+Vote!
Boston Globe (Free subscription) | yesterday
Health insurer Coventry Health Care Inc. said Friday its second-quarter profit fell 45 percent as medical costs climbed, particularly in Medicare Advantage plans.
+Vote!
Market Watch (Free subscription) | yesterday
Coventry Health Care Inc.’s second-quarter earnings were cut in half, the company reports, but revenue jumped by more than 21%, as the health insurer struggled to deal with rising medical costs.
+Vote!
Market Watch (Free subscription) | yesterday
NEW YORK (MarketWatch) -- Coventry Health Care Inc. said Friday that its second-quarter earnings were $83.2 million, or 55 cents a share, compared to $151.3 million, or 96 cents a share, in the same period last year. Operating revenue was $2.98 billion, vs $2.33 billion. FactSet analysts, on average, expected Coventry to earn $1.05 a share on revenue of $2.98 billion. For the third quarter Coventry...
1Vote!
Business Wire (Free subscription) | 07/18/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List – Stocks to Sell Now.
+Vote!
Business Wire (Free subscription) | 06/27/2008
BETHESDA, Md.--(BUSINESS WIRE)--Coventry Health Care, Inc. (NYSE:CVH) announced today that it will release second quarter financial results on Friday, July 25, 2008. Dale Wolf, Coventry
+Vote!
Business Wire (Free subscription) | 06/25/2008
CHICAGO--(BUSINESS WIRE)--Zacks Equity Research highlights Cytori Therapeutics, Inc. (Nasdaq: CYTX) as the Bull of the Day and Georgia Gulf (NYSE: GGC) as the Bear of the Day.
2Vote!
Medical News Today (Free subscription) | 06/23/2008
Stock prices for UnitedHealth, WellPoint and other U.S. health insurers declined Thursday after an announcement by Coventry Health Care that it had lowered its earnings estimates for the second quarter and the full year after reporting that it had underestimated claims in Medicare plans, Bloomberg reports.
1Vote!
Market Watch (Free subscription) | 06/23/2008
WASHINGTON (MarketWatch) -- Medco Health Solutions Inc. is in line to provide Medicare pharmacy services for Coventry Health Care Inc. starting Jan. 1, 2009, the companies said. Coventry Health's Medicare programs cover some 1 million managed-care members, with their drug spending exceeding $2 billion a year. Franklin Lakes, N.J.-based Medco and Bethesda, Md.-based Coventry Health must still negotiate...
+Vote!
Teresa Lo | InVivoAnalytics.com (Free subscription) | 06/20/2008
We recently wrote about weakness in the major drugs industry. On Wednesday, another healthcare-related industry — insurance, accident and health — saw downside pressure after Coventry Health Care Inc (CVH) made a surprise announcement that it was lowering its guidance 46% for the second quarter. Trading Ideas for Thursday featured a couple of insurance companies [...]