Board Dossier

Marc D. Miller

President & CEO, Universal Health Services · FAH Immediate Past Chair · FAH Chair 2025

High
$122M False Claims Act settlement (2020)
87.4% Miller family voting control
309:1 CEO-to-median worker pay ratio (2021)
$15.8B FY2024 net revenues
01 ORGANIZATION

Role and Organization

Universal Health Services operates 335 behavioral health facilities and 27 acute care hospitals across the United States, United Kingdom, and Puerto Rico.

Metric Value
Acute Care Hospitals27
Behavioral Health Facilities335+
Total Facilities400+
Employees89,000+
Revenue FY2024~$15.8B
NYSEUHS
FAH RoleImmediate Past Chair
FAH Chair Year2025
02 GOVERNANCE

Governance

The Miller family controls 90.1% of shareholder votes despite owning a minority of total equity. The NYC Comptroller described it as insiders having total control despite owning just a small fraction.

Individual Role Voting Power
Alan B. Miller Executive Chairman (founder) 87.4%
Marc D. Miller President and CEO 2.7%
Combined family ~90.1%
Governance note: Marc D. Miller succeeded his father Alan B. Miller as CEO on January 1, 2021. Alan remains Executive Chairman. Marc has served on the UHS board since 2006 and joined the company in 2004. UHS maintains a dual-class stock structure that insulates management from shareholder activism or hostile takeovers.
Cross-board positions: Marc Miller also served on the board of Premier Inc. (NASDAQ: PINC) from 2015–2025 — the dominant healthcare group purchasing organization. He sits on the board of Universal Health Realty Income Trust (NYSE: UHT), a REIT holding 76 properties in 21 states.
03 FRAUD HISTORY

Fraud and Legal History

On July 10, 2020, UHS paid $122 million to settle False Claims Act allegations covering conduct from 2006 to 2018.

Detail Value
DateJuly 10, 2020
Amount$122 million
Federal share$117M (medically unnecessary services)
Additional settlement$5M (Turning Point — improper inducements to federal healthcare beneficiaries)
DOJ allegationsAdmitted patients who did not meet medical necessity criteria; failed to discharge patients when no longer requiring inpatient care; failed to provide adequate staffing; improperly used physical and chemical restraints and seclusion (2006–2018)
Corporate Integrity AgreementFive-year CIA with HHS OIG; independent monitor required; annual Independent Review Organization reviews
04 SENATE FINDINGS

Senate Findings

In 2024, the Senate Finance Committee published a report on UHS behavioral health facilities titled Warehouses of Neglect.

“Reports of physical and sexual abuse of patients, inadequate staffing levels, and over-reliance on chemical and physical restraints.”

— Senate Finance Committee, Warehouses of Neglect, 2024

Facilities Named in Senate Report

BuzzFeed Investigation (2016)

175+ current and former UHS staff interviewed. Allegations of patients held in psychiatric facilities until insurance ran out. FBI, DOD, and HHS opened investigations. UHS stock dropped $2.4 billion in one week.

05 COMPENSATION

Compensation

Miller earned $14.4 million in 2023. The CEO-to-median worker ratio: 204 to 1.

Year Total Compensation CEO-to-Median
2023 $14,407,937 204:1
2021 First year as CEO 309:1

Compensation Components (2023)

Component Amount
Base salary$1,352,052
Stock awards$4,944,124
Option awards$4,944,434
Non-equity incentive$3,042,117
Country club dues$14,574
Auto allowance$13,250
Sporting event tickets$3,817
06 POLITICAL ACTIVITY

Political Activity

Miller contributes annually to the FAH PAC and has historically supported Republican presidential candidates.

Recipient Amount Year
FAH PAC $1,000 annually 2016, 2018, 2022
Mitt Romney $10,000 2012
John McCain $500 2008

Sources