Group 1 - Universal Health Services operates acute and behavioral health care facilities, with a focus on the impact of policy changes on hospitals [1] - The company has been proactive in assessing the effects of enhanced subsidies and Medicaid supplemental payments on its operations [2] - Medicaid accounts for approximately 15% of the company's revenue, with expansion contributing an even smaller portion [3] Group 2 - The company is more insulated on the behavioral health side due to patient optionality, while facing greater exposure on the acute care side [3] - There is an ongoing discussion regarding the implications of work requirements and biannual reverification of Medicaid expansion [2]