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Jan
15

Coventry’s (health, Medicaid) results and plans

Dale Wolf CEO and President of Coventry, gave a 20+ minute overview of the company’s results for 2005 and plans for 2006 at an investor conference last week in San Francisco. The entire call can be heard until mid April 2006.
Wolf was notably proud of the results Coventry has delivered and the disciplined culture that in his view has been key to the company’s success. He noted that Coventry is now established as a national player – with local health plans in central and south Atlantic and central Midwestern states, the rest of the states are PPO via First Health. In total there are 17 plans in 20 states, 2.5 million members, and these plans derive 75% of revenues from commercial, rest from Medicare and Medicaid. Wolf made one brief mention of Coventry’s Consumer Directed Health Plans


Joe Paduda is the principal of Health Strategy Associates

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A national consulting firm specializing in managed care for workers’ compensation, group health and auto, and health care cost containment. We serve insurers, employers and health care providers.

 

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