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UNIVERSAL HOSPITAL SERVICES, INC. ESTIMATES LOWER REVENUES

 BLOOMINGTON, Minn., July 8 /PR Newswire/ -- Universal Hospital Services, Inc. (NASDAQ: UHOS) announced today that it expects rental revenues for the second quarter ended June 30, 1993 to be approximately 3 percent lower than for the same quarter in 1992. Total revenues for the quarter, which includes sales of lower margin disposable products, will be down by about 6 percent from the comparable quarter in 1992.
 Second quarter earnings per share are expected to be in the range of $0.08-0.11 per share compared to $0.16 per share in the second quarter a year ago, and analysts estimates of $0.17 per share.
 The company attributes the weakness in rental revenues to a continuation of generally lower hospital census rates and the propensity by its hospital customers to extend useful lives of owned equipment as a result of continuing uncertainty on the direction of national healthcare reform.
 Thomas A. Minner, president and chief executive officer, said, "We remain convinced that UHS's Pay-Per-Use(TM) Equipment Management Programs are a part of the solution to cost containment in healthcare, and that UHS is well positioned for growth as the uncertainty surrounding federal healthcare policy begins to clear. As a result, we will continue to invest in the future through controlled development of both human and capital resources."
 Universal Hospital Services, Inc. provides movable medical equipment to hospitals and other healthcare providers through equipment management programs utilizing Pay-Per-Use as the system for charging customers only for actual equipment usage.
 Financial results for the second quarter will be released during the first week of August.
 -0- 7/8/93
 /CONTACT: David E. Dovenberg, vice president of finance & CFO for Universal Hospital Services, 612-893-3252/
 (UHOS)


CO: Universal Hospital Services ST: Minnesota IN: MTC SU:

KH -- MN012 -- 9695 07/08/93 17:18 EDT
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Publication:PR Newswire
Date:Jul 8, 1993
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