| Business Summary | | Coventry
Health
Care,
Inc.
is
a
managed
health
care
company
operating
health
plans
under
the
names
Coventry
Health
Care,
Coventry
Health
and
Life,
HealthAmerica,
HealthAssurance,
HealthCare
USA,
Group
Health
Plan,
SouthCare,
Southern
Health,
Carelink
Health
Plans,
and
WellPath.
The
Company
provides
a
full
range
of
managed
care
products
and
services
including
health
maintenance
organization,
point-of-service,
preferred
provider
organization
products,
and
Medicare
and
Medicaid
products.
The
Company
also
administers
self-insured
plans
for
large
employer
groups.
As
of
December
31,
2000,
in
continuing
operations,
the
Company
had
1,436,618
members
for
whom
it
assumes
underwriting
risk
and
276,416
members
of
self-insured
employers
for
whom
it
provides
management
services
but
does
not
assume
underwriting
risk. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Coventry
Health
Care,
Inc.
is
a
managed
health
care
company
that
provides
comprehensive
health
benefits
and
services
to
employer
groups
and
government-funded
groups
in
the
Midwest,
Mid-Atlantic
and
Southeastern
U.S.
For
the
six
months
ended
6/30/01,
total
revenues
rose
24%
to
$1.54
billion.
Net
income
before
accounting
change
rose
56%
to
$39
million.
Results
reflect
an
increased
number
of
members,
higher
commercial
rates
and
an
improved
medical
loss
ratio. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| John Austin, M.D., 57 Chairman | -- | Allen Wise, 58 Pres,
CEO | $2.2M | Dale Wolf, 47 Exec.
VP, CFO and Treasurer | 1.2M | Thomas McDonough, 52 Exec.
VP and COO | 1.2M | J. Stewart Lavelle, 47 Sr.
VP- Sales and Marketing | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|