CorVel Corporation

CorVel Corporation is an American provider of healthcare management services, specializing in workers' compensation, auto, and liability management. The company offers a range of services including claims management, medical bill review, case management, and network solutions.

History

CorVel Corporation was founded in 1987 and is headquartered in Irvine, California. The company was originally known as "FORTIS" and later changed its name to CorVel Corporation in 1991. Since its inception, CorVel has grown through a combination of organic growth and strategic acquisitions.

Services

CorVel Corporation provides a variety of services aimed at managing healthcare costs and improving outcomes for injured workers. These services include:

• Claims Management: CorVel offers comprehensive claims management services to help employers manage workers' compensation claims efficiently.
• Medical Bill Review: The company provides medical bill review services to ensure that medical bills are accurate and comply with applicable regulations.
• Case Management: CorVel's case management services involve coordinating care for injured workers to facilitate their recovery and return to work.
• Network Solutions: The company offers a network of healthcare providers to deliver quality care at negotiated rates.

Technology

CorVel Corporation utilizes advanced technology to deliver its services. The company's proprietary software platform, CareMC, integrates various aspects of claims management, medical bill review, and case management. This technology enables real-time data access and analytics, helping clients make informed decisions.

Market Presence

CorVel Corporation operates across the United States, serving a diverse range of clients including employers, insurance companies, and government agencies. The company is publicly traded on the NASDAQ stock exchange under the ticker symbol "CRVL."

Corporate Governance

CorVel Corporation is governed by a board of directors and a management team with extensive experience in the healthcare and insurance industries. The company's leadership is committed to maintaining high standards of corporate governance and ethical business practices.

See Also

• Workers' compensation
• Healthcare management
• Claims management
• Medical bill review
• Case management
• Network solutions