Chairman and CEO of Universal Health Services, Inc
Alan B. Miller is Chairman and CEO of Universal Health Services, Inc., which he founded in 1978. UHS is a Fortune 500 company, ranked 324th in 2014, and one of the largest and most respected hospital management companies in the nation. It owns and operates facilities in 37 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands, with annual net revenues in excess of $8 billion.
Mr. Miller also serves as Chairman of the Board, CEO and President of Universal Health Realty Income Trust (NYSE – “UHT”), a REIT he founded. Prior to founding UHS, Mr. Miller was Chairman and CEO of American Medicorp Inc., a pioneering hospital management company.
Mr. Miller has received numerous awards for his business and charitable activities. He was named Entrepreneur of the Year in 1991 by Ernst & Young, Inc. and Merrill Lynch and Financial World named him CEO of the Year in hospital management. He also has been named by Modern Healthcare as one of the “100 Most Influential People in Healthcare” for the last 12 years: 2003-2014. In 1992 he was awarded an Honorary Doctorate from the University of South Carolina and received The George Washington University President’s Medal in 2002. He received the Chairman’s Award from the United Negro College Fund, the Americanism Award of ADL and the Ellis Island Medal of Honor. In 1999 he was presented with the first Lifetime Achievement Award of the Federation of American Hospitals, honoring him for his many years of industry leadership.
Both Fortune magazine and The Wall Street Journal recognized UHS for having the highest return to shareholders (38%) of all healthcare providers for the 10-year period 1990-2000. For the period 1992-2002, UHS also led the category at 29%.
Mr. Miller is a Trustee of the Penn Mutual Life Insurance Company, a Director of the Philadelphia Regional Performing Arts Center (the Kimmel Center) and Chairman Emeritus of the Opera Company of Philadelphia.
At graduation of William & Mary in Virginia, he was commissioned into the U.S. Army and served in the 77th Infantry Division, retiring with the rank of Captain. He served as a trustee of the William & Mary Endowment Fund and is a life member of the school’s President’s Council. He has received high honors from the college, including the William & Mary Alumni Medallion, the college’s highest alumni award in 1999; and the Clarke Medallion, the highest honor presented by the Business School, in 2007. The college’s School of Business relocated to the newly constructed Alan B. Miller Hall in 2009, and the Alan B. Miller Entrepreneurship Center opened in 2010. Mr. Miller also is a Horatio Alger award recipient and a member of the national Business Roundtable.
Mr. Miller earned his MBA degree from the Wharton School of the University of Pennsylvania. He served on the Board of Overseers and on the school’s Executive Board.
He and his wife, Jill, have two daughters and a son, Marc, who also earned his MBA at The Wharton School, and is President of Universal Health Services, Inc.