Add-on Acquisition • Healthcare Services

Coventry Health Care Acquires QualChoice of Virginia Health Plan

On September 4, 2001, Coventry Health Care acquired healthcare services company QualChoice of Virginia Health Plan

Acquisition Context
  • This is Coventry Health Care’s 3rd transaction in the Healthcare Services sector.
  • This is Coventry Health Care’s 5th transaction in the United States.
  • This is Coventry Health Care’s 2nd transaction in Vermont.

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M&A Deal Summary

Date September 4, 2001
Target QualChoice of Virginia Health Plan
Sector Healthcare Services
Buyer(s) Coventry Health Care
Deal Type Add-on Acquisition

Target Company

QualChoice of Virginia Health Plan

Vermont, United States
QualChoice of Virginia Health Plan, Inc. is a provider of healthcare services.
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Buyer Overview 1

Buyer

Coventry Health Care

Bethesda, Maryland, United States

Category Company
Founded 1986
Sector Insurance
Employees14,400
DESCRIPTION

Coventry Health Care, Inc. is a managed health care company that provides a wide range of health benefits and services to a broad cross section of employer and government-funded groups.


Deal Context for Buyer #
Overall 5 of 15
Sector: Healthcare Services 3 of 7
Type: Add-on Acquisition 5 of 14
State: Vermont 2 of 2
Country: United States 5 of 15
Year: 2001 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-01-01 Southern Health Services

Richmond, Vermont, United States

Southern Health Services, Inc. is a provider of healthcare services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-01 PersonalCare Insurance of Illinois

Champaign, Illinois, United States

PersonalCare Insurance of Illinois, Inc. is a provider of health insurance products.

Buy -