The George Washington University, Medical Faculty Associates, Inc. and Universal Health Services, Inc. Reach Agreement to Transition Clinical Services to Newly Created Provider Group and Continue Medical Education at GW Hospital

Agreement establishes clinical operations and staffing within UHS structure,
a framework for continuity of care, and ongoing support of the academic mission

Majority of MFA physicians and staff to be directly employed by
Capital Medical Group, a physician-led not-for-profit affiliate of UHS

Washington, D.C. / King of Prussia, PA – May 26, 2026 – The George Washington University (GW), Medical Faculty Associates, Inc. (MFA), and Universal Health Services, Inc. (UHS) today announced definitive agreement on a sustainable framework for the continued provision of patient care at GW Hospital, Cedar Hill Regional Medical Center, and affiliated outpatient sites, as well as high-quality medical education and research at GW’s School of Medicine and Health Sciences (SMHS).

For patients, the agreement and related transition have been designed to prioritize continuity of care. In particular, the majority of MFA physicians and staff are expected to be employed by Capital Medical Group, the new physician-led not-for-profit with a UHS entity as its sole member. Capital Medical Group will occupy most of the physical locations of the MFA, including in Foggy Bottom, keeping care in the same locations with which patients are familiar. Additionally, Capital Medical Group will provide clinical services to GW Hospital, Cedar Hill Regional Medical Center, and affiliated outpatient sites.

GW’s faculty will continue to teach and train the next generation of physicians at SMHS, and GW will continue to fund education activities in recognition of the vital role physicians play in teaching and mentoring students, residents, fellows, and researchers at SMHS. This new agreement also preserves the Undergraduate Medical Education and Graduate Medical Education programs at GW Hospital with GW’s medical faculty serving those programs.

“Today’s agreement is an important step forward for GW and the communities we serve,” said Ellen M. Granberg, President of The George Washington University. “It successfully safeguards the School of Medicine and Health Sciences’ missions of high-quality education and research, while providing for the funding and delivery of physician services at GW Hospital. In addition, this agreement provides financial certainty for the University and a sustainable path forward for the clinical operations at GW Hospital and its affiliates.”

“For nearly three decades, MFA physicians and staff have delivered exceptional care to patients across the Washington, D.C. region while training the next generation of physicians and advancing clinical research at one of the nation’s leading academic medical centers,” said Bill Elliott, Chief Executive Officer of the MFA. “This agreement was designed with patients and the continuity of high-quality care at the forefront.”

“Together, we are confident in the path forward – one that supports the physicians, clinicians and staff now to be known as Capital Medical Group, preserves the excellence of SMHS teaching and research missions, and meets the clinical needs of the hospitals and the community,” said Jason Barrett, Group Vice President, DC Region, UHS and CEO, GW Hospital. “We also believe this transaction will help speed the growth of medical inpatient and outpatient services at Cedar Hill Regional Medical Center, including the addition of community doctors. We remain wholly committed to providing high-quality care across a broad range of service lines to best serve patients.”

Key terms of the agreement include:

• A UHS affiliate will establish a new, physician-led not-for-profit physician practice group – Capital Medical Group – which will provide clinical services to GW Hospital, Cedar Hill Regional Medical Center, and affiliated outpatient sites. Critically, Capital Medical Group intends to provide its services with many of the same physicians at the same locations as the MFA.
• Clinicians moving to Capital Medical Group will retain their faculty appointments at SMHS and will continue to provide academic instruction and clinical training and engage in research.
• Under this five‑year, renewable agreement, UHS will become financially responsible for physician practice operations at GW Hospital, Cedar Hill Regional Medical Center, and affiliated outpatient sites.
• Over the next five years, GW will provide up to $230 million to support the transition to Capital Medical Group and absorb prior loans made to the MFA – this funding represents GW’s investment in the future of healthcare for the District of Columbia, medical education and research at SMHS, and the support of physicians, advanced medical providers, and staff transitioning to Capital Medical Group.
• After this time, UHS will assume full financial responsibility for clinical practice operations. This provides GW with greater financial certainty and relieves it of any potential future need under the current agreement to absorb MFA’s losses.
• GW will fund the orderly transition of functions that are not moving to Capital Medical Group, ensuring that affected MFA team members and their patients are supported throughout the process.
• As part of the transaction, Capital Medical Group will provide clinical services at Cedar Hill Regional Medical Center and its affiliates. GW is committed to ongoing engagement with Ward 7 and Ward 8 through educational partnerships and community health initiatives.
• GW remains the sponsoring and accrediting institution for all Graduate Medical Education programs for residents and fellows at SMHS, who will remain employed by GW, and GW Hospital will continue to serve as the primary clinical site for GW residents and fellows.
• GW and UHS are currently developing the new policies, procedures, and access needed to continue conducting research at GW Hospital and affiliated outpatient sites. Consistent with current practice, GW will continue to conduct research sponsored by the federal government, industry, and others at facilities outside of GW Hospital, Cedar Hill Regional Medical Center, and affiliated outpatient sites.

Between now and the closing date of the transaction, the parties will work to ensure a smooth transition that prioritizes patient care as well as the continuation of medical education and research at SMHS. The transaction is expected to close this summer and is subject to the deal’s closing conditions.

About George Washington University

In the heart of the nation’s capital, The George Washington University was created by an Act of Congress in 1821. Today, GW is the largest institution of higher education in the District of Columbia. The Universityoffers comprehensive programs of undergraduate and graduate liberal arts study, as well as degree programs in medicine, public health, law, engineering, education, business and international affairs. Each year, GW enrolls a diverse population of undergraduate, graduate and professional students from across the United States and around the world.

About Medical Faculty Associates, Inc.

The Medical Faculty Associates, Inc. (MFA) provides personalized, innovative, equitable, and high-quality care to improve the lives of our patients and their families. The MFA is part of an academic medical enterprise dedicated to clinical care, education, the discovery of innovative approaches to wellness andhealing, and addressing the health care needs of our local, national, and global communities. The MFA provides comprehensive care using cutting-edge approaches in more than 50 medical and surgical specialties to patients at multiple locations around Washington, D.C., Maryland, and Virginia. The MFA is a
501(c)3 with a mission of patient care, clinical research and teaching.

About Universal Health Services, Inc.

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (NYSE: UHS) has built an impressive record of achievement and performance, growing since its inception into a Fortune 300 corporation. Headquartered in King of Prussia, PA, UHS has 101,500 employees. Through its subsidiaries, UHS operates 30 acute care hospitals, 346 behavioral health facilities, 168 outpatient facilities and ambulatory care access points in 40 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom.

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