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Nov. 13, 2009Coventry Health Care Elects Dr. Michael Stocker to Board of Directors
BETHESDA, Md.--(BUSINESS WIRE)--Nov. 13, 2009-- Coventry Health Care, Inc. (NYSE: CVH) announced today that Michael Stocker, M.D., was elected to the Company’s Board of Directors at its meeting held on November 9, 2009. Dr. Stocker is Chairman of the Board of the New York City Health and Hospitals Corporation (HHC), the largest municipal hospital and health care system in the country. Prior to this role, Dr. Stocker served as P... 
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Oct. 30, 2009Coventry Health Care Reports Third Quarter Earnings and Increases Full Year 2009 Guidance
GAAP Earnings of $0.48 per Diluted Share; Adjusted Earnings of $0.66 per Diluted Share BETHESDA, Md.--(BUSINESS WIRE)--Oct. 30, 2009-- Coventry Health Care, Inc. (NYSE:CVH) today reported consolidated operating results for the quarter ended September 30, 2009. Operating revenues totaled $3.4 billion for the quarter with GAAP net earnings of $70.6 million, or $0.48 earnings per diluted share (EPS). Excluding the impact of the First He... 
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Oct. 05, 2009Coventry Health Care Agrees to Acquire Preferred Health Systems
BETHESDA, Md.--(BUSINESS WIRE)--Oct. 5, 2009-- Coventry Health Care, Inc. (NYSE: CVH) announced today that it has signed a definitive agreement to acquire Preferred Health Systems, Inc. (“PHS”), a wholly-owned subsidiary of Via Christi Health System, Inc. PHS, based in Wichita, Kansas, is a commercial health plan serving more than 100,000 commercial group risk members and 20,000 commercial self-funded members. As part of the transaction, Coventry is ... 
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Sep. 29, 2009Coventry Health Care to Release Third Quarter 2009 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Sep. 29, 2009-- Coventry Health Care, Inc. (NYSE:CVH) announced today that it will release third quarter 2009 financial results on Friday, October 30, 2009. Allen Wise, Coventry’s Chief Executive Officer, will be hosting a conference call at 8:30 a.m. ET on that day. To listen to the call, dial toll-free at (888) 352-6803 or, for international callers, (719) 325-2474. Callers will be asked to identify themselves ... 
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Sep. 08, 2009Coventry Health Care to Present at The Morgan Stanley Global Healthcare Conference
BETHESDA, Md. (September 8, 2009) – Coventry Health Care, Inc. (NYSE: CVH) announced today that Shawn Guertin, Chief Financial Officer, is scheduled to present at the Morgan Stanley Global Healthcare Conference in New York, New York, at 9:10 a.m. ET on Monday, September 14, 2009. The public may access a live webcast of the presentation on the Investor Relations page of Coventry’s website at www.coventryhealthcare.com. A replay of the presentation will be available at the same website followi... 
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Jul. 31, 2009Coventry Health Care Completes Sale of First Health Services Corporation Subsidiary
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 31, 2009-- Coventry Health Care, Inc. (NYSE:CVH) announced today that it has completed its previously announced divestiture of First Health Services Corporation (FHSC) to Magellan Health Services, Inc. Coventry Health Care (www.coventryhealthcare.com) is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and wo... 
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Jul. 28, 2009Coventry Health Care Reports Second Quarter Earnings and Increases Full Year 2009 Guidance
BETHESDA, Md.--(BUSINESS WIRE)--Jul. 28, 2009-- Coventry Health Care, Inc. (NYSE:CVH) today reported consolidated operating results for the quarter ended June 30, 2009. Operating revenues totaled $3.5 billion for the quarter with GAAP net earnings of $18.4 million, or $0.12 per diluted share. Excluding the impact of the First Health Services Corporation (FHSC) goodwill impairment, which resulted in a net $55.4 million, or $0.38 per diluted share, non... 
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Jun. 25, 2009Coventry Health Care to Release Second Quarter 2009 Financial Results
BETHESDA, Md. (June 25, 2009) – Coventry Health Care, Inc. (NYSE: CVH) announced today that it will release second quarter 2009 financial results on Tuesday, July 28, 2009. Allen Wise, Coventry’s Chief Executive Officer, will be hosting a conference call at 8:00 a.m. ET on that day. To listen to the call, dial toll-free at (877) 795-3649 or, for international callers, (719) 325-4756. Callers will be asked to identify themselves and their affiliations. The conference call will also be... 
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Jun. 16, 2009Coventry Health Care to Speak At the Wachovia Securities Mid-Year Equity Conference
BETHESDA, Md. (June 16, 2009) – Coventry Health Care, Inc. (NYSE: CVH) announced today that Shawn Guertin, Chief Financial Officer, is scheduled to present at the Wachovia Securities 19th Annual Mid-Year Equity Conference in Boston, Massachusetts, at 10:45 a.m. ET on Tuesday, June 23, 2009. The public may access a live webcast of the presentation and accompanying slides on the Investor Relations page of Coventry’s website at www.coventryhealthcare.com. A replay of the presentation will b... 
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Jun. 05, 2009Coventry Health Care Announces Sale of First Health Services Corporation Subsidiary
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 5, 2009-- Coventry Health Care, Inc. (NYSE: CVH) announced today that it has signed a definitive agreement to sell its fee-based Medicaid services subsidiary, First Health Services Corporation (“FHSC”), to Magellan Health Services, Inc. (NASDAQ: MGLN). “After completing an internal evaluation of all of our businesses, we determined that FHSC was not an asset that complemented the Compan... 
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Jun. 01, 2009Coventry Expresses Sympathy on Passing of Board Member John Austin
BETHESDA, Md.--(BUSINESS WIRE)--Jun. 1, 2009-- Coventry Health Care, Inc. (NYSE:CVH) mourns the death of Dr. John Austin, a member of Coventry’s Board of Directors from 1988 until his retirement in May 2009. Dr. Austin, who served as Chairman of the Board from 1995 to 2004, died tragically in a small plane crash. “John’s passing came as a shock to us all and leaves us with great sadness,” said Allen F. Wise, chairman... 
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Apr. 28, 2009Coventry Health Care Reports First Quarter Earnings of $0.30 per Diluted Share
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 28, 2009-- Coventry Health Care, Inc. (NYSE:CVH) today reported consolidated operating results for the quarter ended March 31, 2009. Operating revenues totaled $3.6 billion for the quarter with net earnings of $44.2 million, or $0.30 per diluted share. “Despite the challenges and uncertainties of the current macroeconomic environment, I am pleased with the quality and stability we see in our ... 
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Apr. 01, 2009Coventry Health Care to Release First Quarter 2009 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Apr. 1, 2009-- Coventry Health Care, Inc. (NYSE:CVH) announced today that it will release first quarter 2009 financial results on Tuesday, April 28, 2009. Allen Wise, Coventry’s Chief Executive Officer, will be hosting a conference call at 8:00 a.m. ET on that day. To listen to the call, dial toll-free at (877) 723-9509 or, for international callers, (719) 325-4769. Callers will be asked to identify themselves an... 
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Mar. 03, 2009Coventry Health Care to Speak at the Barclays Capital Global Healthcare Conference
BETHESDA, Md.--(BUSINESS WIRE)--Mar. 3, 2009-- Coventry Health Care, Inc. (NYSE:CVH) announced today that Shawn Guertin, Chief Financial Officer, is scheduled to present at the Barclays Capital Global Healthcare Conference in Miami, Florida, at 1:30 p.m. ET on Tuesday, March 10, 2009. The public may access a live webcast of the presentation and accompanying slides on the Investor Relations page of Coventry’s website at www.cove... 
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Feb. 10, 2009Coventry Health Care Reports Fourth Quarter Earnings of $0.60 per Diluted Share
BETHESDA, Md.--(BUSINESS WIRE)--Feb. 10, 2009-- Coventry Health Care, Inc. (NYSE:CVH) today reported consolidated operating results for the quarter ended December 31, 2008. Operating revenues totaled $3.0 billion for the quarter with net earnings of $88.2 million, or $0.60 per diluted share. For the year ended December 31, 2008, total revenues were $11.9 billion with net earnings of $381.9 million, or $2.54 per diluted share. “... 
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Jan. 26, 2009Dale Wolf resigns as President and CEO of Coventry Health Care
Allen Wise named CEO in addition to retaining role as Chairman of the Board BETHESDA, Md.--(BUSINESS WIRE)--Jan. 26, 2009--Coventry Health Care, Inc. (NYSE:CVH) today announced the resignation of Dale Wolf as president and CEO of the company, effective Friday, Jan. 30, 2009. Dale Wolf joined the company in 1996 as its chief financial officer and succeeded Allen Wise as the company's CEO on Jan. 1, 2005. Upon his resignation, Dale Wolf said, "I am p... 
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Jan. 16, 2009Coventry Health Care to Release Fourth Quarter 2008 Financial Results
BETHESDA, Md.--(BUSINESS WIRE)--Jan. 16, 2009--Coventry Health Care, Inc. (NYSE: CVH) announced today that it will release fourth quarter financial results on Tuesday, February 10, 2009. Dale Wolf, Coventry's Chief Executive Officer, will be hosting a conference call at 8:00 a.m. ET on that day. To listen to the call, dial toll-free at (888) 726-2459 or, for international callers, (913) 312-0855. Callers will be asked to identify themselves and their ... 
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Jan. 09, 2009Coventry Health Care to Speak at the J.P. Morgan Healthcare Conference
BETHESDA, Md.--(BUSINESS WIRE)--Jan. 9, 2009--Coventry Health Care, Inc. (NYSE:CVH) announced today that the Company is scheduled to present at the 27th Annual J.P. Morgan Healthcare Conference in San Francisco, California, at 4:30 p.m. ET on Wednesday, January 14, 2009. The public may access a live webcast of the presentation and accompanying slides on the Investor Relations page of Coventry's website at www.coventryhealthcare.com. A ... 
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