Coventry Health Care Inc. is ranked third in the health insurance and managed care category of FORTUNE magazine’s list of “World’s Most Admired Companies” for 2013. This prestigious ranking, which is released annually, is considered the definitive report card on corporate reputations.
“This recognition is a testament to the hard work of our employees and of Coventry’s ability to provide excellent service and value to our clients, providers and members in a changing health care landscape,” said Allen F. Wise, chairman and chief executive officer of Coventry. “We are very pleased to be among the leaders on such a distinguished list.”
To create the World’s Most Admired lists, FORTUNE’s survey partners, The Hay Group, surveyed approximately 15,000 senior executives, directors, and other industry leaders to rate companies in their industry based on nine criteria:
- Wise use of corporate assets
- Financial soundness
- Long-term investment value
- Quality of management
- Quality of products or services
- Ability to attract and retain talented people
- Social responsibility to the community and the environment
- Effectiveness in doing business globally
Coventry has been listed among the top 10 companies in health insurance and managed care since 2006.About Coventry Health Care Coventry Health Care ( www.coventryhealthcare.com) is a diversified national managed health care company based in Bethesda, Maryland, dedicated to delivering high-quality health care solutions at an affordable price. Coventry provides a full portfolio of risk and fee-based products including Medicare and Medicaid programs, group and individual health insurance, workers’ compensation solutions, and network rental services. With a presence in every state in the nation, Coventry’s products currently serve approximately five million individuals helping them receive the greatest possible value for their health care investment.