Billionaire Profile
Alan Miller & family
Global Rank
#1581

Image: Public domain | via Wikimedia Commons

Alan Miller & family

CEO, Universal Health Services
US
Real-Time Net Worth
$2.5B
As of December 2025
Age
88
Source
Healthcare services
Industry
healthcare
Citizenship
US

Biography

Alan B. Miller, born in 1937, is an American businessman renowned for founding Universal Health Services (UHS). With an estimated net worth of $2.5 billion, Miller's primary source of wealth stems from his contributions to healthcare services. His career began after earning an MBA from The Wharton School, where he shifted from advertising to healthcare. Miller transformed UHS from a startup into a Fortune 300 company, with over 400 facilities and 94,000 employees, generating annual revenues exceeding $14 billion. His dedication to transforming healthcare delivery and management has earned him numerous accolades and recognition as one of the most influential figures in the healthcare industry. Alan stepped down as CEO in 2021, and his son Marc Miller now runs the company.

Wealth Over Time

In-Depth Profile

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.

Career Milestones

1969

Founded American Medicorp

Founded American Medicorp, a company that built privately owned hospitals in high growth areas.

1973

CEO of American Medicorp

Became CEO of American Medicorp.

1979

Founded Universal Health Services (UHS)

Founded Universal Health Services, Inc.

2020

Stepped Down as CEO of UHS

Alan Miller stepped down as CEO of Universal Health Services.

Philanthropy & Social Impact

Healthcare

Patriot Support Program

Undisclosed

Provides behavioral healthcare for active duty military, veterans and their families

Business Philosophy & Leadership

Notable Quotes

"“Our mission is making people well.”"

"“They have served us, now it is our opportunity to serve them.”"

"“We adjusted the sails early on in this pandemic. We will keep adjusting to harness the winds, care for our patients and serve our communities.”"

Leadership Principles

Patient-centered care

Focusing on delivering superior care to patients.

Hard work and perseverance

Emphasis on hard work, determination, and perseverance.

Integrity and reliability

Maintaining integrity and reliability in all ventures.