FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * MILLER ALAN B   2. Issuer Name and Ticker or Trading Symbol UNIVERSAL HEALTH SERVICES INC [UHS] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director __X__ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman and CEO (Last) (First) (Middle) UNIVERSAL HEALTH SERVICES, INC., 367 SOUTH GULPH ROAD 3. Date of Earliest Transaction (Month/Day/Year) 12/08/2017 (Street) KING OF PRUSSIA, PA 19406 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class B Common Stock 12/08/2017   M   140,000 A $ 110.34 1,195,933 D   Class B Common Stock 12/08/2017   F   100,317 D $ 110.34 1,095,616 D   Class B Common Stock               14,858 I AMK 2014 LLC held by The Abby Danielle Miller 2002 Trust Class B Common Stock               22,259 I AMK 2014 LLC held by The Abby Miller King 2015 GRAT Class B Common Stock               62,883 I AMK 2014 LLC held by The Abby Miller King 2017 GRAT Class B Common Stock               55,763 I By The Abby Miller King 2011 Family Trust Class B Common Stock               14,858 I MDM 2014 LLC held by The Marc Daniel Miller 2002 Trust Class B Common Stock               22,259 I MDM 2014 LLC held by The Marc Daniel Miller 2015 GRAT Class B Common Stock               62,883 I MDM 2014 LLC held by The Marc Daniel Miller 2017 GRAT Class B Common Stock               14,858 I MS 2014 LLC held by The Marni Spencer 2002 Trust Class B Common Stock               22,259 I MS 2014 LLC held by The Marni Spencer 2015 GRAT Class B Common Stock               62,883 I MS 2014 LLC held by The Marni Spencer 2017 GRAT Class B Common Stock               10,810 I The Alan and Jill Miller Foundation Class B Common Stock               59,900 I The Marc Daniel Miller 2011 Family Trust Class B Common Stock               55,763 I The Marni Spencer 2011 Family Trust

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Option To Purchase Class B Common Stock

$ 53.38

12/08/2017

M

140,000

(1)

01/15/2018

Class B Common Stock

140,000

$ 0

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MILLER ALAN B UNIVERSAL HEALTH SERVICES, INC. 367 SOUTH GULPH ROAD KING OF PRUSSIA, PA 19406	X	X	Chairman and CEO

Signatures

/s/ Alan B. Miller		12/11/2017
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Option vested ratably on 1/16/2017.

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