The BusinessWeek 50 Ranking
38
Coventry Health Care
MANAGED-CARE company Coventry is thriving in a business otherwise dominated by a handful of big players. An emphasis on cost control has yielded 12% operating margins, among the best in the industry. Last year, the Bethesda (Md.) insurer spent $1.8 billion to buy First Health Group Corp., giving it a national provider network of 4,500 hospitals and 450,000 doctors and clinics, as well as an entrée into managing workers’ comp claims. Coventry has about 500,000 clients in Medicare drug plans, but it only dipped a toe into consumerdirected health care. “Everything in moderation,” emphasizes Wolf.
Company Info |
|
| 2005 Rank | -- |
| GET MORE COMPANY INFO | CVH |
| Market Value $ Million | 9,685.6 |
| Total Return $ Million | (1-yr.) 41.7
(3-yr.) 373.5 |
| 2005 Sales $ Billion | 6.6 |
| Sales Growth $ Million | (1-yr.) 24
(3-yr.) 22.2 |
| Long-Term Growth Est. % | 15.0 |
| Net income $ Million | 501.6 |
| Net Income Growth $ Million | (1-yr.) 49
(3-yr.) 49.3 |
| Net Margin %* | 7.6 |
| Return on Inv. Capital (%)* | 15.1 |
| Share Price 12-Mo. Hi/Lo | 62/41 |
| P/E Ratio | 19 |
| Industry | Health Care Equipment & Services |
| CORPORATE WEB SITE | |
