newsfilter

$CVH News

Last published 13y ago

  • 13y agoCVHCoventry Health Care Reports First Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter ended March 31, 2013. Operating revenues totaled $3.5 billion for the quarter with net earnings of $135.4 million, or earnings per diluted share (EPS) of $1.00.
  • 13y agoCVHCoventry Health Care Schedules Release of First Quarter 2013 Financial ResultsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) announced today that it will release first quarter 2013 financial results before the market opens on Wednesday, May 1, 2013, unless the previously announced transaction with Aetna closes before May 1, 2013. Given the August 20, 2012 announcement of the definitive agreement in which Aetna will acquire Coventry, the Company will ...
  • 13y agoCVHCoventry Health Care Ranked Among FORTUNE’s List of World’s Most Admired CompaniesBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care Inc. is ranked third in the health insurance and managed care category of FORTUNE magazine’s list of “World’s Most Admired Companies” for 2013. This prestigious ranking, which is released annually, is considered the definitive report card on corporate reputations.
  • 13y agoCVHCoventry Health Care Reports Fourth Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter and fiscal year ended December 31, 2012. Operating revenues totaled $3.4 billion for the quarter with net earnings of $119.3 million, or earnings per diluted share (EPS) of $0.88. For the year ended December 31, 2012, total operating revenues were $14.1 billion with ...
  • 13y agoCVHCoventry Health Care Announces Stockholder Approval of Merger Agreement with AetnaBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) announced that its stockholders voted at the stockholder special meeting held earlier today to approve the adoption of the previously announced merger agreement, dated as of August 19, 2012, as amended, providing for the acquisition of Coventry by Aetna.
  • 13y agoCVHCoventry Enters Into Civil Settlement Agreement With U.S. Attorney’s Office for the District of Maryland, Northern DivisionBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) has entered into a civil monetary settlement agreement with the U.S. Attorney’s Office for the District of Maryland, Northern Division. This agreement is the result of a previously disclosed subpoena and subsequent investigation into the Company’s operational process for confirming Medicare eligibility for its Workers’ Compensa ...
  • 14y agoCVHCoventry Health Care Reports Third Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter ended September 30, 2012. Operating revenues totaled $3.5 billion for the quarter with net earnings of $105.3 million, or earnings per diluted share (EPS) of $0.78. For the nine months ended September 30, 2012, total operating revenues were $10.7 billion with net ear ...
  • 14y agoCVHHWAYCoventry Expands Healthways SilverSneakers® Fitness Program to Its Medicare Advantage Beneficiaries in 13 StatesBusiness WireBETHESDA, Md. & NASHVILLE, Tenn.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) and Healthways (NASDAQ: HWAY) today announced an agreement to offer the award-winning SilverSneakers® Fitness Program to Coventry’s eligible Medicare Advantage beneficiaries in 13 states. This three-year agreement, effective January 1, 2013, makes SilverSneakers available to beneficiaries in Arkansas, Florida ...
  • 14y agoCVHAETCoventry Health Care, Inc. (CVH) is Investigated by Faruqi & Faruqi, LLP for Potential Breaches of Fiduciary Duties by Its Board of DirectorsBusiness WireNEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Coventry Health Care, Inc. (“Coventry” or the “Company”) (NYSE: CVH) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Aetna Inc. (“Aetna”) (NYSE: AET) in a cash-and-stock deal ...
  • 14y agoCVHSecurities Lawyers at Goldfarb LLP Seeking More Money, Information for Stockholders of Coventry Health Care, Inc.Business WireDALLAS--(BUSINESS WIRE)--Securities lawyers at Goldfarb LLP are investigating alleged violations of shareholder protection laws by officers and directors of Coventry Health Care, Inc. (NYSE: CVH) in connection with a buyout for $42.08 per share to Aetna. Concerned CVH investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their rights and re ...
  • 14y agoCVHAETRigrodsky & Long, P.A. Announces Investigation Of Coventry Health Care, Inc. BuyoutBusiness WireWILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Coventry Health Care, Inc. (“Coventry” or the “Company”) (NYSE: CVH) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Aetna Inc. (“Aetna”) (NYSE: AET), in a ...
  • 14y agoCVHLaw Offices of Todd M. Garber Announces Investigation of Coventry Health Care, Inc.Business WireLOS ANGELES--(BUSINESS WIRE)--The Law Offices of Todd M. Garber announces that it is investigating potential claims against the Board of Directors of Coventry Health Care, Inc. (“Coventry” or the “Company”) (NYSE: CVH) related to the proposed acquisition of the Company by Aetna Inc. The cash and stock transaction is valued at approximately $5.7 billion, and under the terms of the deal Coventry sha ...
  • 14y agoCVHRyan & Maniskas, LLP Announces Investigation of Coventry Health Care Inc.Business WireWAYNE, Pa.--(BUSINESS WIRE)--Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/cvh) is investigating potential claims against the board of directors of Coventry Health Care Inc. (“Coventry Health” or the “Company”) (NYSE: CVH) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Coventry Health to Aetna in a transaction valued at approxim ...
  • 14y agoCVHAETRobbins Umeda LLP Announces an Investigation of Coventry Health Care, Inc.Business WireSAN DIEGO--(BUSINESS WIRE)--Shareholder rights firm Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of the law by members of the board of directors of Coventry Health Care, Inc. (NYSE: CVH) in connection with their efforts to sell the company to Aetna (NYSE: AET). Concerned shareholders who would like more information about their right ...
  • 14y agoCVHAETFaruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of Coventry Health Care, Inc. (CVH)Business WireNEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Coventry Health Care, Inc. (“Coventry” or the “Company”) (NYSE: CVH) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Aetna Inc. (“Aetna”) (NYSE: AET) in a cash-and-stock deal ...
  • 14y agoCVHAETNewman Ferrara LLP Announces Investigation of Coventry Health Care, Inc.Business WireNEW YORK--(BUSINESS WIRE)--Newman Ferrara LLP has begun an investigation into potential claims against the board of directors of Coventry Health Care, Inc. (“Coventry”) (NYSE: CVH) concerning the proposed acquisition of Coventry by Aetna, Inc. (“Aetna”) (NYSE: AET).
  • 14y agoCVHAETRigrodsky & Long, P.A. Announces Investigation Of Coventry Health Care, Inc. BuyoutBusiness WireWILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Coventry Health Care, Inc. (“Coventry” or the “Company”) (NYSE: CVH) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Aetna Inc. (“Aetna”) (NYSE: AET), in a ...
  • 14y agoAETCVHAetna Enters into Agreement to Acquire Coventry Health Care, Inc.Business WireHARTFORD, Conn. & BETHESDA, Md.--(BUSINESS WIRE)--Aetna (NYSE: AET) and Coventry Health Care, Inc. (NYSE: CVH) today announced that they have entered into a definitive agreement pursuant to which Aetna will acquire Coventry in a transaction valued at $7.3 billion, including the assumption of Coventry debt.(1) Coventry is a diversified managed health care company that offers a full portfolio of ris ...
  • 14y agoCVHCoventry Health Care Reports Second Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter ended June 30, 2012. Operating revenues totaled $3.5 billion for the quarter, with net earnings of $91.7 million or earnings per diluted share (EPS) of $0.65. These results include a one-time $7.7 million, or $0.03 EPS, impairment charge resulting from the write down ...
  • 14y agoCVHA.M. Best Affirms Ratings of Coventry Health Care, Inc. and Upgrades Ratings of Selected SubsidiariesBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has affirmed the issuer credit rating (ICR) of “bbb-” and all debt ratings of Coventry Health Care, Inc. (Coventry) (Delaware) (NYSE: CVH).
  • 14y agoCVHCoventry Health Care Reports First Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter ended March 31, 2012. Operating revenues totaled $3.7 billion for the quarter with net earnings of $170.7 million, or earnings per diluted share (EPS) of $1.20. These results include EPS of $0.58 related to the release of Medicare Advantage Risk Adjustment Data Valid ...
  • 14y agoCVHCoventry Health Care Reports Fourth Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter and fiscal year ended December 31, 2011. Operating revenues totaled $3.1 billion for the quarter with net earnings of $85.7 million, or $0.60 earnings per diluted share (EPS). These results include a favorable impact from the Medicare Advantage Private Fee-for-Servic ...
  • 15y agoCVHCoventry Health Care Reports Third Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter ended September 30, 2011. Operating revenues totaled $3.0 billion for the quarter with net earnings of $122.7 million, or earnings per diluted share (EPS) of $0.84. These results include EPS of $0.02 from the Medicare Advantage Private Fee-for-Service (MA-PFFS) produ ...
  • 15y agoCVHWAGCoventry Health Care Joins Forces with Walgreens, Walmart on New 2012 Medicare Part D Plan Available Across the Continental U.S.Business WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) announced today that it has joined in partnership for 2012 with the nation’s largest and best known names in retail and pharmacy—Walgreens (NYSE, NASDAQ: WAG), Walmart, and Target—to offer a novel Medicare prescription drug plan known as First Health Value Plus (PDP). As Coventry’s newest Medicare Prescription Drug Plan, First ...
  • 15y agoCVHA.M. Best Withdraws Ratings of Mercy Health Plans, Inc. and Mercy Health Plans of Missouri, Inc. Due to MergersBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has withdrawn the financial strength rating of B+ (Good) and issuer credit ratings of “bbb-” of Mercy Health Plans and Mercy Health Plans of Missouri, Inc. (both Chesterfield, MO), following the mergers of Mercy Health Plans into Coventry Health and Life Insurance Company and Mercy Health Plans of Missouri, Inc. into Group Health Plan, Inc., effective ...
  • 15y agoCVHA.M. Best Assigns Ratings to Coventry Health Care Inc.’s New Senior Unsecured NotesBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has assigned a debt rating of “bbb-” to the $600 million 5.45% senior unsecured notes, due 2021, recently issued by Coventry Health Care Inc. (Coventry) (Bethesda, MD) (NYSE: CVH). The assigned outlook is stable. The existing ratings of Coventry and its subsidiaries are unchanged.
  • 15y agoCVHCoventry Health Care Reports First Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter ended March 31, 2011. Operating revenues totaled $3.0 billion for the quarter with net earnings of $110.2 million, or earnings per diluted share (EPS) of $0.74. These results include EPS of $0.08 from the Medicare Advantage Private Fee-for-Service (MA-PFFS) product.
  • 15y agoCVHA.M. Best Revises Outlook to Stable for Coventry Health Care, Inc. and Its SubsidiariesBusiness WireOLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best Co. has revised the outlook to stable from negative and affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of the majority of health care subsidiaries of Coventry Health Care, Inc. (Coventry) (Delaware) (NYSE: CVH). At the same time, A.M. Best has revised the outlook to stable from negative and affirmed the ICR of “bbb-” and all ...
  • 15y agoCVHCoventry Health Care Reports Fourth Quarter EarningsBusiness WireBETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE: CVH) today reported consolidated operating results for the quarter and fiscal year ended December 31, 2010. Operating revenues totaled $3.0 billion for the quarter with net earnings of $150.3 million, or $1.01 earnings per diluted share (EPS). These results include a favorable impact from the Medicare Advantage Private Fee-for-Servi ...
  • 15y agoCVHCoventry Health Care of Florida Launches Innovative Health Care PlansBusiness WireTAMPA, Fla.--(BUSINESS WIRE)--Coventry Health Care of Florida (NYSE: CVH) is first to the greater Tampa market with a portfolio of hybrid PPO (preferred provider organization) health care plans that blend the best features of traditional co-pay based plans with the freedom and affordability of consumer-directed plans. Coventry’s Sunny Joe products are the only health plans in the Tampa area with t ...