Filings monitor · UHS

What UNIVERSAL HEALTH SERVICES INC's SEC filings said

10-Q for 2026Q3, filed 6 Nov 2026. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Acquisition / Partnership / Divestiture90 · importance in its document · 8-K exhibit · 27 Oct 2026
   UHS said its acquisition of Talkspace, Inc. was completed in August 2026 and identified integration and realization of benefits as a business risk. Cash outflows for acquisition of businesses and property were $1.003 billion in the first…
2. Medicaid Supplemental Payments76 · importance in its document · 10-Q · 2026Q3
   For the nine months ended September 30, 2026, total supplemental Medicaid program revenues were $2.334 billion and aggregate net benefit was $1.584 billion, compared with $1.766 billion in revenues and $1.211 billion in net benefit for…
3. 340B OPPS Payment Changes71 · importance in its document · 10-Q · 2026Q3
   CMS’s remedy for the 2018–2022 340B payment policy requires a $7.8 billion budget-neutrality adjustment through lower future OPPS payments. CMS began reducing the OPPS conversion factor by 0.5% in calendar year 2026, with the adjustment…
4. Debt Refinancing and Liquidity70 · importance in its document · 10-Q · 2026Q3
   At September 30, 2026, UHS had approximately $5.7 billion of debt carrying value, up from $4.8 billion at December 31, 2025, and debt equaled approximately 43% of total capitalization, versus 40%. The company issued $600 million of 5.50%…
5. Capital Expenditure Program57 · importance in its document · 10-Q · 2026Q3
   Capital expenditures were $660 million in the first nine months of 2026, including costs for the Florida acute care hospital completed and opened in the second quarter and equipment, renovations and new projects at existing facilities.…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 6 Nov 2026

Full report · Filing on EDGAR

• Medicaid Supplemental PaymentsImportance 76
  For the nine months ended September 30, 2026, total supplemental Medicaid program revenues were $2.334 billion and aggregate net benefit was $1.584 billion, compared with $1.766 billion in revenues and $1.211 billion…
• 340B OPPS Payment ChangesImportance 71
  CMS’s remedy for the 2018–2022 340B payment policy requires a $7.8 billion budget-neutrality adjustment through lower future OPPS payments. CMS began reducing the OPPS conversion factor by 0.5% in calendar year 2026,…
• Debt Refinancing and LiquidityImportance 70
  At September 30, 2026, UHS had approximately $5.7 billion of debt carrying value, up from $4.8 billion at December 31, 2025, and debt equaled approximately 43% of total capitalization, versus 40%. The company issued…
• Capital Expenditure ProgramImportance 57
  Capital expenditures were $660 million in the first nine months of 2026, including costs for the Florida acute care hospital completed and opened in the second quarter and equipment, renovations and new projects at…
• Talkspace AcquisitionImportance 47
  UHS acquired Talkspace, Inc., a virtual behavioral healthcare company, during the third quarter of 2026. The acquisition, together with 39 residential and community homes and two day-services facilities acquired in…
• OBBBA Medicaid Payment ReductionsImportance 47
  The One Big Beautiful Bill Act (OBBBA), enacted July 4, 2025, phases down Medicaid state-directed payments (SDPs) and reduces provider-tax limits in expansion states; beginning with 2028 state fiscal years,…
• Capital Return ProgramImportance 44
  UHS spent $730 million on Class B common stock repurchases in the first nine months of 2026, including $690 million of open-market purchases under its stock repurchase program and $40 million of tax withholding related…
• Medicare OPPS and IPO ChangesImportance 43
  CMS’s November 2026 OPPS final rule sets a 3.2% hospital market-basket increase and a 0.9% productivity reduction for a 2.3% net update; after other adjustments and patient mix, UHS estimates an 8.9% overall Medicare…
• Interest Expense TrendsImportance 40 · +1 more on this subject
  Net interest expense rose 46% year over year to $56.277 million in the third quarter of 2026, from $38.431 million, and increased 17% to $133.322 million for the first nine months, from $113.851 million. Third-quarter…
• Labor Inflation and Staffing StandardsImportance 40
  California implemented staffing standards for acute psychiatric hospitals effective June 1, 2026, including requirements to determine staffing based on patient acuity and care needs. UHS says the standards have…
• ACA Subsidy ExpirationImportance 40 · +1 more on this subject
  Enhanced federal subsidies for health-insurance exchange coverage, extended through 2025 by the Inflation Reduction Act, expired on December 31, 2025. The filing says it is unclear which parts of the Affordable Care…
• Medicare IPPS Payment UpdateImportance 37
  CMS's 2027 IPPS final rule provides a 3.2% base MS-DRG market-basket increase, but UHS estimates its overall IPPS payment increase at approximately 0.1% after DSH and other adjustments. UHS estimates a 2.0% increase in…

8-K filings last 12 months

• Results, no stated guidance change27 Oct 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Acquisition / Partnership / Divestiture · Debt and Liquidity Position · Litigation and Legal Risk
• New debt21 Aug 2026 · 8-K Items 1.01, 2.03 · Routine · rule score 25
• New debt17 Aug 2026 · 8-K Item 2.03 · Routine · rule score 25
  Read from the attached exhibit: Talkspace Acquisition · AI Mental Health Guide · Distribution Channels
• Results (release not read)28 Jul 2026 · 8-K Item 2.02 · Routine · rule score 20
• New debt21 Jul 2026 · 8-K Items 1.01, 2.03 · Routine · rule score 25
• Management change (filing not read)21 May 2026 · 8-K Item 5.02 · Routine · rule score 20
• Results (release not read)28 Apr 2026 · 8-K Item 2.02 · Routine · rule score 20
• New debt24 Apr 2026 · 8-K Items 1.01, 2.03 · Routine · rule score 25
• Executive pay change30 Mar 2026 · 8-K Item 5.02 · Routine · rule score 5
  “2026 Annual Incentive Bonus Performance Goals On March 26, 2026, the Compensation Committee of the Board of Directors (the “Committee”) approved specific bonus formulae for the determination of annual incentive compensation for the…”
• Results (release not read)26 Feb 2026 · 8-K Item 2.02 · Routine · rule score 20
• Management change (filing not read)31 Dec 2025 · 8-K Item 5.02 · Routine · rule score 20

Earlier reports

• 10-Q · 2026Q2filed 7 Aug 2026
  OBBBA Medicaid Payment Reductions · Talkspace Acquisition · Interest Rate and Refinancing Exposure

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.