HEALTHCARE REFORM THAT MAKES SENSE: A Detailed Plan to Improve America's Healtcare System, from the Country's Leading Healthcare CEO

by Alan B. Miller

Healthcare
$14.95
5.5 x 8.5 ", 160 pages, trade paper
Publication date: October 2010


 

 

The intricacies and issues surrounding the health care reform debate are the specialty of Alan B. Miller, Founder, CEO and Chairman of Universal Health Services, Inc., an industry leader operating 138 private hospitals in the United States and Puerto Rico.

Mr. Miller, who has also operated hospitals in the United Kingdom and France, celebrates America’s world-class health care system, addresses inefficiencies and offers sound solutions. Miller systematically debunks the purported 45.7 million uninsured offering that the actual statistic falls between 13 to 16 million, a realistic goal. He dissects what’s financially wrong with Medicare and Medicaid; he explains the negative impacts of a single payer system; he tackles the uninsured immigration issue; and places a spotlight on malpractice tort reform and the inadequacies within the insurance industry. If these issues were addressed, Miller contends, the government could save the majority of the $1 trillion dollars earmarked for health care reform.

In Reform that Makes Sense, Miller puts politics and punditry aside and simply lays out the facts. He approaches it in medical terms; diagnosis and remedy. For Miller, the answers to the nation’s health care problems are found within the private sector, not a sprawling bureaucracy. The book interweaves anecdotes from Miller’s life as well as lessons from the nation’s forefathers. A Brooklyn, New York native from a working-class family, Miller is uniquely positioned to provide the average American with detailed knowledge on an otherwise overwhelming and subjective issue: health care reform.


About the Author


Alan B. Miller is Chairman and CEO of Universal Health Services, Inc. (NYSE – “UHS”) which he founded in 1978.  UHS, a Fortune 500 company, is one of the largest hospital management companies in the nation.  It owns and operates 132 facilities in 32 states, D.C. and Puerto Rico.  Net revenues of the Company are in excess of $5 billion annually.  He also serves as Chairman of the Board, CEO and President of Universal Health Realty Income Trust (NYSE – “UHT”).  UHT is a REIT that he founded that currently has 48 investments located in 15 states.  Prior to founding UHS Mr. Miller was Chairman and CEO of American Medicorp Inc. (NYSE), a pioneering hospital management company.

Both Fortune Magazine and The Wall Street Journal noted Universal Health Services as having the highest return to shareholders (38%) of all health care providers for the 10 year period 1990-2000.  For the period 1992-2002, UHS also led the category at 29%.  Currently UHS enjoys the highest credit rating in the industry.

Mr. Miller was named Entrepreneur of the Year in 1991 and Financial World named him CEO of the Year in hospital management.  He was also named as one of the 100 most influential people in healthcare the last 5 years – 2004-2008.  In 1992 he was awarded an Honorary Doctorate from the University of South Carolina and received the George Washington University President’s Medal in 2002.  He also received the Chairman’s Award from the United Negro College Fund, the Americanism Award of ADL and the Ellis Island Medal of Honor.  In 1999 he was presented with the first Lifetime Achievement award of the Federation of American Hospitals, who honored him for his many years of industry leadership.

He is a Trustee of the Penn Mutual Life Insurance Company, a Director of the Philadelphia Regional Performing Arts Center (Kimmel) and Chairman Emeritus of the Opera Company of Philadelphia.

At graduation from the College of William and Mary in Virginia he was commissioned in the U.S. Army and served in the 77th Infantry Division retiring with the rank of Captain.  He served as a trustee of the William and Mary Endowment Fund, and is a life member of the school’s President’s Council. He has received high honors from the College, including the William & Mary Alumni Medallion, the College’s highest alumni award in 1999; and the Clarke Medallion, the highest honor presented by the Business School, in 2007.  The William and Mary School of Business relocated to the newly constructed Alan B. Miller Hall in 2009.

Mr. Miller earned his MBA degree from the Wharton School of the University of Pennsylvania.  He served on the Executive Board and the Board of Overseers.

He and his wife Jill have three children, two daughters and a son, Marc, who also earned his MBA at The Wharton School, and is the President of Universal Health Services.










 

 

Alan B. Miller, S&R Executive Editor Rachel Trusheim, S&R Editor W.B. King. Philadelphia 2009.