Coventry Health Care

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Coventry Health Care
TypeSubsidiary of Aetna
IndustryHealth Insurance
Founded1997
HeadquartersNorth Bethesda, Maryland (Bethesda mailing address)
Key people
Allen Wise (CEO)
ProductsHealth Care Plans
RevenueIncrease US$ 14.113 billion (2012)[1]
Decrease US$ 759.69 million (2012)[1]
Decrease US$ 487.06 million (2012)[1]
Total assetsDecrease US$ 8.750 billion (2012[1]
Total equityIncrease US$ 4.722 billion (2012)[1]
Number of employees
14,400 (Jan 2013)[1]
Websitewww.coventryhealthcare.com

Coventry Health Care, Inc. (Coventry) is a health insurer in the United States. The company has three divisions: Health Plan, Specialized Managed Care Division, and Workers' Compensation Division.[2]

In June 2010, Coventry Health Care acquired MHP (Mercy Health Plans), an insurer with approximately 180,000 members in Missouri and northwest Arkansas.[3][non-primary source needed] Subsequently, on January 1, 2012, Coventry acquired Children's Mercy's Family Health Partners.[2]

In 2013, Coventry Health Care was acquired by Aetna for $5.7 billion.[4][5]

References[edit]

  1. ^ a b c d e f "Coventry Health Care, Form 10-K, Annual Report, Filing Date Feb 27, 2013" (PDF). secdatabase.com. Retrieved Mar 29, 2013.
  2. ^ a b "Coventry Health Care". Forbes. Retrieved 2020-07-21.
  3. ^ "Coventry Health Care Agrees to Acquire MHP, Inc" (Press release). Coventry Health Care. 30 June 2010. Retrieved 22 June 2020 – via BusinessWire.
  4. ^ "Subscribe to read | Financial Times". www.ft.com. Retrieved 2020-07-21. Cite uses generic title (help)
  5. ^ "Aetna to acquire Coventry in $5.7 billion deal". Modern Healthcare. 2012-08-20. Retrieved 2020-07-21.

External links[edit]