Coventry Health Care / CVH
About Coventry Health Care
6705 Rockledge Dr., Suite 900, Bethesda, Md. 20817
www.cvty.com
| 301-581-0600
| Founded: 1986
Industry: Health Care | Category: Public Companies
Coventry Health Care is a managed-health-care company that offers health maintenance organizations, workers' compensation and insurance plans under various trade names to individuals, government agencies and other insurance carriers. In the past year, Coventry bought Texas-based Concentra's workers' compensation managed-care-services units, part of Mutual of Omaha's group health-insurance business, and Florida-based Vista Health Plans. The Vista purchase made Coventry Florida's fourth-largest commercial HMO provider.
Chairman and CEO: Allen Wise
2007 Financial Data
Revenues: $9,879,531,000 | Net Income: $626,094,000Asssets: $7,158,790,000 | Earnings Per Share: $3.98
Stockholder Equity: $3,301,479,000 | Annual Dividend: $0.00
Total employees: 15,000 | Local employees: 398
Company Leadership
| Joel Ackerman | Director |
| John H. Austin | Director |
| L. Dale Crandall | Director |
| Emerson D. Farley | Director |
| Lawrence N. Kugelman | Director |
| Daniel N. Mendelson | Director |
| Rodman W. Moorhead | Director |
| Elizabeth E. Tallett | Director |
| Timothy T. Weglicki | Director |
| Allen F. Wise | Chairman |
| Dale B. Wolf | Chief Executive Officer and Director |
| Dale B. Wolf | Chief Executive Officer |
Source: Compensation data provided by Equilar, Inc..
| Dale B. Wolf Chief Executive Officer | $11,206,226 Salary: $925,000 |
Did You Know
WESTWARD HO: Coventry plans to open a regional office in Omaha next year with 300 employees. It also plans to add 200 jobs in Aberdeen, S.D.