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Coventry To Acquire Illinois Managed Care Company

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NU Online News Service, Dec. 19, 9:55 a.m. – Coventry Health Care Inc., Bethesda, Md., has agreed to buy PersonalCare Health Management Inc. from Provena Health, Mokena, Ill., for $18 million in cash.

PersonalCare provides major medical coverage for 78,000 fully insured commercial members in central and southern Illinois.

Provena, which represents six nonprofit Catholic hospitals, will continue to participate in the PersonalCare provider network if the deal is completed, Coventry says.