Coventry Health Care Raises 2007 Diluted EPS Guidance Range to $3.92 to $3.98.Will Speak at the Lehman Brothers Global Healthcare Conference BETHESDA, Md. -- Coventry Health Care Coventry Health Care, Inc. (Coventry) (NYSE: CVH) is a managed health care company in the United States. On February 8th of 2007 Coventry agreed to acquire Concentra's Workers Compensation Managed Care Services Businesses. External links
See: New York Stock Exchange :CVH CVH Helicopter Carrier CVH Compound-valve-angle Hemispherical Combustion-chamber (Ford cylinder head design and family of engines) CVH Compound Valve Angle Hemispheral Combustion Chamber CVH continuous venous hemodialysis ) announced today that Shawn Guertin, Chief Financial Officer, is scheduled to present at the Lehman Brothers Tenth Annual Global Healthcare Conference in Miami, Florida, at 3:45 p.m. ET on Monday, March 19, 2007. The public may access a live webcast of the presentation and accompanying slides on the Investor Relations Investor relations The process by which the corporation communicates with its investors. page of Coventry's website at www.cvty.com. A replay will be available at the same website following the presentation until Monday, March 26, 2007. During investor meetings in the next two weeks, Coventry intends to discuss business developments that have occurred since the February 9th earnings conference call including: [TABLE OMITTED] Furthermore, as previously disclosed, Coventry conducted the following capital structure activities in the first quarter of 2007: [TABLE OMITTED] Incorporating these events, Coventry is revising guidance as follows: Revised 2007 Full Year Guidance [TABLE OMITTED] This press release contains forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements are defined as statements that are not historical facts and include those statements relating to future events or future financial performance. Actual performance may be significantly impacted by certain risks and uncertainties, including those described in Coventry's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2006. Coventry undertakes no obligation to update or revise any forward-looking statements. Coventry Health Care (www.cvty.com) is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and workers' compensation services companies. Through its Commercial Business, Individual Consumer & Government Business, and Specialty Business Divisions, 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. |
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