Coventry Health Care (NYSE: CVH) is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and workers' compensation services companies. Through its Commercial Business, Individual Consumer & Government Business, and Specialty Business divisions, Coventry provides a full range of risk and fee-based managed care products and services to a broad cross section of individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators.
What makes Coventry unique in the competitive health benefit marketplace is our focus on doing the basics of business better than other companies by maintaining financial security, upholding high quality standards, promoting provider choice, providing superior customer service and being innovative in all areas of business. We commit to doing all of this with the highest degree of integrity.
>Barron's 500 - 2002 through 2007: Barron's is The Dow Jones Business and Financial Weekly. Each year, Barron's grades the 500 largest publicly traded U.S. and Canadian companies (measured by sales), with evaluation methodology that includes a proprietary measurement tool: "cash flow return on investment" (CFROI).
>Business Week 50 - 2006 and 2007: When Coventry was first named to the Standard & Poor's 500 Index in 2005, it became eligible for consideration in Business Week's annual listing of top performing S&P 500 companies. Coventry indeed earned Business Week's recognition in 2006, and then returned to the publication's select list in 2007 ... this time as the lone managed health care company appearing.
>Forbes Platinum 400 - 2002 through 2008: The Forbes Platinum 400 identifies "The Best Big Companies in America" from a universe of publicly traded companies with revenues of at least $1 billion. In naming corporations to the Platinum 400, Forbes evaluates both the long-term and short-term results of those organizations.
>Fortune 500 - 2002 through 2007 For nearly 50 years, Fortune magazine's lists of the country's largest corporations have been a measure of corporate leadership and achievement. Coventry was selected for the Fortune 500 list for the first time in April, 2002. In the 2007 edition, Coventry's position was elevated to the rank of #313. Among all Fortune 500 companies, Coventry was also cited in the 2007 edition as having ranked #14 for highest total return to shareholders over the prior five-year period.
>Wall Street Journal 1000 - 2003 through 2007: In its twelfth annual Shareholder Scoreboard, The Wall Street Journal again named Coventry to its list, and ranked the company #5 based on five-year performance among all health plans nationally.