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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
entrepreneurs the incentive to start from scratch with
the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 371
Company Information
Name: Coventry Health Care, Inc
Industry: Insurance (Accident & Health)
Description: Coventry Health Care, Inc. is a managed healthcare company. The Company operates health plans under the names Coventry Health Care, Coventry Health and Life, Carelink Health Plans, Group Health Plan, HealthAmerica, HealthAssurance, HealthCare USA, Southern Health and WellPath. The Company operates a diversified portfolio of local market health plans serving 14 states, primarily in the Mid-Atlantic, Midwest and Southeast regions. The Company's health plans generally are located in small to mid-sized metropolitan areas.
Financial Summary: Coventry Health Care, Inc. is a managed health care company that provides comprehensive health benefits and services to employer and government-funded groups in the Midwest, Mid-Atlantic and Southeastern U.S. For the 6 months ended 6/30/05, revenues rose 24% to $3.22B. Net income rose 53% to $242.1M. Results reflect organic membership growth and acquisitions of First Health, and improved gross profit margins.
Business Summary: Coventry Health Care Inc. (Coventry) is a managed healthcare company with 2.5 million members as of December 31, 2004. It operates a portfolio of local market health plans serving 15 markets, primarily in the Mid-Atlantic, Midwest and Southeast United States. Its health plans are operated under the names Altius Health Plans, Carelink Health Plans, Coventry Health Care, Coventry Health and Life, Group Health Plan, HealthAmerica, HealthAssurance, HealthCare USA, OmniCare, PersonalCare, SouthCare, Southern Health and WellPath. In selected markets, it participates in Medicaid and Medicare Advantage programs. The Company's products include traditional health maintenance organization (HMO) products, preferred provider organizations (PPOs) and point of service (POS) products. Within these products, it also offers consumer-directed benefit options, including health reimbursement accounts (HRAs) and health savings accounts (HSAs). In January 2005, the Company acquired First Health Group Corp.
Misc Details
Symbol: CVH
City: Bethesda
State: MD
ZIP Code: 20817
Address: 6705 Rockledge Drive
Suite 900
Phone: 301-581-0600
Fax: 301-493-0742
Website: http://www.cvty.com
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