Universal Health Services runs two healthcare networks: acute care hospitals across several US states, and one of the nation's largest portfolios of behavioral health facilities treating psychiatric conditions and addiction. The behavioral segment distinguishes the company, with steady demand, shorter build times and less capital intensity than general hospitals. Founded in 1979 by Alan Miller and still family-influenced, UHS grows by adding beds and facilities in underserved markets while insurers, government payers and labor costs set the operating weather.