Coventry's Workers' Comp Business May Be a Tough Sell for Aetna

By Peter MantiusNorthern Bureau ChiefAetna Inc. will find a very limited pool of interested potential buyers for the workers’ compensation arm of its Coventry Health Care Inc. unit that it now wants to sell, a managed-care expert predicted Wednesday. Coventry’s provider network is one of the largest in the workers’ compensation industry and highly profitable, but it’s been losing customers, and the substantial cash flow it produces is in decline, said Joe Paduda, publisher of Managed Care Matters. The news agency Reuters reported Tuesday that Aetna, the nation...