Leonard Abramson, founder of U.S. Healthcare and prolific philanthropist, has died at 93

Leonard Abramson, 93, of Jupiter, Fla., a former pharmacist, founder, chair, and chief executive officer of U.S. Healthcare Inc., author, trustee emeritus at Johns Hopkins University, and one of the world’s most generous cancer research and clinical care philanthropists, died Saturday, July 4, of age-associated decline at his home in Blue Bell, Montgomery County.

Born and reared in the Strawberry Mansion section of Philadelphia, Mr. Abramson earned degrees at Pennsylvania State University and the old Philadelphia College of Pharmacy. He worked as a pharmaceutical salesperson, pharmacist, and hospital management executive in the 1960s, founded U.S. Healthcare in 1975, and nurtured the company into one of the country’s first and largest health maintenance organizations.

“Abramson accurately predicted the need for prepaid medical plans to manage spiraling medical spending in the ’60s and ’70s and founded U. S. Healthcare to capitalize on this opportunity,” officials at Harvard Business School said when it named him one of their Great American Business Leaders of the 20th Century.

Under Mr. Abramson, U.S. Healthcare was known for promoting childhood immunizations, mammograms for older women, reduced fees to specialists, and shorter hospital stays. He championed strict standards and accountability for medical professionals, and criticized those who abused a healthcare system then rife with loopholes.

He wrote Healing Our Health Care System in 1990, and told The Inquirer: “If industry leaders know there are solutions, they’re going to call for them. Innovation leads to emulation.” In 1996, he sold U.S. Healthcare to Aetna Life and Casualty Co. for $8.9 billion, established the Abramson Group, and consulted for Aetna and other companies.

“He was a brilliant man whose leadership and vision made the company truly exceptional,” a former colleague at U.S. Healthcare said in a tribute. Another said: “He encouraged a commitment to customer service that stayed with me throughout my career.”

Routinely one of the highest-paid CEOs in the Philadelphia region, Mr. Abramson was a “low-profile, soft-spoken executive who rarely raised his voice in public,” Inquirer business writer Peter Binzen said in 1990. A former colleague at U.S. Healthcare said: “I never worked for a better man.”

As a philanthropist, Mr. Abramson and his wife, Madlyn, established the Leonard and Madlyn Abramson Family Foundation in 1996 and donated more than $140 million to the University of Pennsylvania’s Perelman School of Medicine and the Penn Medicine network. In 2002, Penn Medicine renamed its main cancer facility in University City the Abramson Cancer Center.

In a tribute, officials at Penn said he “touched countless lives across the world through his generosity, compassion, and leadership.”

Mr. Abramson and his wife also funded the Madlyn and Leonard Abramson Professorship in Clinical Oncology at Perelman, the Abramson Family Cancer Research Institute, the Abramson Family Professorship in Sarcoma Care Excellence, and the Abramson Family Professorship in Anesthesiology.

At Children’s Hospital of Philadelphia, they supported the Leonard and Madlyn Abramson Pediatric Research Center and a pediatric emergency department at CHOP’s hospital in King of Prussia. In 2013, they donated $10 million to fund scholarships at the Temple University dental school.

They also financed the Madlyn and Leonard Abramson Center for Jewish Life senior living center in North Wales, Abramson Senior Care in Jenkintown, the Abramson Senior Care Foundation, and other groups. At Johns Hopkins University in Baltimore, they endowed a professorship in neurodegenerative diseases.

Mr. Abramson’s wife, a cancer survivor, died in 2020, and he donated $10 million in 2021 to establish an endowed chair of cardiac surgery in her honor at Jupiter Medical Center in Florida. He was an honorary trustee for the Brookings Institution, trustee emeritus for Johns Hopkins, board member for many organizations, and a supporter of Project Home for affordable housing.

Friends and former colleagues called him a “caring humanitarian,” “a class act,” and “a visionary” in online tributes. One longtime friend said: “Leonard’s kindness and generosity made a difference in the lives of countless individuals.”

» READ MORE: Madlyn K. Abramson, whose philanthropy helped cancer patients, seniors, and educational institutions, has died at 84

Leonard Abramson was born Nov. 12, 1932. He graduated from Northeast High School and drove a cab to help pay his way through pharmacy school.

“Not too many people started off with less than I did,” he told Forbes magazine in 1994.

He met Madlyn Kornberg in college through a mutual friend, and they married in 1957. They had daughters Marcy, Nancy, and Judy, and lived in Blue Bell, Jupiter, Fla., and Camden, Maine.

Mr. Abramson enjoyed boating, golf, and painting. “He was multifaceted,” his daughter Judy said. His daughter Nancy said: “He was extremely family oriented.”

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He told The Inquirer in 1990: “I’ll never retire.” He never really did.

In addition to his daughters, Mr. Abramson is survived by nine grandchildren, two great grandchildren, and other relatives.

A memorial service is to be held later.

Donations in his name may be made to the Abramson Cancer Center at the Hospital at the University of Pennsylvania, 3535 Market St., Suite 750, Philadelphia, Pa. 19104, and Philly Fights Cancer, Box 9, Wynnewood, Pa. 19096.