Universal Health Services, Inc. Participates in the MIT COVID-19 Challenge

Virtual hackathon this weekend promises to generate innovative solutions

MIT COVID-19 ChallengeKING OF PRUSSIA, Penn. (March 31, 2020) — Universal Health Services, Inc. (NYSE: UHS), one of the most respected providers of hospital and healthcare services, is pleased to announce its participation in the MIT COVID-19 Challenge, a virtual 48-hour hackathon scheduled for this coming weekend April 3-5, 2020. Over 1,500 participants are registered to participate.

This weekend’s hackathon is one in a series of virtual challenges aimed at solving the COVID-19 issue. During this weekend’s event, participants will help tackle the most critical unmet needs caused by the COVID-19 outbreak. Participants will form teams on Friday, April 3, to hone in on the problems, generate solutions, including proof of concepts, prototypes, and preliminary vision for execution. On Sunday, April 5, teams will reconvene to present their work. After the weekend, the best ideas and teams will have the opportunity to co-develop and implement their solution with the support of our partners.

For more information and to apply as a participant, please visit website.

“What better way to get after a complex issue like the COVID-19 outbreak than by assembling a virtual team of innovators, problem solvers and go-getters — who are adhering to social distancing — to hack a solution,” said Matt Peterson, Executive Vice President, UHS, and President, Behavioral Health Division. “Every action we are taking right now is intended to deliver superior patient care, enabling patients to live their best and safest lives.”

The MIT COVID-19 Challenge is proud to be supported by organizations including UHS, the MIT Martin Trust Center for Entrepreneurship, MIT Hacking Medicine, MIT Innovation Initiative, MIT Sloan Healthcare Club, Digital Medicine Society, US Department of Veterans Affairs, Netherlands Innovation Network, MassBio, and many more.

About MIT

The Massachusetts Institute of Technology — a coeducational, privately endowed research university — is dedicated to advancing knowledge and educating students in science, technology and other areas of scholarship that will best serve the nation and the world in the 21st century. The Institute has more than 900 faculty and 10,000 undergraduate and graduate students. It is organized into five schools – Architecture and Planning, Engineering, Humanities, Arts, and Social Sciences, Management and Science – and the Whitaker College of Health Sciences and Technology. Within these are 33 degree-granting departments, programs and divisions. In addition, a great deal of research and teaching takes place in interdisciplinary programs, laboratories and centers whose work extends beyond traditional departmental boundaries. The board of trustees, known as the Corporation, consists of about 75 national and international leaders in higher education, business and industry, science, engineering and other professions. Forty-seven alumni, faculty, researchers and staff have won Nobel Prizes.

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, annual revenues were $11.4 billion for 2019. In 2020, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; in 2019, ranked #293 on the Fortune 500; and in 2017, listed #275 in Forbes inaugural ranking of America’s Top 500 Public Companies.

Our operating philosophy is as effective today as it was 40 years ago, enabling us to provide high-quality care to our patients and their loved ones.  Our strategy includes building or acquiring 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 90,000 employees and through its subsidiaries operates 26 acute care hospitals, 328 behavioral health facilities, 42 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 37 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 on the Company, visit our web site: http://www.uhsinc.com.

Contact

For more information

Jane Crawford Universal Health Services 610-382-4830 jane.crawford@uhsinc.com