Dive Brief:

Universal Health Services raised its financial forecast for 2025 on Monday, after the operator posted third quarter revenues that increased 13.4% year over year to $4.5 billion.

The for-profit operator attributed the revenue increase in part to a $90 million boost from Washington D.C.’s recently approved Medicaid supplemental payment program, as well growth in its acute care volumes.

The health system now expects to take between $17.3 billion and $17.4 billion in revenue for the year, up from its previous forecast of $17.1 billion to $17.3 billion.

Dive Insight:

UHS recorded a net income of $373 million for the third quarter, a more than 44% increase from the same period last year.

Growth in UHS’ acute care division once again outpaced its behavioral health portfolio

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