Universal Health Services (UHS) agrees to acquire Ascend Health for $517M, including $17M in...

|About: Universal Health Services... (UHS)|By:, SA News Editor

Universal Health Services (UHS) agrees to acquire Ascend Health for $517M, including $17M in debt. Ascend operates nine psychiatric hospitals in five states - Texas, Arizona, Utah, Oregon and Washington. UHS "expects the acquisition to be immediately accretive to earnings and provide organic growth and expansion opportunities."