Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Universal Health Services Inc. founder sees potential for hospital growth

Philadelphia Inquirer, September 29, 2008

Alan B. Miller got into the hospital business in the Philadelphia area in 1969 after a friend asked him to join a new hospital company, American Medicorp. The day after that company was purchased in a hostile takeover in 1978, Miller started Universal Health Services Inc., with a similar philosophy of operating hospitals in fast-growing areas. Last year, its revenue was $4.7 billion, and Miller calls his company's recent performance "spectacular." UHS has 25 acute-care hospitals and 107 behavior health hospitals.