Kansas Insurance Companies Respond to Merger Questions at Public Hearing

Officials from Wichita, Kan.-based Preferred Health Systems and Bethesda, Md.-based Coventry Health Care answered questions from the Kansas Insurance Department and members of the public at a hearing regarding PHS’s possible sale to Coventry, according to the Wichita Business Journal.

Advertisement

Michael Murphy, CEO of Coventry Health Care of Kansas, assured attendees at the hearing that Coventry would honor all 2010 contracts made by PHS, including agreements with Wichita area hospitals Galichia Heart Hospital, Via Christi Regional Medical Center and Wesley Medical Center.

According to the report, no changes in PHS management had been confirmed, but it was believed that Brad Clothier will remain as CEO.

Via Christi, the parent company of PHS, and Coventry said in the report that the merger would create a stronger insurance company for the region, according to the report.

Read the Business Journal’s report on PHS’s sale to Coventry Health Care.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Executive Moves

  • Becker’s has reported the following hospital and health system COO moves since July 1, including leaders promoted within their organizations…

  • Hospital and health system CIOs across the U.S. have made a flurry of leadership moves, including new appointments, promotions and…

Advertisement

Comments are closed.