Universal Health Services' CEO Discusses Q2 2012 Results - Earnings Call Transcript

Universal Health Services, Inc. (UHS)

Q2 2012 Earnings Call

July 27, 2012 09:00 a.m. ET

Executives

Alan Miller – Chairman, Chief Executive Officer

Steve Filton – Chief Financial Officer

Analysts

Tom Gallucci – Lazard Capital

A.J. Rice – UBS

Ralph Giacobbe – Credit Suisse

Gary Lieberman – Wells Fargo

Darren Lehrich – Deutsche Bank

Kevin Campbell – Avondale Partners

Gary Taylor – Citigroup

John Ransom - Raymond James

Frank Morgan – RBC Capital Markets

Kevin Fischbeck – Bank of America/Merrill Lynch

Presentation

Operator

Good morning, my name is Benitta, and I will be your conference operator today. At this time, I would like to welcome everyone to the UHS Second Quarter Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions]

Thank you. I would now like to turn the call over to Mr. Steven Filton, Chief Financial Officer.

Steve Filton

Thank you and good morning. Alan Miller, our CEO is also joining us this morning. Welcome to this review of Universal Health Services’ results for the first quarter ended March 30, 2012.

During the conference call, Alan and I will be using words such as believes, expects, anticipates, estimates, and similar words that represent forecast, projections, and forward-looking statements.

For anyone not familiar with the risks and uncertainties inherent in these forward-looking statements, I recommend a careful reading of the section on risk factors and forward-looking statements and risk factors in our Form 10-K for the year ended December 31, 2011 and our Form 10-Q for the quarter ended March 31, 2012.

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