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COVENTRY HEALTH CARE INC. Bethesda, Maryland Back Roads Suit Health Care Provider Just Fine.(THE NEW AMERICA)
Byline: MARILYN ALVA
Like people, some companies strike out for the big city, happy they're not in Kansas anymore.
Others, like Coventry Health Care Inc., prefer locales with a less frenzied pace. Nebraska, Iowa, West Virginia and, yes, Kansas suit Coventry just fine.
"We look for markets where the competitive environment is such that we can do well," said Dale Wolf, the firm's chief financial officer. "That's most likely to occur in second-tier cities."
Coventry itself is a second-tier player in managed health care. It operates local health plans in the crowded tier below big insurers such as Aetna Inc., Cigna Corp. and UnitedHealth Group Inc.
Over the past five years, Coventry has grown mostly through acquisitions. It now boasts more than 1.8 million members. In the last two years alone, it's bought about a dozen local health plans, adding 500,000 enrollees.
Most important, some say, is what Coventry officials have done with those plans.
- Coventry Health Care Subsidiaries to Begin Using Coventry Brand.
- Press release article from: Business Wire December 13, 1999 700+ words
...Dec. 13, 1999-- Coventry Health Care, Inc. (NASDAQ/NM:CVTY...brand will now be using the Coventry Health Care brand," said Allen F...Principal Health Care Coventry Health Care of the of the...
- Healtheon/WebMD and Coventry Health Care Sign Three-Year Agreement For...
- Press release article from: PR Newswire February 9, 2000 700+ words
...Electronic Transactions to Coventry Health Care's 1.5 Million Members...healthcare industry, and Coventry Health Care, Inc. (Nasdaq: CVTY...WebMD processes annually. Coventry Health Care provides managed care products...
- Coventry Health Care Inc Added to Bellwether Watch List.
- Press release article from: M2 Presswire November 27, 2006 700+ words
...bellwetherreport.com: Coventry Health Care Inc Added to Bellwether Watch...COMMUNICATIONS LTD RDATE:27112006 Coventry Health Care Inc (NYSE:CVH) Added...world of managed care, and Coventry Health Care wants to measure up. Created...
- Coventry Health Care of Louisiana Rolls Out Affordable Health Plan for...
- Press release article from: Business Wire November 2, 2005 700+ words
METAIRIE, La. -- Coventry Health Care of Louisiana has introduced...Kasper, President and CEO of Coventry Health Care of Louisiana, Inc. "Consumers...choose from. When members use Coventry Health Care of Louisiana providers...
- Coventry Health Care Announces Organizational Changes.
- Press release article from: Business Wire October 25, 2004 700+ words
BETHESDA, Md. -- Coventry Health Care, Inc. (NYSE:CVH) announced...will become President of Coventry Health Care and will assume responsibility...of profitable growth." Coventry Health Care is a managed health care...
- Coventry Health Care of Iowa to Offer Medicare Advantage Products.
- Press release article from: Business Wire July 7, 2005 700+ words
...WEST DES MOINES, Iowa -- Coventry Health Care of Iowa, Inc. (Coventry...Coventry is a subsidiary of Coventry Health Care, Inc. (NYSE, CVH...compensation services companies. Coventry Health Care, Inc. provides a full range...
- Coventry Corporation Completes Merger With Principal Health Care.
- Press release article from: Business Wire April 1, 1998 700+ words
...the new company to be named Coventry Health Care, Inc. The merger, approved...was converted to a share of Coventry Health Care, Inc., resulting in Coventry...approximately 33 million shares of Coventry Health Care, a 60% ownership. Principal...
- A.M. Best Assigns Initial Ratings to the Insurance Subsidiaries of Coventry...
- Press release article from: Business Wire August 12, 2002 700+ words
...insurance subsidiaries of Coventry Health Care, Inc. (NYSE: CVH...Very Good) to the following Coventry Health Care, Inc., health insurance subsidiaries: - Coventry Health Care of Delaware, Inc. - Coventry...