During my time at Universal Health Services, Inc., I wrote the front (non-financial) section of 10 years of the company’s annual reports. I wrote everything for the first six years. For the next three years, I wrote everything except the behavioral health section. The last year I was involved in this project, I wrote only the “Letter from the Chairman.”
Writing the annual reports was a six- to eight-week process that involved extensive interviews with the company’s CEO, CFO, division presidents, and other subject matter experts. Those interviews were followed by an intense writing, review and rewriting process until we arrived at the final draft.
To take a look at the entire annual report, just click on the cover of each edition.