Universal Health Services, Inc. Acquires New Mental Health System

OPEN MINDS The Behavioral Health & Social Service Industry Analyst Industry News Universal Health Services, Inc. (NYSE: UHS) has acquired the 146 licensed bed Timberlawn Mental Health System in Dallas, Texas. Founded in 1917, Timberlawn was the first behavioral health hospital west of the Mississippi, and in 1995, it was named by U.S. News and World Report as one of the leading psychiatric hospitals in the country. Timberlawn generates approximately $12 million of annual revenues from its full continuum of inpatient and outpatient services. Universal Health Services, Inc. is the nation's fourth largest hospital management company and operates . . .