Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/psys) has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the Board of Directors of Psychiatric Solutions, Inc. (“Psychiatric Solutions” or the “Company”) (NASDAQ:PSYS) in connection with their actions in causing Psychiatric Solutions to enter into a merger agreement with Universal Health Services, Inc. (“UHS”). The proposed transaction is valued at approximately $3.1 billion, including assumed debt.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Psychiatric Solutions. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/psys.

Under the terms of the agreement, UHS will pay $33.75 in cash for each share of Psychiatric Solutions, or approximately $2 billion. The transaction is expected to be completed in the fourth quarter of 2010.

If you own shares of Psychiatric Solutions and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/psys. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information about class action cases in general, please visit our website: www.rmclasslaw.com.

Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan and Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.

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