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Alan Miller & family

Alan Miller & family

A. family
0.23% | + $5.32M
$2.33 B ₹ 21,156 Cr
Real Time Net Worth #1789 Ranking as of 21 Feb 2026 By Forbes

More on Alan Miller & family

Gender

Male

Age

84Y

Country

United States

Born On

January, 1942

Deceased

No

Relationship Status

Married

Children

3

Education

University Of Pennsylvania, The Wharton School - Master Of Business Administration

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Hospitals)

Primary Organization

Universal Health Services

Titles

Founder & Executive Chairman

Sources of Wealth

Universal Health Services

Industry

Healthcare, Hospitals

About Alan Miller & family


A lan Miller is the founder and longtime Executive Chairman of Universal Health Services (UHS), one of the largest hospital management companies in the United States. A graduate of the Wharton School at the University of Pennsylvania, Miller began his career in business before identifying an opportunity in the healthcare sector. In 1979, he founded UHS with six employees and a clear vision: to build a portfolio of high-quality hospitals that delivered excellent patient care while maintaining strong financial discipline.

Under his decades of leadership, UHS grew from a small startup into a Fortune 500 company, operating a vast network of acute care hospitals, behavioral health facilities, and ambulatory centers across the U.S. and the U.K. Miller's leadership style is known for being hands-on and focused on long-term, steady growth. He served as CEO for over 40 years before transitioning to the Executive Chairman role in 2021, handing the CEO reins to his son, Marc Miller. The company remains a testament to his enduring strategy of building a healthcare giant one well-managed facility at a time.

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Quick Reads


  • Founder and Executive Chairman of Universal Health Services (UHS).
  • UHS is one of the largest hospital and healthcare services companies in the U.S.
  • He founded the company in 1979 and served as its CEO for over four decades.
  • UHS is a Fortune 500 company with facilities across the U.S. and the U.K.
  • His son, Marc Miller, took over as CEO in 2021.

Early Life and Background


Alan B. Miller was born on August 17, 1937, in Brooklyn, New York City, growing up in a working-class neighborhood that instilled the value of hard work and community. His mother worked for a millinery company, and his father owned a dry cleaner. A gifted athlete, Miller was a New York City high school basketball champion, graduating in 1954 at just 16 years old.

His academic excellence was matched by a commitment to service: he attended the College of William & Mary on an ROTC scholarship and later earned an MBA from the prestigious Wharton School of the University of Pennsylvania. His life took a dramatic turn when a severe car accident ended his college basketball career, forcing him to focus entirely on his studies and career, a period of adversity that shaped his famous resilience.

Career Journey of Alan Miller & family


Miller's professional journey began in advertising at Young & Rubicam, where he was instrumental in developing the nationally syndicated television program 'Cooking With Graham Kerr'. However, recognizing the opportunity in the emerging field of managed care, he transitioned into healthcare, founding his first hospital management company, American Medicorp, in 1969. He later orchestrated a notable turnaround of that company, gaining attention in the industry, before losing it in a hostile takeover.

Undeterred, Miller immediately founded Universal Health Services, Inc. (UHS) in 1979 with only six employees and zero revenue. Through strategic management and a relentless focus on shareholder returns (achieving an astounding 3,715% total shareholder return from 1995 to 2015), he transformed UHS into an S&P 500 corporation and one of the nation’s largest providers of hospital and healthcare services. He was named a 'Fortune 500' CEO and one of the '100 Most Influential People in Healthcare' for 17 consecutive years, finally stepping down as CEO in 2021 while remaining Executive Chairman.

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Alan Miller & family's Timeline


1969:

Founded his first company, American Medicorp Inc..

1979:

Founded Universal Health Services, Inc. (UHS).

1986:

Founded Universal Health Realty Income Trust (UHT), a separate REIT.

1999:

Received the William & Mary Alumni Medallion, the university’s highest alumni award.

2007:

The Alan B. Miller Business School Hall and Entrepreneurship Center were established at William & Mary.

2014:

UHS was added as a component of the S&P 500 Index.

2021 (Jan):

Stepped down as CEO, transitioning to Executive Chairman of the Board of UHS.

Ongoing:

Listed as one of 'America’s Longest-Serving CEOs' and a recipient of the Horatio Alger Award.

Major Business Ventures and Investments


Alan Miller's fortune and influence are derived from the growth and stability of the multi-billion dollar healthcare ecosystem he built, a model recognized globally for efficiency and profitability.

  • Universal Health Services, Inc. (UHS): Founder and Executive Chairman of the Board. A Fortune 300 company with over 400 facilities across 39 U.S. states, Washington D.C., Puerto Rico, and the United Kingdom. The company's revenues exceed '$14.3 billion'. UHS is split between its Acute Care division and its massive Behavioral Health division (300 facilities).
  • Universal Health Realty Income Trust (UHT): Founder, Chairman, and CEO. This is a Real Estate Investment Trust (REIT) founded in 1986 to secure funding for UHS properties and primarily invests in medical office buildings.
  • Patriot Support Program: A major specialized service within UHS providing critical behavioral healthcare for active duty military, veterans, and their families.

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Philanthropy and Social Impact


Alan Miller’s philanthropy is both institutional and personal, deeply prioritizing education, entrepreneurship, and supporting the U.S. military community. His charitable philosophy is rooted in the belief that the American Dream means 'what you contemplate or imagine you can make happen'.

  • College of William & Mary (Alma Mater): He is a major benefactor, with the Alan B. Miller Hall (Business School) and the Alan B. Miller Entrepreneurship Center named in his honor.
  • Military & Veterans Support: His commitment is exemplified by the highly respected Patriot Support Program at UHS, which has earned him high civilian honors. The company even named a hospital in Alaska after 'Chris Kyle' (the American Sniper) for veterans' care.
  • Arts and Culture: He has served as Chairman Emeritus of the Opera Company of Philadelphia and a director for the Philadelphia Regional Performing Arts Center.

Fashion, Style, and Lifestyle


Alan Miller’s lifestyle reflects the stature of a long-tenured, powerful American business leader, defined by discipline, stability, and high-level engagement in civic life. His status symbols are enduring, blue-chip assets—such as his controlling stake in a Fortune 300 company—and the physical embodiment of his philanthropy.

His personal style is consistently formal and classic, prioritizing credibility over flash. He is based in the Philadelphia area, close to his company's headquarters and his academic and artistic board commitments. His greatest life ambition has been to provide 'superior quality healthcare services,' a mission that guides his wealth utilization, culminating in the opening of facilities like the Alan B. Miller Medical Center in Palm Beach Gardens, Florida. This dedication to building lasting, physical healthcare infrastructure is the ultimate expression of his legacy.

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Quotes and Philosophy


“I believe that healthcare is the highest calling.”

“The bottom line is that we cannot sit idle as unparalleled rules and regulations significantly restrict our rights and ability to care for our families.”

“It takes a lifetime of doing the right thing to build a good reputation, but it can vanish quickly, so it needs to be guarded carefully.”

Fun Facts & Trivia


  • He was a New York City high school basketball champion before a car accident ended his college sports career.
  • He founded UHS after losing his first company, American Medicorp, in a hostile takeover.
  • UHS was recognized by The Wall Street Journal for having the 'highest return to shareholders' (3,715% from 1995) among all healthcare providers.
  • He was named one of 'America’s Most Innovative Leaders' by Forbes.
  • He developed a specialized Real Estate Investment Trust (REIT), UHT, specifically to bypass early financial skepticism toward 'for-profit' hospitals.
  • He is a recipient of the Ellis Island Medal of Honor for his 'exceptional humanitarian efforts'.
  • His companies operate over 300 behavioral health facilities across the U.S. and U.K., emphasizing the often-underserved mental health sector.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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