Coventry Health Care, Inc. (NYSE:CVH) announced today that it has completed its previously announced divestiture of First Health Services Corporation (FHSC) to Magellan Health Services, Inc.

Coventry Health Care (www.coventryhealthcare.com) is a diversified national managed healthcare company based in Bethesda, Maryland, operating health plans, insurance companies, network rental and workers’ compensation services companies. 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.

Coventry Health Care
Shawn M. Guertin
Chief Financial Officer
301-581-5701
or
Drew Asher
SVP, Corporate Finance
301-581-5717