Coventry Health Care
Encyclopedia
Coventry Health Care, Inc. (Coventry) is a diversified national insurer in the United States
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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.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
.
Based in Bethesda, Maryland
Bethesda, Maryland
Bethesda is a census designated place in southern Montgomery County, Maryland, United States, just northwest of Washington, D.C. It takes its name from a local church, the Bethesda Meeting House , which in turn took its name from Jerusalem's Pool of Bethesda...
, 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
Managed care
...intended to reduce unnecessary health care costs through a variety of mechanisms, including: economic incentives for physicians and patients to select less costly forms of care; programs for reviewing the medical necessity of specific services; increased beneficiary cost sharing; controls on...
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, MissouriSt. Louis, MissouriSt. Louis is an independent city on the eastern border of Missouri, United States. With a population of 319,294, it was the 58th-largest U.S. city at the 2010 U.S. Census. The Greater St...
- 1994 - Acquired Southern Health Services in Richmond, VirginiaRichmond, VirginiaRichmond is the capital of the Commonwealth of Virginia, in the United States. It is an independent city and not part of any county. Richmond is the center of the Richmond Metropolitan Statistical Area and the Greater Richmond area...
- 1995 - Acquired HealthCare USA in Jacksonville, FloridaJacksonville, FloridaJacksonville is the largest city in the U.S. state of Florida in terms of both population and land area, and the largest city by area in the contiguous United States. It is the county seat of Duval County, with which the city government consolidated in 1968...
- 1998 - Merged with Principal Health Care, corporate office moves to Bethesda, Maryland, and company name changed to Coventry Health Care, Inc.
- 1999 - Acquired Kaiser in Charlotte, North CarolinaCharlotte, North CarolinaCharlotte is the largest city in the U.S. state of North Carolina and the seat of Mecklenburg County. In 2010, Charlotte's population according to the US Census Bureau was 731,424, making it the 17th largest city in the United States based on population. The Charlotte metropolitan area had a 2009...
and Carelink in Charleston, West VirginiaCharleston, West VirginiaCharleston is the capital and largest city of the U.S. state of West Virginia. It is located at the confluence of the Elk and Kanawha Rivers in Kanawha County. As of the 2010 census, it has a population of 51,400, and its metropolitan area 304,214. It is the county seat of Kanawha County.Early... - 2000 - Acquired PrimeONE and merged with Carelink. Acquired WellPath Community Health Plans in Chapel Hill, North CarolinaChapel Hill, North CarolinaChapel Hill is a town in Orange County, North Carolina, United States and the home of the University of North Carolina at Chapel Hill and UNC Health Care...
- 2001 - Acquired Qualchoice in Charlottesville, VirginiaCharlottesville, VirginiaCharlottesville is an independent city geographically surrounded by but separate from Albemarle County in the Commonwealth of Virginia, United States, and named after Charlotte of Mecklenburg-Strelitz, the queen consort of King George III of the United Kingdom.The official population estimate for...
and Kaiser Permanente membership in Kansas City, MissouriKansas City, MissouriKansas City, Missouri is the largest city in the U.S. state of Missouri and is the anchor city of the Kansas City Metropolitan Area, the second largest metropolitan area in Missouri. It encompasses in parts of Jackson, Clay, Cass, and Platte counties... - 2002 - Acquired New Alliance in Erie, PennsylvaniaErie, PennsylvaniaErie is a city located in northwestern Pennsylvania in the United States. Named for the lake and the Native American tribe that resided along its southern shore, Erie is the state's fourth-largest city , with a population of 102,000...
and Mid America Health Plan in Kansas City, Missouri - 2003 - Acquired PersonalCare in Champaign, IllinoisChampaign, IllinoisChampaign is a city in Champaign County, Illinois, in the United States. The city is located south of Chicago, west of Indianapolis, Indiana, and 178 miles northeast of St. Louis, Missouri. Though surrounded by farm communities, Champaign is notable for sharing the campus of the University of...
and Altius Health Plan in South Jordan, UtahSouth Jordan, UtahSouth Jordan is a city in the U.S. state of Utah. The city lies in the Salt Lake Valley between the peaks of the Oquirrh Mountains and the peaks of the Wasatch Mountains and is part of the Salt Lake City metropolitan area... - 2004 - Acquired OmniCare in Detroit, MichiganDetroit, MichiganDetroit is the major city among the primary cultural, financial, and transportation centers in the Metro Detroit area, a region of 5.2 million people. As the seat of Wayne County, the city of Detroit is the largest city in the U.S. state of Michigan and serves as a major port on the Detroit River...
- 2005 - Acquired First Health Group Corporation
- 2007 - Acquired group health business from Mutual of Omaha in Omaha, NebraskaOmaha, NebraskaOmaha is the largest city in the state of Nebraska, United States, and is the county seat of Douglas County. It is located in the Midwestern United States on the Missouri River, about 20 miles north of the mouth of the Platte River...
; VISTA Health Plans in Sunrise, FloridaSunrise, Florida-Overview:Sunrise is a city in southwestern Broward County, Florida, United States. It was incorporated in 1961 by Norman Johnson – a developer whose World Famous Upside-Down House attracted buyers to what was then a remote area...
, and Concentra Workers' Compensation Managed Care Services - 2008 - Acquired MHNet Behavioral Health in Austin, TexasAustin, TexasAustin is the capital city of the U.S. state of :Texas and the seat of Travis County. Located in Central Texas on the eastern edge of the American Southwest, it is the fourth-largest city in Texas and the 14th most populous city in the United States. It was the third-fastest-growing large city in...
and Group Dental Services (GDS) in Rockville, MarylandRockville, MarylandRockville is the county seat of Montgomery County, Maryland, United States. It is a major incorporated city in the central part of Montgomery County and forms part of the Baltimore-Washington Metropolitan Area. The 2010 U.S... - 2010 - Acquired Mercy Health Plans in St Louis, Missouri and Preferred Health Systems (PHS) in Wichita, KansasWichita, KansasWichita is the largest city in the U.S. state of Kansas.As of the 2010 census, the city population was 382,368. Located in south-central Kansas on the Arkansas River, Wichita is the county seat of Sedgwick County and the principal city of the Wichita metropolitan area...
- 2011 - Awarded Kentucky Medicaid Business