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Coventry Health Care Completes Sale of First Health Services Corporation Subsidiary

 

Saturday, Aug 01,2009, 11:40:10 AM   Click:

BETHESDA, Md.--(BUSINESS WIRE)-- Coventry Health Care, Inc. (NYSE:CVH) announced today that it has completed its previously announced divestiture of First Health Services Corporation (FHSC) to Magellan Health Services, Inc.

Coventry Health Care (www.coventryhealthcare.com) is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and workers' compensation services companies. 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.



Coventry Health Care

Shawn M. Guertin

Chief Financial Officer

301-581-5701

or

Drew Asher

SVP, Corporate Finance

301-581-5717



Source: Coventry Health Care, Inc.

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