Universal Health Services falls on Medicaid impact warning

** Shares of Universal Health Services UHS.N fall 5% to $168.5 in extended trading

** UHS warns changes to Medicaid programs could materially affect future operating results

** Says new Medicaid eligibility requirements are expected to reduce Medicaid enrollment and expenditures, lowering revenue and increasing uncompensated care at its facilities

** Co says higher borrowing costs have increased interest expense and reduced free cash flow; further rate increases could hurt future results and cash flows

** Posts Q3 adj. profit per share of $5.22 compared with analysts' estimate of $5.16, according to LSEG-compiled data

** Reports Q3 revenue of $4.73 billion vs estimates of $4.71 billion

** Separately, larger peer HCA Healthcare HCA.N also signaled flat earnings for 2027 on lower Medicaid payments and a rise in uninsured patients

** UHS stock down 18.6% YTD