Editor
Universal Health Services’ profits dropped approximately 27% in the fourth quarter and the system said workforce shortages remain one of its biggest challenges.
The King of Prussia, Pennsylvania-based for-profit system on Monday reported net income of $174.82 million in the fourth quarter, compared with $239.12 million a year ago. Revenue grew 5.2% to $3.45 billion.
Operating expenses jumped 7.6% to $3.19 billion, due in part to…
