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Coventry Health Care, Inc. is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and workers? compensation services companies. Through the Company?s Health Plan and Medical Services Business, Specialized Managed Care Business, and Workers? Compensation Business divisions, it provides a range of risk and fee-based managed care products and services to a range of individuals, employer and government-funded groups, government agencies, and other insurance carriers and administrators. In July 2009, the Company announced that it has completed its previously announced divestiture of First Health Services Corporation (FHSC) to Magellan Health Services, Inc. On February 1, 2010, the Company completed the acquisition of Preferred Health Systems, Inc.

6:00:01 AM 7/8/2010
Outcomes Health Information Solutions Hires New SVP & Chief Operating Officer
ALPHARETTA, Ga., Jul 08, 2010 (BUSINESS WIRE) -- Outcomes Health Information Solutions, LLC, a leading healthcare data abstraction and analytics company, today named Hassan Rifaat, M.D., as the new Senior Vice President and Chief Operating Officer. "We are excited to have Dr. Rifaat join our organization. As a physician with over 20 years of senior level experience with leading national healthcare organizations, Dr. Rifaat will bring additional experience, ideas and knowledge to our operations and clinical team," says Outcomes' CEO, Gary Velasquez. "Having a physician as our SVP & COO demonstrates Outcomes' commitment to superior clinical abstraction quality and business operations, strengthening our platform for continued growth."

5:58:17 PM 7/2/2010
Coventry to acquire insurance subsidiary
Jul 02, 2010 (The Joplin Globe - McClatchy-Tribune Information Services via COMTEX) -- Coventry Health Care has signed an agreement with Sisters of Mercy Health System to acquire ownership of Mercy Health Plans, a health insurance subsidiary with 180,000 enrolled members in Missouri and Arkansas.

2:09:34 PM 7/2/2010
Sisters of Mercy sells health insurance business to Coventry
Jul 01, 2010 (St. Louis Post-Dispatch - McClatchy-Tribune Information Services via COMTEX) -- Gathering cash to expand its hospital operations, the Sisters of Mercy Health System has sold its insurance subsidiary to Maryland-based Coventry Health Care Inc.

10:00:00 AM 7/2/2010
Coventry Health Care to Release Second Quarter 2010 Financial Results
BETHESDA, Md., Jul 02, 2010 (BUSINESS WIRE) -- Coventry Health Care, Inc. (CVH) announced today that it will release second quarter 2010 financial results on Friday, July 30, 2010. Allen Wise, Coventry's Chief Executive Officer, will be hosting a conference call at 8:30 a.m. ET on that day. To listen to the call, dial toll-free at (888) 587-0615 or, for international callers, (719) 325-2432. Callers will be asked to identify themselves and their affiliations.

9:18:00 AM 7/2/2010
Coventry Health Care to Record a One-Time, Non-Recurring Charge Related to Class Action Lawsuit
BETHESDA, Md., Jul 02, 2010 (BUSINESS WIRE) -- Coventry Health Care, Inc. (CVH) announced today that the Court Of Appeal, Third Circuit for the State of Louisiana has affirmed the trial court's decision to grant summary judgment against First Health Group Corp., Inc. (a wholly-owned subsidiary of Coventry) for $262 million in previously-disclosed provider class action litigation in Louisiana state court. The suit involves claims of alleged violations of notice provisions of Louisiana's Any Willing Provider Act in connection with providers providing services to injured workers with workers' compensation claims and is described in more detail in Coventry's Annual Report on Form 10-K for the year ended December 31, 2009 and in the Quarterly Report on Form 10-Q for the quarter ended March 31, 2010.

4:44:00 PM 7/1/2010
U.S. stocks slump on economic pessimism
Shares end off earlier lows but still well in the red after reports on joblessness, manufacturing and housing fuel concern about the economy ahead of the key monthly employment report.