Coventry Health Care
 | |
| Subsidiary of Aetna | |
| Industry | Health Insurance |
| Headquarters | Bethesda, Maryland |
Key people | Allen Wise, CEO |
| Products | Health Care Plans |
| Revenue |
 US$ 14.113 billion (2012)[1] |
 US$ 759.69 million (2012)[1] | |
|
US$ 487.06 million (2012)[1] | |
| Total assets |
US$ 8.750 billion (2012[1] |
| Total equity |
US$ 4.722 billion (2012)[1] |
Number of employees | 14,400 (Jan 2013)[1] |
| Website | www.coventryhealthcare.com |
Coventry Health Care, Inc. (Coventry) is a diversified national insurer in the United States.
Based in Bethesda, Maryland, Coventry operates health plans, insurance companies, network rental and workers’ compensation services companies. Coventry provides a full range of risk and fee-based managed care products and services to a broad cross section of individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators. It is currently ranked the third most successful prescription drug plan service in the United States.
Key events
- 1986 - Coventry Corporation, Inc.
- 1987 - Acquired American Service Life Insurance Company
- 1988 - Acquired HealthAmerica Pennsylvania
- 1989 - Acquired Group Health Plan in St. Louis, Missouri
- 1994 - Acquired Southern Health Services in Richmond, Virginia
- 1995 - Acquired HealthCare USA in Jacksonville, Florida
- 1998 - Merged with Principal Health Care,[2] corporate office moves to Bethesda, Maryland, and company name changed to Coventry Health Care, Inc.
- 1999 - Acquired Kaiser in Charlotte, North Carolina and Carelink in Charleston, West Virginia[3][4]
- 2000 - Acquired PrimeONE and merged with Carelink.[5][6] Acquired WellPath Community Health Plans in Chapel Hill, North Carolina[4]
- 2001 - Acquired Qualchoice in Charlottesville, Virginia and Kaiser Permanente membership in Kansas City, Missouri[7]
- 2002 - Acquired New Alliance in Erie, Pennsylvania and Mid America Health Plan in Kansas City, Missouri[8][9]
- 2003 - Acquired PersonalCare in Champaign, Illinois and Altius Health Plan in South Jordan, Utah[10][11]
- 2004 - Acquired OmniCare in Detroit, Michigan[12]
- 2005 - Acquired First Health Group Corporation[13]
- 2007 - Acquired group health business from Mutual of Omaha in Omaha, Nebraska;[14] VISTA Health Plans in Sunrise, Florida,[15] and Concentra Workers' Compensation Managed Care Services[14]
- 2008 - Acquired MHNet Behavioral Health in Austin, Texas and Group Dental Services (GDS) in Rockville, Maryland[16][17]
- 2010 - Acquired Mercy Health Plans in St Louis, Missouri and Preferred Health Systems (PHS) in Wichita, Kansas[18]
- 2011 - Awarded Kentucky Medicaid Business[19]
- 2012 - Acquired by Aetna[20]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Coventry Health Care, Form 10-K, Annual Report, Filing Date Feb 27, 2013". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 8-K, Current Report, Filing Date Jun 2, 1999". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date May 12, 2000". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ 4.0 4.1 "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Nov 13, 2000". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Nov 15, 1999". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-K, Annual Report, Filing Date Mar 29, 2000". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Nov 9, 2001". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date May 15, 2002". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Nov 12, 2002". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-K, Annual Report, Filing Date Mar 24, 2003". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Aug 12, 2003". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 8-K, Current Report, Filing Date May 19, 2004". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 8-K, Current Report, Filing Date Oct 14, 2004". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ 14.0 14.1 "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Aug 8, 2007". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Nov 9, 2007". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date May 12, 2008". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Aug 7, 2008". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Aug 6, 2010". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 10-Q, Quarterly Report, Filing Date Nov 4, 2011". secdatabase.com. Retrieved Mar 29, 2013.
- ↑ "Coventry Health Care, Form 8-K, Current Report, Filing Date Aug 20, 2012". secdatabase.com. Retrieved Mar 29, 2013.