LeaderPortfolio
family
Alan Miller & family
Rank #2470
UNITED STATESHealthcareHealthcare services

Alan Miller & family

Net Worth
$1.641B
-0.86% (24h)
Alan Miller, born in 1937, is the founder and Executive Chairman of Universal Health Services (UHS), a Fortune 500 healthcare services company. His source of wealth stems from his pioneering work in the healthcare industry, starting with American Medicorp and later founding UHS in 1979. Under his leadership, UHS has grown into one of the largest healthcare providers in the United States and the United Kingdom. Miller's career is marked by a dedication to patient-centered care and has earned him numerous accolades for his business acumen and contributions to the healthcare sector. His strong leadership skills, learned through his military service, enabled him to build a company that has been repeatedly honored. He stepped down as CEO of UHS in 2021 and remains the Executive Chairman of the board.

The Full Dossier

Early Life

Alan B. Miller was born in Brooklyn, New York City, on August 17, 1937. His father owned a dry cleaner and his mother worked for a millinery company. Miller excelled in sports and was the New York City basketball champion in 1954.

Rise to Success

After serving in the U.S. Army, Miller pursued higher education, earning a Bachelor of Arts in Economics from the College of William & Mary and an MBA from the Wharton School of Business at the University of Pennsylvania. His career began in advertising before transitioning to healthcare. In 1969, he founded American Medicorp, a hospital management company, and became CEO in 1973. He successfully turned the company around before it was taken over in 1978. Undeterred, Miller founded Universal Health Services (UHS) in 1979. Under his leadership, UHS grew from a startup into a Fortune 500 company, becoming one of the largest healthcare providers in the U.S. and the U.K.. Miller stepped down as CEO in 2021, remaining as Executive Chairman.

Key Business Strategies

Miller’s success can be attributed to several key strategies. He focused on building a patient-centered healthcare company. He has a knack for “doing the right thing” and has shown a focus on value and financial discipline within the healthcare industry. This is reflected in UHS's consistent growth and numerous awards for quality care.

Philanthropy

Miller is actively involved in philanthropic efforts. The UHS Patriot Support Program serves active-duty military and veterans annually.

Career Timeline

2020

Stepped down as CEO of UHS

Stepped down as CEO of Universal Health Services.

1979

Founded Universal Health Services (UHS)

Founded Universal Health Services, Inc. (UHS).

1978

American Medicorp acquired

American Medicorp became the target of a hostile takeover by Humana.

1973

Became CEO of American Medicorp

Successfully engineered a turnaround.

1969

Founded American Medicorp

Founded American Medicorp, a company that built privately owned hospitals.

Philanthropic Impact

HealthcareUndisclosed

UHS Patriot Support Program

Annually serves over 7,500 active duty and veteran military.

Wealth Trajectory