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Home > Company Index > Insurance > Accident & Health Insurance > Coventry Health Care, Inc.

Coventry Health Care, Inc.
Nasdaq: CVH
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 NEWS FROM THE WIRES
Coventry CFO sees 2001 EPS $1.17-$1.22, '02 higher
Jul 31 2001 10:15 AM PDT

Coventry Q2 net rises from rates, enrollment
Jul 31 2001 06:18 AM PDT

Coventry to acquire Virginia health insurer
Jul 30 2001 12:22 PM PDT

More WIRE STORIES about this company

 PROFILE
Size matters in the tough world of managed care, and Coventry Health Care wants to measure up. Created in 1998 when Coventry Corporation acquired Principal Financial Group's health care unit (doubling its size), the firm provides managed health care services to almost 1.5 million enrollees in about 15 states, primarily in the Midwest and Mid-Atlantic regions. Its plans include point of service, HMOs, and PPOs, as well as Medicare and Medicaid products. The company also administers self-insured health plans for large employers. Coventry has acquired Wellpath, a subsidiary of Duke University Health Systems. Principal Life Insurance, a unit of Principal Financial, owns more than 25% of the firm.

 COMPETITION
Aetna Inc. (AET)
Blue Cross and Blue Shield Association (dossier)
UnitedHealth Group Incorporated (UNH)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 2,604.90
1-Yr. Sales Growth: 20.5%
Employees: 3,150
Revenue per employee: $826,952.38

 KEY PEOPLE
• Alan F. Wise
    CEO
• Dale B. Wolf
    CFO

 CONTACT INFO
6705 Rockledge Dr., Ste. 100
Bethesda, MD 20817
US
Phone: 301-581-0600
Fax: 301-493-0752
Online: Web Site

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