CorVel

CorVel Corp. engages in the provision of workers' compensation solutions for employers, third party administrators, insurance companies, and government agencies. It operates through the Managed Care segment. The company was founded by V. Clemons Gordon Sr. in 1987 and is headquartered in Irvine, CA.

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CorVel reports strong Q3 earnings, invests in AI technologies

CorVel's Q3 performance reflects growth in revenues and earnings, supported by a focus on quality and consistency in operations.
The company's strengths lie in industry recognition, stable financial foundation, and successful investments in system enhancements.
Challenges include market sensitivity, mental health impacts, and the need for ongoing digital transformation refinement.
Opportunities exist in AI-driven solutions, automation, and efficiency improvements to drive future growth and competitiveness.

CorVel reports robust Q3 earnings, invests in AI solutions

CorVel's Q3 2024 performance reflects strong revenue growth and profitability, driven by successful initiatives in key market segments.
Strategic investments in technology and workforce optimization underscore the company's commitment to innovation and operational excellence.
Challenges in transaction volume and staffing highlight areas for improvement, while opportunities in AI solutions and mental health initiatives offer avenues for future growth.

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CorVel Corp. engages in the provision of services to employers and payors in the risk management and insurance services arenas, including workers' compensation, general liability, auto liability, and hospital bill auditing and payment integrity. It operates through the Patient Management Services and Network Solutions Services segments. The Patient Management Services segment includes claims administration, utilization review, medical case management, and vocational rehabilitation. The Network Solutions Services segment consists of fee schedule auditing, hospital bill auditing, coordination of independent medical examinations, diagnostic imaging review services, and preferred provider referral services. The company was founded by V. Clemons Gordon Sr. in 1987 and is headquartered in Fort Worth, TX.

Employees Cite Justice, Leadership Behavior, and Engagement as Factors Contributing to an Outstanding Workplace Experience Employees Cite Justice, Leadership Behavior, and Engagement as Factors Contributing to an Outstanding Workplace Experience

CorVel Recognized as a Great Place to Work® Certified Company

New platform for enterprise and mid-market-size organizations drives invoice automation New platform for enterprise and mid-market-size organizations drives invoice automation

Symbeo, Inc. launches latest solution for today's AP challenges

Rapidly Growing Payment Integrity Firm Offers New Solutions in DRG Validation, Data Mining and More

CERIS Expands Services and Rebrands

CorVel Corporation (NASDAQ:CRVL ) Q2 2022 Results Conference Call November 1, 2022 11:30 AM ET Company Participants Michael Combs - President and Chief Executive Officer Brandon O'Brien - Chief Financial Officer Conference Call Participants Operator Thank you for standing by. Welcome to the CorVel Corporation Quarterly Earnings Release Webcast.

CorVel Corporation (CRVL) Q2 2022 Earnings Call Transcript

FORT WORTH, Texas, Oct. 18, 2022 (GLOBE NEWSWIRE) -- About CorVel

CorVel Announces Quarterly Earnings Release Webcast

US Insurance Award Recognizes Their Innovative Solution for Managing Return-to-Work and Temporary Total Disability US Insurance Award Recognizes Their Innovative Solution for Managing Return-to-Work and Temporary Total Disability

Bass Pro and CorVel Named Risk Management Team of the Year by Business Insurance

James Contos, Mark Johnson Named Senior Vice Presidents James Contos, Mark Johnson Named Senior Vice Presidents

Payment Integrity Leader CERIS Promotes Two Executives to Senior Management Roles

Company is Leader in Payment Integrity Solutions

CERiS White Paper Highlights Advantages of Pre-Payment Claims Review

Company Offers Leading Solutions for Healthcare Payment Reviews Company Offers Leading Solutions for Healthcare Payment Reviews

CERiS Names Greg Dorn President

FORT WORTH, Texas, Aug. 09, 2022 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has received a 2022 Innovation of the Year award from Business Insurance  for  CogencyIQ , a complete workers' compensation and liability claims management service that uses cutting-edge analytics to produce a broad range of intelligent, actionable insights. This is the third consecutive year that CorVel has been recognized for its innovative products and services that support professional risk managers.

Business Insurance Names CorVel's CogencyIQ an Innovation of the Year

CorVel Corporation (NASDAQ:CRVL ) Q1 2022 Results Earnings Conference Call August 3, 2022 11:30 AM ET Company Participants Michael Combs - President and Chief Executive Officer Brandon O'Brien - Chief Financial Officer Conference Call Participants Operator Thank you for standing by. Welcome to the CorVel Corporation Quarterly Earnings Release Webcast.

CorVel Corporation (CRVL) CEO Michael Combs on Q1 2022 Results - Earnings Call Transcript

While COVID claims decreased, report shows an increase in overall claims in 2021 While COVID claims decreased, report shows an increase in overall claims in 2021

New Analysis from CorVel Highlights the Impact of COVID-19 on Workers' Compensation Claims

CorVel Corporation (NASDAQ:CRVL ) Q4 2022 Earnings Conference Call May 26, 2022 11:30 AM ET Company Participants Michael Combs - President & Chief Executive Officer Brandon O'Brien - Chief Financial Officer Conference Call Participants Operator Thank you for standing by. Welcome to the CorVel Corporation Quarterly Earnings Release Webcast.

CorVel Corporation (CRVL) CEO Michael Combs On Q4 2022 Results - Earnings Call Transcript

FORT WORTH, Texas, May 12, 2022 (GLOBE NEWSWIRE) -- About CorVel

CorVel Announces Fiscal Year Earnings Release Webcast

The new functionality in CareMC Edge® assesses multiple factors to determine a claim risk score, helping claims professionals proactively address potential issues and positively impact overall outcomes

CorVel Releases the New Integrated Claims Risk Score for Workers' Compensation Claims, Leveraging Artificial Intelligence and Predictive Analytics

Presentation at PARMA highlights program benefits for public agencies and their employees Presentation at PARMA highlights program benefits for public agencies and their employees

CorVel's Critical Incident Stress Debriefing Program Offers Proactive Approach to Mental Health for Employees After Experiencing Traumatic Events

FORT WORTH, Texas, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Symbeo, a CorVel company, specializing in cloud technology and Software as a Service by providing global invoice solutions to organizations across all industries, has appointed Tomika A. Russell as President of the company. Russell brings over 20 years of leadership experience to Symbeo with a focus on building high-performing teams and creating customer value.

Symbeo Names Tomika A. Russell President

FORT WORTH, Texas , Feb. 02, 2022 (GLOBE NEWSWIRE) -- CorVel, a national provider of risk management solutions, has named Jeff Gurtcheff as Vice President of Enterprise Comp. With more than 30 years of experience, Gurtcheff brings a deep understanding of the industry with strategic leadership and management expertise.

CorVel Appoints Jeff Gurtcheff Vice President of Enterprise Comp

CorVel Corporation (CRVL) CEO Michael Combs on Q3 2022 Results - Earnings Call Transcript

CogencyIQ helps risk managers and claims professionals navigate increasingly complex claims and massive amounts of data to improve outcomes for injured workers CogencyIQ helps risk managers and claims professionals navigate increasingly complex claims and massive amounts of data to improve outcomes for injured workers

CorVel Launches New Workers' Compensation and Liability Solution, Leveraging Artificial Intelligence and Predictive Analytics

CorVel Corporation's (CRVL) CEO Michael Combs on Q2 2021 Results - Earnings Call Transcript

President and CEO Michael Combs to Participate in Keynote Panel President and CEO Michael Combs to Participate in Keynote Panel

CorVel to Present at the National Workers Compensation and Disability Conference, Focusing on the Future of Telehealth and a Proactive Approach to Patient Care

Gordon Clemons, Chairman The Board at Corvel (NASDAQ:CRVL), made a large insider sell on October 8, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Friday showed that Clemons sold 6,000 shares of Corvel at prices ranging from $167.71 to $175.36.

Chairman The Board Of Corvel Sold $1.0M In Stock

Partnership enhances risk management strategies and improves outcomes for Staples,  Oklahoma City, and Hoag Memorial Hospital

Risk & Insurance Names Three CorVel Partners as 2021 All-Star Risk Managers

FORT WORTH, Texas, Sept. 22, 2021 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, has been recognized by Business Insurance as a winner of the 2021 Innovation Awards for its Virtual Functional Restoration Services, a unique approach to pain management for injured workers. The awards program, now in its 12th year, recognizes innovation in products and services provided to professional risk managers.

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