Universal Health Services Inc., the largest operator of behavioral health hospitals in the nation, said that tight labor suppliers have been allowing the King of Prussia company to focus on patients with better-paying insurance.
“In an environment where we can only treat a limited number of patients, we can be more selective about who we treat and the fairness of what we think we’re being paid,” he said Wednesday during a conference call on the company’s second quarter earnings.
UHS also has a joint venture with the University of Pennsylvania Health System to operate a behavioral health hospital in Lancaster County. In the behavioral health arena, UHS plans to stick to the strategy of focusing on insurers that pay higher rates.