated $2.025 billion of revenue in the second quarter of 2026, up $148 million, or 7.9%, from the comparable quarter of 2025. Same Facility behavioral health revenue increased $133 million, or 7.4%, and provider tax assessments added $30 million, partly offset by a $15 million decrease primarily related to Laurel Ridge Treatment Center in San Antonio, Texas. Six-month behavioral health revenue increased $291 million, or 8.0%, to $3.907 billion, including a $257 million Same Facility increase and a $43 million increase in provider tax assessments. Same Facility revenue per adjusted admission rose 7.1% in the quarter and 6.6% year to date, while occupancy remained 74%.

Key facts

• For all behavioral health care services (including provider tax assessments and other changes), Q2 2026 net revenues were $2,025,065 thousand compared to $1,877,273 thousand in Q2 2025, an increase of $148 million or 7.9%. source
• During the three-month period ended June 30, 2026, net revenues from behavioral health services on a Same Facility basis increased by $133 million or 7.4% compared to the comparable quarter of 2025. source
• During the three-month period ended June 30, 2026, net revenue per adjusted admission in behavioral health increased by 7.1% and net revenue per adjusted patient day increased by 6.1% compared to the comparable quarter of 2025. source