King of Prussia-based Universal Health Services continues expansion
Universal Health Services is acquiring three facilities from a nonprofit Mississippi hospital in a deal that will give the King of Prussia-based psychiatric hospital chain another 109-bed inpatient behavioral health facility.
Memorial Hospital at Gulfport’s sale of Memorial Behavior Health, announced last week, also includes two outpatient clinics located in Gulfport, Miss., along with the inpatient facility, writes Alison Burdo for Philadelphia Business Journal.
Expected to close some time in the first quarter of 2018, the deal comes amid an ongoing investigation into UHS.
The company has disclosed in documents filed with the Securities and Exchange Commission that about two dozen of its behavioral health hospitals are the subject of a federal probe by the Department of Justice looking into potential Medicare and Medicaid billing fraud. UHS has stated it is cooperating with the investigating agencies.
Financial terms of the deal were not disclosed.
UHS and Memorial Hospital said in a joint statement they plan to work together so the transfer of care is seamless, while integrating behavioral health services into the Gulfport hospital’s continuum of care.
“After a competitive selection process, UHS is proud to have been chosen by Memorial Hospital at Gulfport to partner in providing a full continuum of high-quality behavioral health and substance use treatment programs to serve the greater Gulf Coast community,” said Debbie Osteen of Universal Health Services.
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