Universal Health Services, Inc.
Condensed Consolidated Balance Sheets
(in thousands, unaudited)

  March 31,   December 31,
2001 2000
Assets:      
Cash and cash equivalents $13,044 $10,545
Accounts receivable, net 430,342 376,601
Other current assets 99,873 89,309
Property, plant and equipment, net 931,571 838,246
Funds restricted for construction 33,910 37,381
Other assets 481,275 390,295
  $1,990,015 $1,742,377
     
Liabilities and Stockholders' Equity:    
Current portion of long-term debt $870 $689
Other current liabilities 298,921 248,151
Other noncurrent liabilities 89,130 71,730
Minority interest 121,160 120,788
Long-term debt 700,128 548,064
Deferred income taxes 38,860 36,381
Stockholders' equity 740,946 716,574
  $1,990,015 $1,742,377


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