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Universal Health Services CEO Stepping Down in January 2021

Analysis  |  By Melanie Blackman  
   September 08, 2020

Founder Alan B. Miller will be succeeded by current UHS President Marc D. Miller.

Alan B. Miller, the founder and CEO of Universal Health Services, Inc. (UHS) will step down as CEO in January 2021, according to a press release Tuesday. This announcement is "consistent with [UHS'] longstanding succession plan," according to the release.

Current UHS President Marc D. Miller will serve as UHS CEO effective January 2021. He currently serves on the UHS board of directors and serves on the executive and finance committees.

Alan B. Miller will continue to serve as executive chairman of the board of directors, according to the release. He will also continue to serve as president and CEO of Universal Health Realty Income Trust, another entity he helped found.

Miller founded UHS in 1979 and oversaw the growth of the organization from six employees to 90,000 employees. The healthcare organization currently serves 37 states; Washington, D.C.; Puerto Rico; and the United Kingdom through 26 acute care hospitals; and numerous behavioral health, outpatient, and ambulatory care facilities; a physician network; and insurance company.

In 2020, he was recognized by Fox Business as the second longest-serving CEO in the U.S.

"Over the past four decades, we have worked hard to deliver upon our mission, care for patients in the most effective manner, grow strategically and seek opportunities," Alan B. Miller said in a statement. "I am personally quite proud of the care we have delivered to millions of individuals, and I am grateful for the team of dedicated professionals at UHS who have given so much to so many. I look forward with great optimism and am confident UHS will continue to thrive and grow."

"UHS' reputation as a financially stable, innovative and award-winning healthcare company will continue," said incoming CEO Marc D. Miller. "Our leadership team is fully engaged and well-positioned to continue to deliver solid performance, achieve strategic growth and expansion, and deliver superior care to patients. We will uphold the admirable reputation of UHS in the future as we continuously evolve and continue to earn the confidence of the communities we serve as a trusted healthcare partner."

Related: UHS Net Revenues Fell 4.4% in Q2, Company Received More Than $200M in Stimulus Funding

Related: Universal Health Services to Donate Executive Pay to Employee Financial Assistance Program

Melanie Blackman is a contributing editor for strategy, marketing, and human resources at HealthLeaders, an HCPro brand.

Photo credit: Pictured from left to right: Alan B. Miller, Founder and current CEO of UHS; Marc D. Miller, current president of UHS. Photos courtesy of Universal Health Services, Inc.


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