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Company type | Defunct |
---|---|
Industry | Health insurance |
Founded | 1986 |
Defunct | May 7, 2013 |
Fate | Acquired by Aetna |
Headquarters | North Bethesda, Maryland ( Bethesda mailing address) |
Key people | Allen Wise (CEO) |
Revenue | ![]() |
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Total assets | ![]() |
Total equity | ![]() |
Number of employees | 14,400 (January 2013) |
Footnotes / references [1] |
Coventry Health Care, Inc. was a health insurer in the United States. It had 3.7 million medical members, 1.5 million Medicare Part D members, and 900,000 Medicaid members. [2] In May 2013, the company was acquired by Aetna for $5.7 billion.
The company was founded in 1986 in Nashville by Phil Bredesen. [3]
In August 1998, the company merged with Principal Health Care and moved its headquarters to Bethesda, Maryland. [3]
In October 2000, the company acquired WellPath, the managed care subsidiary of Duke University Health System, for $20.7 million. [4]
In October 2010, the company acquired MHP (Mercy Health Plans), an insurer with approximately 180,000 members in Missouri and northwest Arkansas. [5]
In January 2012, the company acquired Children's Mercy's Family Health Partners. [6]
In May 2013, the company was acquired by Aetna for $5.7 billion. [2] [7]
![]() | |
Company type | Defunct |
---|---|
Industry | Health insurance |
Founded | 1986 |
Defunct | May 7, 2013 |
Fate | Acquired by Aetna |
Headquarters | North Bethesda, Maryland ( Bethesda mailing address) |
Key people | Allen Wise (CEO) |
Revenue | ![]() |
![]() | |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Number of employees | 14,400 (January 2013) |
Footnotes / references [1] |
Coventry Health Care, Inc. was a health insurer in the United States. It had 3.7 million medical members, 1.5 million Medicare Part D members, and 900,000 Medicaid members. [2] In May 2013, the company was acquired by Aetna for $5.7 billion.
The company was founded in 1986 in Nashville by Phil Bredesen. [3]
In August 1998, the company merged with Principal Health Care and moved its headquarters to Bethesda, Maryland. [3]
In October 2000, the company acquired WellPath, the managed care subsidiary of Duke University Health System, for $20.7 million. [4]
In October 2010, the company acquired MHP (Mercy Health Plans), an insurer with approximately 180,000 members in Missouri and northwest Arkansas. [5]
In January 2012, the company acquired Children's Mercy's Family Health Partners. [6]
In May 2013, the company was acquired by Aetna for $5.7 billion. [2] [7]