Post 200: Top D.C.-Area Businesses

Coventry Health Care Inc. / CVH

About Coventry Health Care Inc.

6705 Rockledge Dr., Suite 900, Bethesda, Md. 20817
www.cvty.com | 301-581-0600 | Founded: 1986

Industry: Health Care | Category: Top 100 Companies

A large part of Coventry's year was spent on a national rollout of the Medicare Part D prescription drug benefit that began in January 2006. The company boasts that it ranks sixth among the private insurers providing the Part D plan.
Coventry said in February that it will buy Concentra Operating's workers' compensation managed-care business for $387.5 million. The Concentra units provide bill-review and case-management services, medical exams and pharmacy-benefits management for workers' compensation programs, which generated about $324 million in revenue in 2006, the companies said.
Coventry and Concentra, of Addison, Tex., expect the transaction, which is subject to regulatory approval, to close this year.

CEO: Dale B. Wolf

CEO: Dale B. Wolf

2007 Financial Data

Total employees: 10,250 | Local employees: 300

Company Leadership

Dale B. Wolf CEO
Thomas P. McDonough President
Harvey C. DeMovick Jr. EVP
Francis S. Soistman Jr. EVP
Shawn M. Guertin EVP and CFO

Source: Compensation data provided by Equilar, Inc..

Dale B. Wolf
Chief Executive Officer
$11,206,226
Salary: $925,000

Did You Know

Coventry Health Care Inc. is a managed-health-care firm that offers HMOs and insurance plans under various trade names. It has some of the highest profit margins in the business due to low administrative costs.

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