Alan B. Miller to Retain Chairman and CEO Positions
Michael Marquez Named President of the Acute Care Division
KING OF PRUSSIA, Pa., May 20 /PRNewswire-FirstCall/ -- The Board of
Directors of Universal Health Services (NYSE: UHS), one of the nation's
largest hospital companies, today announced the election of Marc Miller as
President of the company.
Marc Miller is the son of Universal Health Service's Chairman and Chief
Executive, Alan Miller, who previously held the title of President as well.
Marc Miller joined UHS in 1995 and has served as Co-Head of the Company's
Acute Care Division since 2007. The Acute Care Division generates $4.0
billion in revenues, which accounts for 75% of the company's total revenues.
The division comprises 26 Acute Care hospitals, 5,400 beds and 22,149
employees nationwide.
"We have an exceptional management team," said Chairman and Chief
Executive Officer, Alan Miller, "and this team is responsible for our
consistent record of growth over these past three decades. Marc's experience
in helping to successfully grow our Acute Care Division for the past six
years, and as a member of our Board of Directors, has laid a solid foundation
for him to assume the added responsibilities of President of UHS."
Marc had previously served as Vice President of the Eastern Region of the
Acute Care Division since 2003. His extensive hospital operating experience
began as Assistant Administrator at George Washington University Hospital, COO
of Wellington Regional Medical Center in Florida and CEO/Managing Director of
Central Montgomery Medical Center in Pennsylvania. Marc, 39, is a graduate of
the University of Vermont and holds an MBA from The Wharton School, University
of Pennsylvania.
"UHS has built an outstanding company and I am committed to continuing our
record of being the industry leader," said Marc Miller. "I am very proud of
UHS's management team, its dedication, integrity, tenure of service and
commitment to world class care to the communities we serve. I believe that
UHS will continue to set the industry standard for years to come and that will
be my focus."
The Board of Directors also announced that Michael Marquez has been named
the President of the Acute Care Division. Mr. Marquez has served for the last
two years as Co-Head of the Acute Care Division with Marc Miller. He has been
with the company for 20 years.
Prior to his current position Mike served as Vice President of the Acute
Care Division's highly profitable Western Region for seven years. Prior to
that he was CEO/Managing Director of Manatee Memorial Hospital. Mike was also
CEO/Managing Director of Wellington Regional Medical Center, both Florida
facilities.
He holds a Bachelor of Science Degree in Business Administration from
Florida International University and a Masters Degree in Business
Administration from Nova/Southeastern University. Mike is a Fellow of the
American College of Healthcare Executives.
"Mike has been an invaluable part of the team. We have worked closely
together and I'm confident that under his leadership the Acute Care Division
will continue to drive UHS's growth," said Marc Miller.
Universal Health Services, Inc. is one of the nation's largest hospital
companies, operating, through its subsidiaries, acute care and behavioral
health hospitals, and ambulatory centers nationwide and in Puerto Rico.
For additional information on the Company, visit our website;
http://www.uhsinc.com.
SOURCE Universal Health Services
-0- 05/20/2009
/CONTACT: Steve Filton, Chief Financial Officer of Universal Health
Services, +1-610-768-3300/
/Web Site: http://www.uhsinc.com /
(UHS)
CO: Universal Health Services
ST: Pennsylvania
IN: HEA
SU: PER
PR
-- PH20610 --
4410 05/20/200917:01 EDThttp://www.prnewswire.com