Exhibit 99.1

FOR IMMEDIATE RELEASE

CONTACT:	Steve Filton
	Chief Financial Officer	February 28, 2008
	610-768-3300

UNIVERSAL HEALTH SERVICES, INC. REPORTS

2007 FOURTH QUARTER AND FULL YEAR EARNINGS AND 2008 GUIDANCE

Consolidated Results of Operations:

KING OF PRUSSIA, PA – Universal Health Services, Inc. (NYSE: UHS) announced today that its reported net income was $40.0 million, or $.75 per diluted share, during the fourth quarter of 2007 as compared to $34.2 million, or $.63 per diluted share, during the comparable prior year quarter. For the year ended December 31, 2007, reported net income was $170.4 million, or $3.18 per diluted share, as compared to $259.5 million, or $4.56 per diluted share, during the prior year.

As indicated on the attached Schedules of Non-GAAP Supplemental Consolidated Statements of Income Information (“Supplemental Schedules”), our income from continuing operations and net income for the three and twelve-month periods ended December 31, 2007 and 2006 include various items such as: (i) hurricane related expenses, net of recoveries, minority interests and income taxes; (ii) prior period effect of the recording or reserving of Texas Medicaid supplemental payments and cost reports settlements, net of income taxes; (iii) reserve for legal judgment and lawsuit, the write-down of the carrying-value of investment in a joint-venture and gain on sale of real property, net of income taxes; (iv) favorable income tax adjustments to reduce reserves due to the expiration of statute of limitations in various tax jurisdictions; (v) prior period effect of a favorable adjustment to reduce our professional and general liability self-insurance reserves based upon the results of a reserve analysis, net of minority interests and income taxes, and; (vi) a charge incurred during 2006 to record the aggregate present value of the future funding of a portion of a gift from our Chairman of the Board of Directors, Chief Executive Officer and President to The College of William & Mary (“W&M Funding”).

After adjusting for the items discussed above applicable to each period presented, as indicated on the attached Supplemental Schedules, our adjusted net income during the three-month period ended December 31, 2007 was $39.6 million, or $.74 per diluted share, as compared to $32.4 million, or $.60 per diluted share, during the fourth quarter of 2006. Our adjusted net income during the year ended December 31, 2007 was $164.3 million, or $3.07 per diluted share, as compared to $157.3 million, or $2.79 per diluted share, during the prior year.

Net revenues increased 12% to $1.19 billion during the fourth quarter of 2007 as compared to $1.07 billion during the fourth quarter of 2006. Net revenues increased 13%

to $4.75 billion during the year ended December 31, 2007 as compared to $4.19 billion during the prior year. Our consolidated operating margin, as calculated on the attached Supplemental Schedules (without adjusting for the various items mentioned above), was 12.9% and 12.3% during the three-month periods ended December 31, 2007 and 2006, respectively, and 13.1% during each of the years ended December 31, 2007 and 2006.

Acute Care Services:

At our acute care hospitals owned during both periods (“same facility basis”), inpatient admissions were unchanged and patient days decreased 1.4% during the fourth quarter of 2007 as compared to the fourth quarter of 2006. On a same facility basis, net revenues at our acute care facilities increased 7.6% during the fourth quarter of 2007 as compared to the comparable prior year quarter. Net revenue per adjusted admission at these facilities increased 4.8% during the fourth quarter of 2007 over the comparable prior year quarter. The operating margin at our acute care hospitals owned during both periods increased to 13.9% during the fourth quarter of 2007 as compared to 12.1% during the fourth quarter of 2006.

At our acute care hospitals, on a same facility basis, inpatient admissions increased 2.4% and patient days increased 2.1% during the year ended December 31, 2007 as compared to the prior year. Net revenues at these facilities increased 7.7% during 2007 as compared to 2006. Net revenue per adjusted admission at these facilities increased 3.3% during the year ended December 31, 2007 over the prior year. The operating margin at our acute care hospitals owned during both years increased to 13.8% during 2007 as compared to 13.4% during 2006.

We provide care to patients who meet certain financial or economic criteria without charge or at amounts substantially less than our established rates. Because we do not pursue collection of amounts determined to qualify as charity care, they are not reported in net revenues or in accounts receivable, net. Our acute care hospitals provided charity care and uninsured discounts, based on charges at established rates, amounting to $130 million and $117 million during the three-month periods ended December 31, 2007 and 2006, respectively, and $548 million and $443 million during the years ended December 31, 2007 and 2006, respectively.

Behavioral Health Care Services:

At our behavioral health facilities, on a same facility basis, inpatient admissions increased 7.3% and patient days increased 5.6% during the fourth quarter of 2007 as compared to the fourth quarter of 2006. On a same facility basis, net revenues at our behavioral health facilities increased 9.5% during the fourth quarter of 2007 as compared to the comparable prior year quarter. Net revenue per adjusted admission at these facilities increased 2.8% during the fourth quarter of 2007 over the comparable prior year quarter. The operating margin at our behavioral health facilities owned during both periods increased to 23.4% during the fourth quarter of 2007 as compared to 22.8% during the fourth quarter of 2006.

At our behavioral health facilities, on a same facility basis, inpatient admissions and patient days each increased 4.3% during the year ended December 31, 2007 as

compared to the prior year. On a same facility basis, net revenues at our behavioral health facilities increased 7.4% during 2007 as compared to 2006. Net revenue per adjusted admission at these facilities increased 3.1% during 2007 over the prior year. The operating margin at our behavioral health facilities owned during both years was 23.6% during 2007 and 23.5% during 2006.

2008 Guidance:

During 2008, based upon current trends and subject to certain provisions and adjustments, including those as set forth below in General Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures, we estimate that we will achieve earnings per diluted share from continuing operations of approximately $3.37 to $3.42 on projected net revenues of $5.13 billion.

During 2008, we expect to spend approximately $400 million to $425 million on capital expenditures, including approximately $240 million related to expenditures for capital equipment, renovations, new projects at existing hospitals and completion of major construction projects in progress at December 31, 2007.

Conference Call Information:

We will hold a conference call for investors and analysts at 9:00 a.m. eastern time on February 29, 2008. The dial-in number is 1-877-648-7971. A digital recording of the conference call will be available two hours after the completion of the conference call on February 29, 2008 and will continue through midnight on March 14, 2008. The recording can be accessed by calling 1-800-642-1687 and entering the conference ID number 32133043. This call will also be available live over the internet at our web site at www.uhsinc.com. It will also be distributed over CCBN’s Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the call through CCBN’s individual investor center at http://www.companyboardroom.com or by visiting any of the investor sites in CCBN’s Individual Investor Network. Institutional investors can access the call via CCBN’s password-protected event management site, StreetEvents (www.streetevents.com).

General Information, Forward-Looking Statements and Risk Factors and Non-GAAP Financial Measures:

Universal Health Services, Inc. is one of the nation’s largest hospital companies, operating acute care and behavioral health hospitals and ambulatory centers nationwide and in Puerto Rico. It acts as the advisor to Universal Health Realty Income Trust, a real estate investment trust (NYSE:UHT). For additional information on the Company, visit our web site: http://www.uhsinc.com.

This press release contains forward-looking statements based on current management expectations. Numerous factors, including those disclosed herein, those related to healthcare industry trends and those detailed in our filings with the Securities and Exchange Commission (as set forth in Item 1A-Risk Factors and in Item 7-Forward-Looking Statements and Risk Factors in our Form 10-K for the year ended December 31, 2007), may cause results to differ materially from those anticipated in the forward-

looking statements. Many of the factors that will determine our future results are beyond our capability to control or predict. These statements are subject to risks and uncertainties and therefore actual results may differ materially. Readers should not place undue reliance on such forward-looking statements which reflect management’s view only as of the date hereof. We undertake no obligation to revise or update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

We believe that operating income, operating margin, adjusted income from continuing operations, adjusted income from continuing operations per diluted share, adjusted net income, adjusted net income per diluted share and earnings before interest, taxes, depreciation and amortization (“EBITDA”), which are non-GAAP financial measures (“GAAP” is Generally Accepted Accounting Principles in the United States of America), are helpful to our investors as measures of our operating performance. In addition, we believe that comparing and discussing our financial results based on these measures, as calculated, is helpful to our investors since it neutralizes the effect in each year of items that are nonrecurring or non-operational in nature including items such as, but not limited to, gains on sales of assets and businesses, hurricane-related expenses and insurance recoveries, reserves for legal judgments, lawsuits and other settlements and other amounts that may be reflected in the current or prior year financial statements that relate to prior periods. To obtain a complete understanding of our financial performance these measures should be examined in connection with net income, determined in accordance with GAAP, as presented in the condensed consolidated financial statements and notes thereto in this report or in our other filings with the Securities and Exchange Commission including our Report on Form 10-K for the year ended December 31, 2007. Since the items included or excluded from these measures are significant components in understanding and assessing financial performance under GAAP, these measures should not be considered to be alternatives to net income as a measure of our operating performance or profitability. Since these measures, as presented, are not determined in accordance with GAAP and are thus susceptible to varying calculations, they may not be comparable to other similarly titled measures of other companies. Investors are encouraged to use GAAP measures when evaluating our financial performance.

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Universal Health Services, Inc.

Consolidated Statements of Income

(in thousands, except per share amounts).

	Three months ended December 31,						Twelve months ended December 31,
	2007			2006			2007			2006
Net revenues	$	1,194,211		$	1,065,881		$	4,751,005		$	4,191,300
Operating charges:
Salaries, wages and benefits		519,187			461,500			2,039,676			1,797,587
Other operating expenses		248,828			228,026			997,807			936,958
Supplies expense		168,811			156,431			675,757			556,702
Provision for doubtful accounts		103,378			88,940			415,961			349,030
Depreciation and amortization		47,864			43,334			183,281			163,694
Lease and rental expense		17,552			15,813			68,253			64,060
Hurricane related expenses, net		(493	)		(640	)		214			13,792
Hurricane insurance recoveries		—			—			—			(13,792	)
		1,105,127			993,404			4,380,949			3,868,031
Income before interest expense, hurricane insurance recoveries in excess of expenses, minority interests and income taxes		89,084			72,477			370,056			323,269
Interest expense, net		12,983			9,196			51,626			32,558
Hurricane insurance recoveries in excess of expenses		—			—			—			(167,999	)
Minority interests in earnings of consolidated entities		10,710			8,621			43,361			46,238
Income before income taxes		65,391			54,660			275,069			412,472
Provision for income taxes		25,488			20,458			104,550			152,878
Income from continuing operations		39,903			34,202			170,519			259,594
Income (loss) from discontinued operations, net of income tax benefit (a)		51			(32	)		(132	)		(136	)
Net income	$	39,954		$	34,170		$	170,387		$	259,458
Basic earnings per share: (b)
From continuing operations	$	0.75		$	0.63		$	3.19		$	4.76
From discontinued operations		0.00			0.00			0.00			0.00
Total basic earnings per share	$	0.75		$	0.63		$	3.19		$	4.76
Diluted earnings (loss) per share: (b)
From continuing operations	$	0.75		$	0.63		$	3.18		$	4.57
From discontinued operations		0.00			0.00			0.00			(0.01	)
Total diluted earnings per share	$	0.75		$	0.63		$	3.18		$	4.56

Universal Health Services, Inc.

Footnotes to Consolidated Statements of Income

(in thousands, except per share amounts)

	Three months ended December 31,						Twelve months ended December 31,
	2007			2006			2007			2006
(a) Calculation of income from discontinued operations, net of income tax:
Income (loss) from operations	$	83		$	(52	)	$	(213	)	$	(217	)
Income tax (expense) benefit		(32	)		20			81			81
Income (loss) from discontinued operations, net of taxes	$	51		$	(32	)	$	(132	)	$	(136	)
(b) Earnings per share calculation:
Basic:
Income from continuing operations	$	39,903		$	34,202		$	170,519		$	259,594
Less: Dividends on unvested restricted stock, net of taxes		(17	)		(26	)		(79	)		(89	)
Income from continuing operations—basic	$	39,886		$	34,176		$	170,440		$	259,505
Income (loss) from discontinued operations		51			(32	)		(132	)		(136	)
Net income—basic	$	39,937		$	34,144		$	170,308		$	259,369
Weighted average number of common shares—basic		53,051			53,936			53,381			54,557
Basic earnings per share:
From continuing operations	$	0.75		$	0.63		$	3.19		$	4.76
From discontinued operations		0.00			0.00			0.00			0.00
Total basic earnings per share	$	0.75		$	0.63		$	3.19		$	4.76
Diluted:
Income from continuing operations	$	39,903		$	34,202		$	170,519		$	259,594
Less: Dividends on unvested restricted stock, net of taxes		(17	)		(26	)		(79	)		(89	)
Add: Debenture interest, net of taxes		—			—			—			4,887
Income from continuing operations—diluted	$	39,886		$	34,176		$	170,440		$	264,392
Income (loss) from discontinued operations		51			(32	)		(132	)		(136	)
Net income - diluted	$	39,937		$	34,144		$	170,308		$	264,256
Weighted average number of common shares		53,051			53,936			53,381			54,557
Add: Shares for conversion of convertible debentures		—			—			—			3,117
Other share equivalents		182			255			188			234
Weighted average number of common shares and equiv.—diluted		53,233			54,191			53,569			57,908
Diluted earnings (loss) per share:
From continuing operations	$	0.75		$	0.63		$	3.18		$	4.57
From discontinued operations		0.00			0.00			0.00			(0.01	)
Total diluted earnings per share	$	0.75		$	0.63		$	3.18		$	4.56

Universal Health Services, Inc.

Schedule of Non-GAAP Supplemental Consolidated Statements of Income Information (“Supplemental Schedule“)

For the three months ended December 31, 2007 and 2006

(in thousands, except per share amounts)

(unaudited)

	Three months ended December 31, 2007						Three months ended December 31, 2006
Net revenues	$	1,194,211			100.0	%	$	1,065,881			100.0	%
Operating charges:
Salaries, wages and benefits		519,187			43.5	%		461,500			43.3	%
Other operating expenses		248,828			20.8	%		228,026			21.4	%
Supplies expense		168,811			14.1	%		156,431			14.7	%
Provision for doubtful accounts		103,378			8.7	%		88,940			8.3	%
		1,040,204			87.1	%		934,897			87.7	%
Operating income/margin		154,007			12.9	%		130,984			12.3	%
Lease and rental expense		17,552						15,813
Minority interests in earnings of consolidated entities		10,710						8,621
Earnings before hurricane related expenses, hurricane insurance recoveries, depreciation and amortization, interest expense, and income taxes (“EBITDA“)		125,745						106,550
Hurricane related expenses, net of insurance recoveries		(493	)					(640	)
Depreciation and amortization		47,864						43,334
Interest expense, net		12,983						9,196
Income before income taxes		65,391						54,660
Provision for income taxes		25,488						20,458
Income from continuing operations		39,903						34,202
Income (loss) from discontinued operations, net of income taxes		51						(32	)
Net income	$	39,954					$	34,170
	Three months ended December 31, 2007						Three months ended December 31, 2006
	Amount			Per Diluted Share			Amount			Per Diluted Share
Calculation of Adjusted Income from Continuing Operations
Income from continuing operations	$	39,903		$	0.75		$	34,202		$	0.63
Plus/minus adjustments:
Hurricane related expenses, net of recoveries, minority interests and income taxes		(306	)		(0.01	)		(233	)		—
Favorable prior period effect of Texas Medicaid supplemental payments and cost report settlements, net of income taxes		—			—			(6,280	)		(0.12	)
Reserve for lawsuit, net of income taxes		—			—			4,704			0.09
Subtotal after-tax adjustments to income from continuing operations		(306	)		(0.01	)		(1,809	)		(0.03	)
Adjusted income from continuing operations	$	39,597		$	0.74		$	32,393		$	0.60
Calculation of Adjusted Net Income
Net income	$	39,954		$	0.75		$	34,170		$	0.63
After-tax adjustments to income from continuing operations, as indicated above		(306	)		(0.01	)		(1,809	)		(0.03	)
Adjusted net income	$	39,648		$	0.74		$	32,361		$	0.60

Universal Health Services, Inc.

Schedule of Non-GAAP Supplemental Consolidated Statements of Income Information (“Supplemental Schedule”)

For the twelve months ended December 31, 2007 and 2006

(in thousands, except per share amounts)

(unaudited)

	Twelve months ended December 31, 2007						Twelve months ended December 31, 2006
Net revenues	$	4,751,005			100.0	%	$	4,191,300			100.0	%
Operating charges:
Salaries, wages and benefits		2,039,676			42.9	%		1,797,587			42.9	%
Other operating expenses		997,807			21.0	%		936,958			22.4	%
Supplies expense		675,757			14.2	%		556,702			13.3	%
Provision for doubtful accounts		415,961			8.8	%		349,030			8.3	%
		4,129,201			86.9	%		3,640,277			86.9	%
Operating income/margin		621,804			13.1	%		551,023			13.1	%
Lease and rental expense		68,253						64,060
Minority interests in earnings of consolidated entities		43,361						46,238
Earnings before hurricane related expenses, hurricane insurance recoveries, depreciation and amortization, interest expense, and income taxes ("EBITDA")		510,190						440,725
Hurricane insurance recoveries in excess of expenses		214						(167,999	)
Depreciation and amortization		183,281						163,694
Interest expense, net		51,626						32,558
Income before income taxes		275,069						412,472
Provision for income taxes		104,550						152,878
Income from continuing operations		170,519						259,594
Loss from discontinued operations, net of income taxes		(132	)					(136	)
Net income	$	170,387					$	259,458
	Twelve months ended December 31, 2007						Twelve months ended December 31, 2006
	Amount			Per Diluted Share			Amount			Per Diluted Share
Calculation of Adjusted Income from Continuing Operations
Income from continuing operations	$	170,519		$	3.18		$	259,594		$	4.57
Plus/minus adjustments:
Hurricane related expenses, net of recoveries, minority interests and income taxes		133			—			(99,908	)		(1.73	)
Gain on sale of real property, net of income taxes		(1,364	)		(0.02	)		—			—
Reduction of reserve for professional and general liability self-insured claims, net of minority interests and income taxes		(10,104	)		(0.19	)		—			—
Unfavorable (favorable) prior period effect of Texas Medicaid supplemental payments and cost report settlements, net of income taxes		3,419			0.07			(10,059	)		(0.18	)
Favorable tax reserve adjustment		(2,079	)		(0.04	)		(2,900	)		(0.05	)
Reserve for legal judgment and lawsuit, net of income taxes		2,307			0.04			6,273			0.11
Write-down of investment in joint-venture, net of income taxes		1,612			0.03			—			—
W&M Funding		—			—			4,466			0.08
Subtotal after-tax adjustments to income from continuing operations		(6,076	)		(0.11	)		(102,128	)		(1.77	)
Adjusted income from continuing operations	$	164,443		$	3.07		$	157,466		$	2.80
Calculation of Adjusted Net Income
Net income	$	170,387		$	3.18		$	259,458		$	4.56
After-tax adjustments to income from continuing operations, as indicated above		(6,076	)		(0.11	)		(102,128	)		(1.77	)
Adjusted net income	$	164,311		$	3.07		$	157,330		$	2.79

Universal Health Services, Inc.

Condensed Consolidated Balance Sheets

(in thousands)

	December 31, 2007		December 31, 2006
Assets:
Cash and cash equivalents	$	16,354	$	14,939
Accounts receivable, net		627,186		595,009
Other current assets		131,307		118,558
Property, plant and equipment, net		1,933,916		1,685,085
Other assets		899,894		863,451
Total Assets	$	3,608,657	$	3,277,042
Liabilities and Stockholders' Equity:
Current portion of long-term debt	$	3,116	$	1,938
Other current liabilities		484,595		500,513
Other noncurrent liabilities		344,755		340,815
Long-term debt		1,008,786		821,363
Deferred income taxes		40,022		35,888
Minority interest		210,184		174,061
Stockholders' equity		1,517,199		1,402,464
Total Liabilities and Stockholders' Equity	$	3,608,657	$	3,277,042

Universal Health Services, Inc.

Consolidated Statements of Cash Flows

(in thousands)

	Twelve months ended December 31,
	2007			2006
Cash Flows from Operating Activities:
Net income	$	170,387		$	259,458
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation & amortization		183,281			163,694
Accretion of discount on convertible debentures		—			6,364
Gain on sale of assets and businesses		(3,722	)		—
Hurricane related expenses		—			13,792
Hurricane insurance recoveries accrued		—			(181,791	)
Hurricane insurance recoveries received for operating expenses		—			43,929
Changes in assets & liabilities, net of effects from acquisitions and dispositions:
Accounts receivable		(11,540	)		(93,552	)
Accrued interest		2,143			796
Accrued and deferred income taxes		9,648			(111,438	)
Other working capital accounts		(26,547	)		18,090
Other assets and deferred charges		(4,700	)		2,524
Payment of hurricane related expenses		—			(14,889	)
Other		8,688			15,126
Minority interest in earnings of consolidated entities, net of distributions		10,334			15,536
Accrued insurance expense, net of commercial premiums paid		64,131			76,456
Payments made in settlement of self-insurance claims		(53,608	)		(44,856	)
Net cash provided by operating activities		348,495			169,239
Cash Flows from Investing Activities:
Property and equipment additions, net of disposals		(339,813	)		(341,140	)
Proceeds received from sale of assets		6,818			—
Acquisition of assets and businesses		(101,792	)		(81,800	)
Hurricane insurance recoveries received		—			144,571
Purchase of minority ownership interest in majority owned business		(14,762	)		—
Net cash used in investing activities		(449,549	)		(278,369	)
Cash Flows from Financing Activities:
Additional borrowings		183,206			494,353
Reduction of long-term debt		(8,716	)		(34,898	)
Repurchase of common shares		(74,091	)		(350,372	)
Dividends paid		(17,169	)		(17,445	)
Issuance of common stock		2,264			5,637
Financing costs		(588	)		(2,020	)
Net cash received for termination of derivatives		—			3,393
Capital contributions from minority member		17,563			17,458
Net cash provided by financing activities		102,469			116,106
Increase in cash and cash equivalents		1,415			6,976
Cash and cash equivalents, beginning of period		14,939			7,963
Cash and cash equivalents, end of period	$	16,354		$	14,939
Supplemental Disclosures of Cash Flow Information:
Interest paid	$	58,567		$	35,474
Income taxes paid, net of refunds	$	93,519		$	263,465

Universal Health Services, Inc.

Supplemental Statistical Information

(unaudited)

Same Facility:	% Change Quarter ended 12/31/2007		% Change 12 months ended 12/31/2007
Acute Care Hospitals
Revenues	7.6	%	7.7	%
Adjusted Admissions	2.6	%	4.3	%
Adjusted Patient Days	1.2	%	4.0	%
Revenue Per Adjusted Admission	4.8	%	3.3	%
Revenue Per Adjusted Patient Day	6.4	%	3.6	%
Behavioral Health Hospitals
Revenues	9.5	%	7.4	%
Adjusted Admissions	6.5	%	4.1	%
Adjusted Patient Days	4.8	%	4.2	%
Revenue Per Adjusted Admission	2.8	%	3.1	%
Revenue Per Adjusted Patient Day	4.5	%	3.1	%

UHS Consolidated	Fourth quarter ended						Twelve months ended
	12/31/2007			12/31/2006			12/31/2007			12/31/2006
Revenues	$	1,194,211		$	1,065,881		$	4,751,005		$	4,191,300
EBITDA (1)		125,745			106,550			510,190			440,725
EBITDA Margin (1)		10.5	%		10.0	%		10.7	%		10.5	%
Cash Flow From Operations		25,714			-80,781			348,495			169,239
Days Sales Outstanding		48			51			48			52
Capital Expenditures		76,447			108,132			339,813			341,140
Debt								1,011,902			823,301
Shareholders Equity								1,517,199			1,402,464
Debt / Total Capitalization								40.0	%		37.0	%
Debt / EBITDA (2)								1.98			1.87
Debt / Cash From Operations (2)								2.98			4.86
Acute Care EBITDAR Margin (3) (4)		13.0	%		12.1	%		13.5	%		13.5	%
Behavioral Health EBITDAR Margin (3) (4)		22.8	%		22.6	%		22.9	%		23.3	%

(1) Net of Minority Interest

(2) Latest 4 quarters

(3) Before Corporate overhead allocation and minority interest

(4) Excluding discontinued operations

UNIVERSAL HEALTH SERVICES, INC.

SELECTED HOSPITAL STATISTICS

FOR THE THREE MONTHS ENDED

DECEMBER 31, 2007

AS REPORTED:

	ACUTE (1)								BEHAVIORAL HEALTH
	12/31/07			12/31/06			% change		12/31/07			12/31/06			% change
Hospitals owned and leased		22			21		4.8	%		85			79		7.6	%
Average licensed beds		5,415			5,139		5.4	%		7,573			6,927		9.3	%
Patient days		285,286			275,664		3.5	%		517,818			469,340		10.3	%
Average daily census		3,100.9			2,996.3		3.5	%		5,628.5			5,101.5		10.3	%
Occupancy-licensed beds		57.3	%		58.3	%	-1.8	%		74.3	%		73.6	%	0.9	%
Admissions		64,425			62,055		3.8	%		30,548			27,211		12.3	%
Length of stay		4.4			4.4		-0.3	%		17.0			17.2		-1.7	%
Inpatient revenue	$	2,130,045		$	1,910,457		11.5	%	$	467,737		$	418,770		11.7	%
Outpatient revenue		894,019			729,711		22.5	%		62,362			51,848		20.3	%
Total patient revenue		3,024,064			2,640,168		14.5	%		530,099			470,618		12.6	%
Other revenue		15,510			12,859		20.6	%		7,750			8,115		-4.5	%
Gross hospital revenue		3,039,574			2,653,027		14.6	%		537,849			478,733		12.3	%
Total deductions		2,171,094			1,870,204		16.1	%		239,349			217,182		10.2	%
Net hospital revenue	$	868,480		$	782,823		10.9	%	$	298,500		$	261,551		14.1	%

SAME FACILITY:

	ACUTE (2)						BEHAVIORAL HEALTH (3)
	12/31/07		12/31/06		% change		12/31/07		12/31/06		% change
Hospitals owned and leased	21		21		0.0	%	79		79		0.0	%
Average licensed beds	5,181		5,139		0.8	%	7,174		6,918		3.7	%
Patient days	271,823		275,664		-1.4	%	494,813		468,666		5.6	%
Average daily census	2,954.6		2,996.3		-1.4	%	5,378.4		5,094.2		5.6	%
Occupancy-licensed beds	57.0	%	58.3	%	-2.2	%	75.0	%	73.6	%	1.8	%
Admissions	62,079		62,055		0.0	%	29,126		27,154		7.3	%
Length of stay	4.4		4.4		-1.4	%	17.0		17.3		-1.6	%

(1) Licensed beds from our Acute care hospitals located in New Orleans are excluded in 2006 and 2007.

(2) Acute care hospitals located in New Orleans and Texoma are excluded in current and prior years.

(3) Cottonwood, Dover Behavioral, Foundations Behavioral, Highlands Behavioral and Shenandoah Valley are excluded in both current and prior years. Cedar Ridge RTC and Northstar RTC are included in both current and prior years from July 1st through year to date ("YTD"). Academy at Canyon Creek and Casa de Lago are included in both current and prior years from August 1st through YTD. Cedar Ridge Hospital is included in both current and prior years from September 1st through YTD. Lincoln Trail is included in both current and prior years from November 1 through YTD and Spring Mountain is included in both current and prior years from December 1 through YTD. Tennessee Valley, Tuscaloosa Juvenile Detention Center and Triple L Group homes are excluded in current and prior years.

UNIVERSAL HEALTH SERVICES, INC.

SELECTED HOSPITAL STATISTICS

FOR THE TWELVE MONTHS ENDED

DECEMBER 31, 2007

AS REPORTED:

	ACUTE (1)								BEHAVIORAL HEALTH
	12/31/07			12/31/06			% change		12/31/07			12/31/06			% change
Hospitals owned and leased		22			21		4.8	%		85			79		7.6	%
Average licensed beds		5,417			5,070		6.8	%		7,348			6,607		11.2	%
Patient days		1,172,130			1,095,375		7.0	%		2,007,119			1,855,306		8.2	%
Average daily census		3,211.3			3,000.9		7.0	%		5,499.0			5,083.0		8.2	%
Occupancy-licensed beds		59.3	%		59.2	%	0.2	%		74.8	%		76.9	%	-2.7	%
Admissions		262,147			246,429		6.4	%		119,730			111,490		7.4	%
Length of stay		4.5			4.4		0.6	%		16.8			16.6		0.7	%
Inpatient revenue	$	8,588,580		$	7,518,157		14.2	%	$	1,806,835		$	1,663,509		8.6	%
Outpatient revenue		3,560,296			2,876,867		23.8	%		235,920			206,453		14.3	%
Total patient revenue		12,148,876			10,395,024		16.9	%		2,042,755			1,869,962		9.2	%
Other revenue		60,878			51,549		18.1	%		29,688			32,207		-7.8	%
Gross hospital revenue		12,209,754			10,446,573		16.9	%		2,072,443			1,902,169		9.0	%
Total deductions		8,731,499			7,339,940		19.0	%		926,365			873,202		6.1	%
Net hospital revenue	$	3,478,255		$	3,106,633		12.0	%	$	1,146,078		$	1,028,967		11.4	%

SAME FACILITY:

	ACUTE (2)						BEHAVIORAL HEALTH (3)
	12/31/07		12/31/06		% change		12/31/07		12/31/06		% change
Hospitals owned and leased	21		21		0.0	%	79		79		0.0	%
Average licensed beds	5,183		5,070		2.2	%	6,877		6,548		5.0	%
Patient days	1,118,543		1,095,375		2.1	%	1,919,426		1,839,564		4.3	%
Average daily census	3,064.5		3,000.9		2.1	%	5,258.7		5,039.9		4.3	%
Occupancy-licensed beds	59.1	%	59.2	%	-0.1	%	76.5	%	77.0	%	-0.7	%
Admissions	252,226		246,429		2.4	%	115,111		110,361		4.3	%
Length of stay	4.4		4.4		-0.2	%	16.7		16.7		0.0	%

(1) Licensed beds from our Acute care hospitals located in New Orleans are excluded in 2006 and 2007.

(2) Acute care hospitals located in New Orleans and Texoma are excluded in current and prior years.

(3) Cottonwood, Dover Behavioral, Foundations Behavioral, Highlands Behavioral and Shenandoah Valley are excluded in both current and prior years. Cedar Ridge RTC and Northstar RTC are included in both current and prior years from July 1st through year to date ("YTD"). Academy at Canyon Creek and Casa de Lago are included in both current and prior years from August 1st through YTD. Cedar Ridge Hospital is included in both current and prior years from September 1st through YTD. Lincoln Trail is included in both current and prior years from November 1 through YTD and Spring Mountain is included in both current and prior years from December 1 through YTD. Tennessee Valley, Tuscaloosa Juvenile Detention Center and Triple L Group homes are excluded in current and prior years.