Alan Miller & family

Alan Miller & family

$1.73 B

Ranked #2321 in World

About Alan Miller & family

Alan B. Miller, the American entrepreneur behind Universal Health Services (UHS), has significantly impacted the healthcare industry. Born on August 17, 1937, in Brooklyn, New York, Miller's journey from a high school basketball champion to a revered business leader encapsulates a remarkable transition. After earning his MBA from The Wharton School, Miller's career trajectory shifted from advertising to healthcare, founding UHS in 1979. Under his leadership, UHS grew into a Fortune 500 powerhouse with over 400 facilities and 94,000 employees, generating annual revenues north of $13.4 billion. Miller, who stepped down as CEO in September 2020, has received numerous accolades including the Lifetime Achievement Award from the Federation of American Hospitals and continuous recognition in Modern Healthcare magazine's "100 Most Powerful People in Healthcare" since 2003. His legacy extends beyond business achievements, embodying a steadfast dedication to transforming healthcare delivery and management.

Born

August 17, 1937 in Brooklyn, New York City, U.S.

Age

88 years

Source Of Wealth

Healthcare Services

Industries

Healthcare

Citizenship

United States

Residence

Lower Merion, Pennsylvania

Education

Bachelor of Arts/Economics, College of William & Mary; Master of Business Administration, The Wharton School of the University of Pennsylvania

Alan B. Miller, an American businessman and founder of Universal Health Services (UHS), was born on August 17, 1937, in Brooklyn, New York City. His father owned a dry cleaner store, while his mother worked for a millinery company. Miller excelled in basketball during his high school years and even won a New York City championship in 1954.

Alan Miller & family: Family

Information about Alan B. Miller's family is limited. He was born into a working-class family in Brooklyn, New York City. His father owned a dry cleaner store, and his mother worked for a millinery company. Miller has not publicly shared much information about his siblings or other family members.

Alan Miller & family: Career Highlights

Miller's career journey began in advertising at Young & Rubicam in New York. He played a pivotal role in developing one of the first nationally syndicated television programs, "Cooking With Graham Kerr." However, he decided to leave advertising and venture into the healthcare industry. In 1969, he founded American Medicorp, a company that built privately owned hospitals in high growth areas. Miller became the CEO of American Medicorp in 1973 and successfully engineered a turnaround.

In 1978, American Medicorp became the target of a hostile takeover by Humana. Miller fought against the takeover but ultimately lost. Undeterred, he founded Universal Health Services, Inc. (UHS) in 1979. Under Miller's leadership, UHS transformed from a start-up with six employees and zero revenue to a Fortune 500 healthcare corporation. Today, UHS owns over 400 acute care hospitals, behavioral health facilities, and ambulatory units, employing over 94,000 individuals and generating annual revenues exceeding $13.4 billion.

Alan Miller & family: Companies

Alan B. Miller is primarily known for his contributions to the healthcare industry. He founded two notable companies:

  • American Medicorp: Founded in 1969, American Medicorp focused on building privately owned hospitals in high growth areas.

    Miller served as the CEO and successfully engineered a turnaround before the company became the target of a hostile takeover.

  • Universal Health Services, Inc. (UHS): Founded in 1979 after Miller lost control of American Medicorp, UHS has grown into a Fortune 500 healthcare corporation. Under Miller's leadership, UHS expanded to include over 400 acute care hospitals, behavioral health facilities, and ambulatory units, employing over 94,000 individuals.

Alan Miller & family: Major Achievements

Miller's major achievements include:

  • Transforming UHS from a start-up to a Fortune 500 healthcare corporation.
  • Building UHS into one of the largest healthcare providers in the United States.
  • Leading UHS through a period of rapid growth and expansion.
  • Developing innovative healthcare delivery models and services.
  • Making significant contributions to the healthcare industry and society as a whole.

Alan Miller & family: Awards & Achievements

Miller has received numerous awards and recognitions for his contributions to the healthcare industry and society. Some of his notable awards include:

  • Lifetime Achievement Award from the Federation of American Hospitals (1999).
  • Master Entrepreneur of the Year (1991).
  • Ellis Island Medal of Honor (1992).
  • William & Mary Medallion (1999).
  • Horatio Alger Award from the Horatio Alger Association (2010).
  • Listed in Modern Healthcare magazine's "100 Most Powerful People in Healthcare" for 17 consecutive years since 2003.

Alan Miller & family: Personal Life & Legacy

Information about Alan B. Miller's personal life is limited. He is married and has children, but their names and other details have not been publicly disclosed. Miller is known for his philanthropic efforts and has made significant contributions to various charitable organizations. He is also actively involved in supporting educational institutions and healthcare initiatives.

Alan Miller & family: Trivia

  • Miller played basketball in high school and won a New York City championship in 1954.
  • He received a full scholarship to the University of Utah but later graduated from the College of William and Mary.
  • Miller earned an MBA from The Wharton School.
  • He served in the U.S. Army Reserve Officers' Training Corps (ROTC), was commissioned as a captain, and served in the 77th Infantry Division.
  • Miller is an avid golfer and enjoys spending time with his family.

Wealth History

Timeline

August 17, 1937

Alan B. Miller is born in Brooklyn, New York City.

1954

Miller wins a New York City basketball championship in high school.

N/A

Miller receives a full scholarship to the University of Utah, later graduates from the College of William and Mary.

N/A

Miller earns an MBA from The Wharton School.

N/A

Miller joins U.S. Army Reserve Officers' Training Corps (ROTC), commissioned as captain, serves in 77th Infantry Division.

N/A

Miller starts career in advertising at Young & Rubicam in New York.

N/A

Miller is instrumental in developing one of the first nationally syndicated television programs, "Cooking With Graham Kerr."

1969

Miller leaves advertising to start American Medicorp, builds privately owned hospitals in high growth areas.

1973

Miller becomes CEO of American Medicorp, engineers a turnaround.

1978

American Medicorp becomes target of hostile takeover by Humana, Miller fights but ultimately loses.

1979

Miller founds Universal Health Services, Inc. (UHS) after losing American Medicorp.

N/A

Miller transforms UHS from a start-up with six employees and zero revenue to a Fortune 500 healthcare corporation.

N/A

Miller serves on boards of directors of The Penn Mutual Life Insurance Company and Broadlane.

September 2020

Miller steps down as CEO of UHS, consistent with the company's succession plan.

1999

Miller receives Lifetime Achievement Award from the Federation of American Hospitals.

1978

Miller receives FAHS Award for leadership.

1991

Miller is named Master Entrepreneur of the Year.

1992

Miller receives Honorary Doctorate from the University of South Carolina.

1992

Miller receives Ellis Island Medal of Honor.

N/A

Miller receives Americanism Award from the Anti-Defamation League.

1999

Miller receives William & Mary Medallion.

2007

Miller receives T.C. and Elizabeth Clarke Business medallion from the College of William and Mary.

2002

Miller receives George Washington University President's Medal.

N/A

Miller receives Chairman's Award from the United Negro College Fund.

2010

Miller receives Horatio Alger Award from the Horatio Alger Association.

2019

Miller receives Distinguished Citizen Award from the Freedoms Foundation of Valley Forge, Pa.

2019

Miller receives Distinguished Civilian Award from the Ben Franklin Global Forum.

N/A

Miller is listed in Modern Healthcare magazine's "100 Most Powerful People in Healthcare" for 17 consecutive years since 2003.

1995, 1996

Miller is listed among the Outstanding 1000 CEOs by Financial World magazine.

2014

Miller receives Innovator Award, Healthcare CEO of the Year by Philadelphia Business Journal.

2015

Miller is named to Wall Street Journal's "America's Longest-Serving CEO's".

2015

Miller is named among CR Magazine's 2015 Responsible CEOs of the Year.

2019

Miller is named to Forbes "America's Most Innovative Leaders" ranking (#95).

2019

Miller is named to Philadelphia Business Journal 2019 Most Admired CEOs list.

2019

Miller is named to Fox Business list of 10 military veterans who became CEOs of Fortune 500 companies.

2020

Miller is highlighted in Wall Street Journal article: New Thinking Emerges on Optimal Tenure for a CEO.

2020

Miller is named to the longest living CEOs globally in the S&P 500 by International Business Times.

Alan Miller & family : FAQs

What is Alan Miller's current net worth?

Alan Miller's current net worth is $1.73 billion.

What is Alan Miller's current global rank among billionaires?

Alan Miller holds the 2321st position globally among billionaires.

What is Alan Miller's current ranking within the United States?

Alan Miller holds the 739th position in United States.

What was the change in Alan Miller's net worth compared to the previous year?

Alan Miller's net worth decreased by 498.8 million dollars compared to the previous year 2025, when his net worth was 2.23 billion dollars.

What is the recent change in Alan Miller's net worth?

Alan Miller's net worth decreased by 32.39 million dollars recently, a 1.87% decrease, with his net worth standing at 1.73 billion dollars.

What are Alan Miller's main sources of wealth?

Alan Miller's main source of income comes from Healthcare Services.

In which industry does Alan Miller primarily operate?

Alan Miller is primarily involved in the Healthcare industry.

What is Alan Miller educational background?

Alan Miller holds a Bachelor of Arts/Economics from College of William & Mary and a Master of Business Administration from The Wharton School of the University of Pennsylvania.

How old is Alan Miller?

Alan Miller is 88 years old.

How many children does Alan Miller have?

Alan Miller has 3 children.

Who is Alan B. Miller and what did he found?

Alan B. Miller is an American businessman known for founding Universal Health Services (UHS), a prominent healthcare corporation.

What is Alan B. Miller's connection to the University of Utah and the College of William and Mary?

Alan B. Miller received a full scholarship to the University of Utah and later graduated from the College of William and Mary, furthering his education with an MBA from The Wharton School.

How did Alan B. Miller contribute to the growth of Universal Health Services (UHS)?

Alan B. Miller transformed UHS from a startup with six employees and zero revenue into a Fortune 500 healthcare corporation, owning over 400 facilities and generating annual revenues exceeding $13.4 billion.

What are some of Alan B. Miller's major awards and recognitions?

Alan B. Miller has received numerous awards, including the Lifetime Achievement Award from the Federation of American Hospitals, the Master Entrepreneur of the Year, and the Ellis Island Medal of Honor.

What significant career milestones did Alan B. Miller achieve as CEO of UHS?

Alan B. Miller was named among CR Magazine's 2015 Responsible CEOs of the Year, listed in Forbes 'America's Most Innovative Leaders,' and highlighted for his tenure as one of 'America's Longest-Serving CEOs' by the Wall Street Journal.
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