Aetna Completes Acquisition of Coventry Health Care, Inc.

 

Transcript

Hello. I’m Mark Bertolini, Chairman, CEO and President of Aetna. I am very pleased to announce that we have completed our acquisition of Coventry Health Care.

Coventry presents new opportunities for Aetna. We now have greater depth and breadth in our core insurance business. And with a complementary geographic footprint, Coventry allows us to expand our relationships with local providers in important new markets.

Likewise, Coventry benefits from joining Aetna. We bring more than 160 years of experience, a strong financial position, a well-recognized brand and the same dedication to empowering people to live healthier lives. Most importantly, we share a commitment to providing high quality, affordable health care solutions to the people who depend on us.

By acquiring Coventry, we have created a company that is better positioned to grow and lead change in a dynamic health care environment.

As a combined company, we are stronger competitively, strategically and financially. We are better positioned to meet the evolving needs of the people we serve. Now we will be able to offer our products and services to more people across the U.S. and overseas. 

Over the course of the next three years, we will be working hard to bring our two organizations together. While this is a complex process, we are committed to ensuring that our integration is as seamless as possible.

This is an exciting and inspiring time to be part of Aetna. Together with Coventry, we are ready to lead the transformation of the U.S. health care industry.