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MD-based Coventry Health Care to buy Preferred Health Systems
Washington Post, October 6, 2009
Bethesda, MD-based Coventry Health Care announced that it has agreed to acquire health plan Preferred Health Systems of Wichita, a move that would boost the managed-care provider's presence in the Midwest.
Under the deal, Coventry would add Preferred Health's roughly 100,000 members to its rolls, giving it more than 1 million members in six Midwestern states, Coventry chief executive Allen F. Wise said in a statement.
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