Beyond the Tech Giants: 35 Non-Tech AI Opportunities

12. Universal Health Services, Inc. (NYSE:UHS)

Number of Hedge Fund Holders: 46

Universal Health Services, Inc. (NYSE:UHS) owns and operates acute care hospitals, and outpatient and behavioral health care facilities. The firm is integrating AI technologies in several areas to enhance patient care and operational efficiency. One significant partnership involves working with Hippocratic AI, which develops large language models (LLMs) specifically for healthcare. These models aim to address healthcare challenges, such as improving accessibility and addressing staffing shortages. Additionally, UHS uses Vital Software, an AI-powered platform that helps streamline patient communication and engagement in hospitals. This system assists patients by providing real-time information about their healthcare journey, reducing staff workload, and improving patient satisfaction.

Universal Health Services, Inc. (NYSE:UHS) is one of the most followed health stocks on Wall Street. Baird analyst Michael Ha recently raised the price target on the stock to $274 from $236 and kept an Outperform rating, reiterating the shares as the top hospital pick as 2Q performance confirmed a margin recovery thesis with nearly 15% 2Q adj. EBITDA margins, the highest since 2021. In an investor note, the advisory added that this was only the beginning of a powerful multi-year margin improvement story.