Early Life
Alan B. Miller was born on August 17, 1937, in Brooklyn, New York City. His father owned a dry cleaning store, and his mother worked for a millinery company. Miller excelled in basketball during his high school years, winning a New York City championship in 1954. He received a full scholarship to the University of Utah and later graduated from the College of William and Mary. He earned an MBA from The Wharton School of the University of Pennsylvania.
Rise to Success
Miller's career trajectory shifted from advertising to healthcare. In 1969, he founded American Medicorp. 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. Undeterred, Miller founded Universal Health Services, Inc. (UHS) in 1979. Under Miller's leadership, UHS transformed from a startup with six employees and zero revenue into a Fortune 300 healthcare corporation. He stepped down as CEO in September 2020.
Key Business Strategies
UHS's success is attributed to a combination of strategic acquisitions, establishment of new hospitals in key growth markets, and replacing facilities previously owned by other less successful operators. UHS has a broad portfolio comprising hospital-based care, ambulatory care, behavioral health, an insurance offering, a physician network and various related services. The company's mission is delivering superior care to patients.
Philanthropy
Alan Miller is known for his philanthropic efforts and has made significant contributions to various charitable organizations, including the Patriot Support Program, which provides behavioral healthcare for active duty military, veterans, and their families.