King of Prussia, Pa.-based Universal Health Services reached a tentative agreement in August to resolve all outstanding claims in lawsuits tied to alleged sexual abuse of patients at its New Kent, Va.-based Cumberland Hospital for Children and Adolescents, according to the system’s third-quarter financial report and Oct. 28 earnings call. The agreement is subject to final release agreements and certain court approvals. Its terms are confidential. Steve Filton, CFO of UHS, said during the call that the system increased its reserves for self-insured professional and general liability claims by $26… Originally published in Becker’s Hospital Review. Read More
UHS reaches tentative settlement in patient abuse lawsuits
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