KING OF
PRUSSIA, Pa., Oct. 25,
2022 /PRNewswire/ -- Universal Health Services, Inc.
(NYSE: UHS) has announced the appointment of Edward (Eddie) H. Sim to Executive Vice
President and President, Acute Care, succeeding Marvin Pember,
who has announced his intention to retire. Reporting to President
and CEO Marc D. Miller, Eddie will
drive strategy and operations across the UHS Acute Care portfolio
including UHS' Acute Care hospitals, freestanding emergency
departments (FEDs) and ambulatory centers, as well as Independence
Physician Management and Prominence Health Plan.
"We thank Marvin for his service to UHS," said Marc D. Miller, President and CEO, UHS. "Under
Marvin's leadership over the past 11 years, our Acute Care division
has experienced robust growth and expansion in key markets, as well
as achieved a significant number of industry accolades and public
recognition for quality and service. Marvin will remain with the
organization for a transition period following Eddie's start with
UHS on December 5."
Eddie brings nearly 30 years of healthcare and leadership
experience. Most recently, Eddie served as Chief Operating Officer
at Centura Health, where he led the system's three operating
groups, clinical delivery and shared services, with annual revenues
of approximately $5 billion. In this
role, he was responsible for supporting improved care coordination,
operational and clinical excellence, and alignment across Centura's
ecosystem of 19 facilities and more than 250 clinics.
Prior to joining Centura Health, Eddie served in senior
leadership roles of increasing responsibility for 11 years at
Baptist Health in Jacksonville,
Florida. As president of physician integration, he was
responsible for an employed physician network of 380 physicians and
a clinically integrated network with more than 900 physicians. He
also served as president of a community hospital with approximately
$360 million of annual revenues and
vice president of operations of a tertiary care facility with
annual revenues of approximately $640
million.
Eddie earned his BA in Economics from Boston University; his MS in Pathology and
Laboratory Medicine from Albany Medical
College; and his MBA from Duke
University, The Fuqua School of Business.
"Eddie is a results-oriented, metrics-driven leader with a
longstanding track record of delivering service, quality and
financial results that closely aligns to our mission to provide
superior quality healthcare services," said Marc D. Miller, President and CEO, Universal
Health Services. "He will be an excellent addition to the UHS team,
and we look forward to his leadership."
About Universal Health Services,
Inc.
One of the nation's largest and most respected providers of
hospital and healthcare services, Universal Health Services, Inc.
has built an impressive record of achievement and performance.
Growing steadily since our inception into an esteemed Fortune 500
corporation, our annual revenues were approximately $12.6 billion in 2021. In 2022, UHS was again
recognized as one of the World's Most Admired Companies by
Fortune; ranked #297 on the Fortune 500; and in 2021 ranked
#307 on Forbes' list of America's Largest Public
Companies.
Our operating philosophy is as effective today as it was upon
the Company's founding in 1979, enabling us to provide
compassionate care to our patients and their loved ones. Our
strategy includes building or acquiring high quality hospitals in
rapidly growing markets, investing in the people and equipment
needed to allow each facility to thrive, and becoming the leading
healthcare provider in each community we serve.
Headquartered in King of Prussia,
PA, UHS has approximately 89,000 employees and through its
subsidiaries operates 28 acute care hospitals, 331 behavioral
health facilities, 41 outpatient facilities and ambulatory care
access points, an insurance offering, a physician network and
various related services located in 39 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom. It acts as the advisor to
Universal Health Realty Income Trust, a real estate investment
trust (NYSE: UHT). For additional information visit
www.uhs.com.
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SOURCE Universal Health Services, Inc.
