Company

CorVel Corporation

Headquarters: Irvine, CA, United States

Founded: 1987

Employees: 3,681

CEO: Mr. Michael G. Combs

NASDAQ: CRVL +1.68%

Market Cap

$3.96 Billion

USD as of Jan. 1, 2024

Market Cap History

CorVel Corporation market capitalization over time

Evolution of CorVel Corporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of CorVel Corporation

Detailed Description

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.

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Stocks & Indices

CorVel Corporation has the following listings and related stock indices.


Stock: NASDAQ: CRVL wb_incandescent

Product & Services

Claims Management and Healthcare Management

Key People

V Gordon Clemons: Chairman Michael Combs: President and CEO

Financials

Revenue: $592 million USD (2020)

Net income: $47.4 million USD (2020)


Total assets: $416 million (2020)

Total equity: $189 million (2020)

Details

Headquarters:

1920 Main Street

Suite 900

Irvine, CA 92614

United States

Phone: 949-851-1473