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Coventry Now Owns Mutual Of Omaha Businesses

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A midsize managed care company has completed a previously announced acquisition.

Coventry Health Care Inc., Bethesda, Md., says it has closed on a deal to buy some group health insurance operations from Mutual of Omaha Insurance Company, Omaha, Neb.

The deal includes commercial employer group health accounts in Iowa and Nebraska as well as Mutual of Omaha’s national Federal Employees Health Benefits administration business, Coventry says.