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Coventry Health Care
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Coventry Health Care was Created in 1998 when Coventry Corp. acquired Principal Financial Group's health care unit (effectively doubling its size).
Coventry Health Care provides managed health care services to roughly 2.5 million enrollees in about 15 states, primarily in the Midwest, Mid-Atlantic, and Southeast. Its plans include point of service (POS), HMOs, and PPOs, as well as Medicare and Medicaid products.
Coventry Health Care also administers self-insured health plans for large employers. The company acquired the workers' compensation managed care services business of Concentra in 2007.
