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June 02, 2015 12:26 AM ET

Healthcare Providers and Services

Company Overview of Coventry Health Care Inc.

Company Overview

Coventry Health Care, Inc. operates as a managed healthcare company in the United States. The company’s Commercial Products segment provides health plan commercial risk, commercial management services, Medicare Advantage Coordinated Care Plans (Medicare Advantage CCP), and Medicaid products. Its health plans offer commercial risk products, including health maintenance organization, and point of service products to individuals and employer groups. This segment also provides health insurance benefits under the Federal Employees Health Benefits Program; and administrative services only products, such as medical claims administration, pharmacy benefits management, and utilization management and ...

6720-B Rockledge Drive

Suite 700

Bethesda, MD 20817

United States

Founded in 1986

14,400 Employees

Phone:

301-581-0600

Fax:

301-493-0742

Key Executives for Coventry Health Care Inc.

President
Age: 51
Senior Vice President and Secretary
Senior Vice President and Corporate Controller
Age: 51
Vice President
Compensation as of Fiscal Year 2014.

Coventry Health Care Inc. Key Developments

Aetna Reportedly Selling Coventry Health's Assets

Aetna Inc. (NYSE:AET) is reportedly looking to sell assets of Coventry Health Care Inc. Aetna is reportedly working with Bank of America Merrill Lynch on a sale.

Coventry Health Care Announces Expansion of Medicare Advantage Service Area to 26 Counties

Coventry Health Care announced the expansion of its Medicare Advantage service area to 26 counties across Louisiana and West Virginia and in 48 additional counties in 16 other states for 2014. The company expanded its Medicare Advantage service area into the following counties for 2014: Florida: 2 counties - Duval, Marion; Illinois: 14 counties - Bureau, Cass, Christian, DeKalb, DeWitt, Kendall, Lee, Macon, Mason, Menard, Morgan, Pike, Scott, Shelby; Iowa: 12 counties - Adair, Greene, Guthrie, Hamilton, Ida, Keokuk, Marshall, Ringgold, Story, Union, Wayne, Webster; Louisiana: 4 counties - Ascension, East Baton Rouge, Jefferson, Orleans; Missouri: 8 counties - Cooper, Howard, Knox, Perry, Pike, Randolph, Shelby, Ste. Genevieve; Ohio: 5 counties - Belmont, Harrison, Jefferson, Lake, Medina; Oklahoma: 2 counties - Canadian, Tulsa; Pennsylvania: 5 counties - Blair, Huntingdon, Indiana, Jefferson, Venango; West Virginia: 22 counties - Boone, Brooke, Cabell, Clay, Hancock, Harrison, Jackson, Kanawha, Lewis, Lincoln, Marion, Marshall, Mason, Monongalia, Ohio, Preston, Putnam, Taylor, Wayne, Wetzel, Wirt, Wood.

Robbins Geller Rudman & Dowd LLP Announces Coventry Health Care Inc. Securities Settlement

Robbins Geller Rudman & Dowd LLP announced that United States District Court for the District of Maryland notified all persons who purchased the common stock of Coventry Health Care Inc. between February 9, 2007 and October 22, 2008, inclusive that a hearing will be held on October 28, 2013, at 12:00 p.m., before the Honorable Alexander Williams, Jr., United States District Judge, at the United States Courthouse, 6500 Cherrywood Lane, Greenbelt, MD 20770, for the purpose of determining: whether the proposed settlement of the Action for the sum of $10,000,000.00 in cash should be approved by the court as fair, reasonable, and adequate; whether, thereafter, this Action should be dismissed with prejudice against defendants as set in the settlement agreement dated May 20, 2013; whether the plan of distribution of settlement proceeds is fair, reasonable and adequate, and therefore should be approved; and the reasonableness of the application of lead counsel for the payment of attorneys' fees and expenses, together with interest thereon.

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