UHS RTC Headline, Skin Substitutes Reports, OR Medicaid Pressures - Thur. 7/9 HeartBeats

研报英文原文证据摘录

UHS RTC Headline, Skin Substitutes Reports, OR Medicaid Pressures - Thur. 7/9 HeartBeats

Healthcare Providers & Services July 9, 2026

Jason Cassorla

jason.cassorla@guggenheimpartners.com UHS RTC Headline, Skin Substitutes Reports, OR

212 518 9501 Medicaid Pressures - Thur. 7/9 HeartBeats Lin Zhang, CFA

lin.zhang@guggenheimpartners.com

212 518 9017 Key Message: Our Guggenheim HeartBeats highlights and summarizes key reports,

articles, and other news/headlines that could impact companies within the Healthcare

Services space. Today's focus is on UHS RTC Headline, Skin Substitutes Reports, OR

Medicaid Pressures.

Ticker Price Rating

ACHC 30.74 Buy

CI 289.73 Buy Today's HeartBeats

CNC 67.09 Neutral It was reported that officials in • UHS – Provo Canyon School Campus Loses License:

ELV 416.08 Buy Utah have revoked the license of Provo Canyon School's Springville Campus, operated

UHS 156.43 Buy by UHS, citing the facility’s failure to provide required health and safety services. The

action follows a state sanction in May over delayed medical care to a patient and

longstanding allegations of abuse at the treatment center. The school has 15 days to

appeal the decision and must stop providing services and halt new enrollments by August

6 if any appeal is unsuccessful. (Axios Salt Lake City, Kim Bojorquez, 7/7/26)

Based on available data for beds, and our assumptions for residential • Our Take:

daily rates and assuming a normalized occupancy rate, we estimate the aggregate

Provo Canyon School (both Provo and Springville campuses) generates ~$40M-

$50M of annualized revenue and ~$10M of annualized EBITDA, although we note

UHS does not spike out any DPP-related reimbursement for UT. Additionally, bed

attribution between the two campuses is limited, and pressures from local headlines