Coventry Health Care to Implement GeoAccess Online Provider Directory Service.Business Editors/Health & Medical Writers BETHESDA, Md.--(BUSINESS WIRE)--March 15, 2000 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
The online directories will be available in all Coventry health plans within 90 days. "GeoAccess' ProviderLookup Online service is the next step in a series of strategic initiatives that will deliver a broad range of services to our customers via the Internet," said Allen F. Wise, president and chief executive officer of Coventry Health Care. "This agreement allows us to expand the provider directory services available on the Internet to include provider lookup and advanced search capability with sophisticated mapping functionality for all of our health plans." With ProviderLookup Online, Coventry members will be able to look up current healthcare provider information 24 hours a day, seven days a week. ProviderLookup Online uses GeoAccess' proprietary distance-calculation technology, which provides precise results about the providers located closest to an individual's address. Coventry members will be able to search for providers by name, geographic proximity or specific criteria, such as specialty, gender and languages spoken. "We are delighted to include Coventry among our leading managed care customers. We are confident that our powerful physician search engine will be able to greatly expand Coventry's online services to its member, provider and broker customers and add significant value to their entire customer service operations," Tom Lauerman, GeoAccess co-founder and partner said. About Coventry Health Care Coventry Health Care is a managed health care company based in Bethesda, Maryland Bethesda is an urbanized, but unincorporated, area in southern Montgomery County, Maryland, just Northwest of Washington, D.C. It takes its name from a church located there, the Bethesda Presbyterian Church, built in 1820 and rebuilt in 1850, which in turn took its name from operating health plans and insurance companies under the names Coventry Health Care, Coventry Health and Life, HealthAmerica, HealthAssurance, HealthCare USA, Group Health Plan, Southern Health, SouthCare and Carelink Health Plans. The Company provides a full range of managed care services including HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, , PPO PPO abbr. preferred provider organization PPO Managed care Preferred provider organization, see there Infectious disease Pleuropneumonia-like organism, see there , POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , Medicare Risk and Medicaid products to 1.5 million members in a broad cross section of employer and government-funded groups in 15 markets throughout the Midwest, Mid-Atlantic and Southeast United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . More information on Coventry is available on the Internet at www.cvty.com. About GeoAccess Founded in 1990, GeoAccess provides technology for more than 800 clients, including managed care organizations, large employers, benefits consulting firms and regulatory agencies regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. . In addition to processing over 250 million online directory hits per year, GeoAccess collects and processes more than 30 million provider records each month from hundreds of managed care organizations. The company has been named one of the nation's fastest growing private companies by Inc. magazine for three consecutive years and is the recipient of numerous technology awards. GeoAccess' Web site is located at www.geoaccess.com. 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. These statements relate to future events or future financial performance and may be significantly impacted by certain risks and uncertainties described in Coventry Health Care'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, 1998 filed with the Securities and Exchange Commission. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion