CorVel Corporation provides workers' compensation, auto, liability, and health solutions for employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, facility claim review, professional review, pharmacy services, directed care services, Medicare solutions, clearinghouse services, independent medical examinations, and inpatient medical bill review. It also provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company was incorporated in 1987 and is headquartered in Fort Worth, Texas.
IPO Year:
Exchange: NASDAQ
Website: corvel.com
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
4 - CORVEL CORP (0000874866) (Issuer)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
SC 13G/A - CORVEL CORP (0000874866) (Subject)
FORT WORTH, Texas, Nov. 29, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announces V. Gordon Clemons is electing to retire as a member of the Company's Board of Directors (the "Board") and as Chairman of the Board, effective November 26, 2024, after 37 years of service. Clemons founded CorVel Corporation in 1988 and has served as Chairman of the Board since the Company went public in 1991. Effective upon Clemons' retirement, Michael G. Combs, the Company's President and Chief Executive Officer, was appointed as the new Chairman of the Board. Clemons has been an advisor to Combs since 2017, and he will continue to be available to Combs as an outside consultant. "Building CorVe
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. As Vice President of Enterprise Comp, Gurtcheff will refine product vision and strategy related to corporate goals and manage resources responsible for regulatory compliance, claims handling, quality, and standards and procedures. His position will also support product line profit growth by developing improved processes, risk management practices, and analytical reporting.
8-K - CORVEL CORP (0000874866) (Filer)
8-K - CORVEL CORP (0000874866) (Filer)
8-K - CORVEL CORP (0000874866) (Filer)
8-K - CORVEL CORP (0000874866) (Filer)
10-Q - CORVEL CORP (0000874866) (Filer)
8-K - CORVEL CORP (0000874866) (Filer)
8-K - CORVEL CORP (0000874866) (Filer)
10-Q - CORVEL CORP (0000874866) (Filer)
8-K - CORVEL CORP (0000874866) (Filer)
ARS - CORVEL CORP (0000874866) (Filer)
FORT WORTH, Texas, Feb. 04, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announced the results for the quarter ended December 31, 2024. Revenues for the quarter were $228 million, an increase from $202 million in the December quarter of 2023. Earnings per share for the quarter were $0.46, compared to $0.33 in the same quarter of the prior year. Revenues for the nine months ended December 31, 2024 were $664 million, an increase from $588 million during the nine months ended December 31, 2023. Earnings per share for the nine months ended December 31, 2024 were $1.32, compared to $1.09 during the nine months ended December 31, 2023. The earnings per share numbers for the current
FORT WORTH, Texas, Dec. 24, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) today announced the effectiveness of a three-for-one forward stock split, along with a proportionate increase in the number of authorized shares of its common stock to accommodate the stock split. The Company filed an amendment to its Fourth Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the stock split and proportionate increase in the number of authorized shares of its common stock. The amendment will be effective on December 24, 2024. As a result of the stock split, every one share of common stock outstanding or held in treasury on Dec
FORT WORTH, Texas, Dec. 13, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announces that its Board of Directors approved a three-for-one forward stock split of its common stock. The Board also approved a proportionate increase in the number of authorized shares of common stock to accommodate the stock split. The Board did not approve an increase in the number of authorized shares of preferred stock. The implementation of the stock split and authorized share increase is subject to the filing of an amendment to the Company's Fourth Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware, which the Company expects to file on Decemb
FORT WORTH, Texas, Nov. 29, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announces V. Gordon Clemons is electing to retire as a member of the Company's Board of Directors (the "Board") and as Chairman of the Board, effective November 26, 2024, after 37 years of service. Clemons founded CorVel Corporation in 1988 and has served as Chairman of the Board since the Company went public in 1991. Effective upon Clemons' retirement, Michael G. Combs, the Company's President and Chief Executive Officer, was appointed as the new Chairman of the Board. Clemons has been an advisor to Combs since 2017, and he will continue to be available to Combs as an outside consultant. "Building CorVe
FORT WORTH, Texas, Nov. 05, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announced the results for the quarter ended September 30, 2024. Revenues for the quarter were $224 million, an increase from $196 million in the September quarter of 2023. Earnings per share for the quarter were $1.35, compared to $1.15 in the same quarter of the prior year. Revenues for the six months ended September 30, 2024 were $436 million, an increase from $386 million during the six months ended September 30, 2023. Earnings per share for the six months ended September 30, 2024 were $2.60, compared to $2.29 during the six months ended September 30, 2023. Second Quarter Fiscal Year 2025 Highlights
FORT WORTH, Texas, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Today, CERIS, a CorVel Company, has announced advancements to its current Fraud, Waste, and Abuse (FWA) solutions, including earlier detection capabilities and improved behavioral analytics. These new integrations and services will expand on CERIS' current FWA offering for customers as they navigate a complex healthcare industry and work to better manage and mitigate prevalent fraud and risk issues in today's landscape. Through identity and behavioral analytics, scanners, dashboards, reporting, and FWA consulting, CERIS' enhanced solutions are automating detection and errors in billing to aid payers in prevention and remediation. The
FORT WORTH, Texas, July 30, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announced the results for the quarter ended June 30, 2024. Revenues for the quarter were $212 million, an increase from $190 million in the June quarter of 2023. Earnings per share for the quarter were $1.25, compared to $1.14 in the same quarter of the prior year. First Quarter Fiscal Year 2025 Highlights Revenue increased 11% to $212 million, compared to first quarter of fiscal year 2024.Gross profit increased 15% to $48.2 million, at 22.7% gross margin, compared to first quarter of fiscal year 2024 gross profit of $41.9 million.Diluted earnings per share increased 10% to $1.25, compared to first q
PORTLAND, Ore., July 09, 2024 (GLOBE NEWSWIRE) -- Symbeo, Inc., a CorVel Company, has partnered with Amazon Business App Center to deliver its RapidInvoice, an AI-enabled optical character recognition (OCR) product. The partnership is a significant stride into the mid-market and SMB market, as more companies are drawn to e-commerce platforms such as Amazon's B2B marketplace. This move allows customers to leverage wholesale pricing for goods and services, with the added advantage of integrated payment reconciliation to financial systems, promising a future of enhanced efficiency and cost-effectiveness. Symbeo RapidInvoice is an accounts payable (AP) automation solution for Amazon Business
FORT WORTH, Texas, May 22, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL) announced the results for the quarter and fiscal year ended March 31, 2024. Revenues for the quarter were $207 million, an increase from $185 million in the same quarter of the previous year. Earnings per share for the quarter were $1.12, compared to $1.04 in the same quarter of the prior year. Revenues for the fiscal year ended March 31, 2024 were $795 million, compared to $719 million for the fiscal year ended March 31, 2023. Earnings per share for the fiscal year ended March 31, 2024, were $4.40, compared to $3.77 for the fiscal year ended March 31, 2023. Patient Management services, including reven
FORT WORTH, Texas, April 23, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:CRVL), a national provider of risk management solutions, is announcing upcoming innovations to its managed care service offerings. Over the past year, CorVel has invested substantially in advanced technologies, particularly Generative AI. As a result, CorVel is pleased to introduce a new hub platform to the carrier market. This offering will lessen our partners' IT constraints and lead to better program outcomes. Founded over thirty years ago, CorVel started as a managed care solutions provider, and these services have remained the cornerstone of the business. As a leader in the industry, CorVel is committed