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.

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

CorVel (NASDAQ: CRVL) unveils AI-driven managed care solutions, offering seamless integration and enhanced insights for partners, improving patient care.

CorVel Announces New Integrations for Managed Care Services Enabling Partners to Increase Connectivity and Create a Seamless Workflow Experience

CorVel provides cost-effective vocational evaluations nationwide, aiding injured employees' return to work with tailored solutions by certified experts

CorVel Launches “Center of Excellence” for Vocational Evaluation Services

FORT WORTH, Texas, Feb. 20, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDQ:CRVL), is proud to be Certified™ by Great Place To Work® for the 4th year in a row. The prestigious award is based entirely on what current employees say about their experience working at CorVel. Great Place To Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

CorVel Earns 2024 Great Place To Work Certification™

FORT WORTH, Texas, Jan. 30, 2024 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended December 31, 2023. Revenues for the quarter were $202 million, an increase from $179 million in the December quarter of 2022. Earnings per share for the quarter were $0.99, compared to $0.96 in the same quarter of the prior year.

CorVel Announces Revenues and Earnings

FORT WORTH, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Advancements in artificial intelligence (AI) and machine learning (ML) are significantly improving results and efficiencies for payment integrity in medical claims, according to CERIS, a CorVel company. “CERIS leads the industry in leveraging AI and ML to automate tasks for greater efficiency and accuracy, to find patterns that may indicate fraud or systemic errors, to interpret medical language, and to summarize large amounts of information into actionable data,” said Steve Sutherland, Senior Vice President of Information Systems for CERIS, a Fort Worth-based company that has pioneered the use of this technology for payment integrity.

CERIS Announces Innovations in Artificial Intelligence and Machine Learning That Improve Payment Integrity

FORT WORTH, Texas, Oct. 26, 2023 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDQ:CRVL), a national provider of risk management solutions, today announced the promotion of Jeff Gurtcheff to Chief Claims Officer. As the Company's Chief Claims Officer, Gurtcheff will oversee workers' comp and liability claims operations, including leading technology innovation, managing claims staff operations, and launching new products and services that deliver industry-leading performance for the company's partners.

CorVel Promotes Jeff Gurtcheff to the Position of Chief Claims Officer

New Capabilities to Interpret Content Will Improve Speed and Accuracy of Evaluating Medical Records New Capabilities to Interpret Content Will Improve Speed and Accuracy of Evaluating Medical Records

CorVel Announces First Generative AI Module

Curriculum Covers End-to-End Workers' Compensation Claims Management and the Application of Integrated Technology Curriculum Covers End-to-End Workers' Compensation Claims Management and the Application of Integrated Technology

CorVel University Launched to Enhance Careers and Capabilities for Claims Professionals

The award recognizes multiple innovative programs for Fairfax County, Virginia The award recognizes multiple innovative programs for Fairfax County, Virginia

Randy Jouben Receives 2023 Workers' Comp Risk Management Award for Excellence

FORT WORTH, Texas, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Carhartt Inc., one of America's leading manufacturers of durable workwear and outdoor apparel, and CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, were named Risk Management Team of the Year during a live award presentation on July 19, 2023, hosted by Business Insurance. The 2023 U.S. Insurance Awards highlights exceptional work by insurance professionals working at companies across the commercial insurance industry including retail brokers, TPAs, insurers, reinsurers and more.

Carhartt Inc. and CorVel Corporation Named Risk Management Team of the Year in 2023 U.S. Insurance Awards

CorVel Corp ( CRVL , Financial), a prominent player in the insurance industry, is currently trading at $214.57 with a market capitalization of $3.69 billion. The company's stock price has seen a gain of 4.48% today and a 10% increase over the past four weeks.

CorVel Corp (CRVL): A Stock with Good Outperformance Potential

New solution for payment automation drives success, improved security for enterprise and mid-market-size organizations New solution for payment automation drives success, improved security for enterprise and mid-market-size organizations

Symbeo, a CorVel Company, launches payment solution purpose-built to meet today's B2B challenges

Partnership enhances risk management strategies and improves outcomes for Fairfax County, Virginia, Carhartt, and Lithia & Driveway Partnership enhances risk management strategies and improves outcomes for Fairfax County, Virginia, Carhartt, and Lithia & Driveway

Risk & Insurance Names Three CorVel Clients as Winners of 2023 Risk All-Star Awards

Expanded Capabilities in CorVel's Industry-Leading Technology Will Reduce Costs, Minimize Liability, and Enhance Holistic Care and Claims Oversight. Expanded Capabilities in CorVel's Industry-Leading Technology Will Reduce Costs, Minimize Liability, and Enhance Holistic Care and Claims Oversight.

CorVel Announces First Generative AI Initiative to Transform Claims and Case Management

CorVel Corporation: Best Nearby Insurance Cap-Gain Stock Wealth Builder Prospect.

CorVel Corporation: Best Nearby Insurance Cap-Gain Stock Wealth Builder Prospect

Expanded Training Requirements Sets New Industry Standard for Quality Pharmacy Management Expanded Training Requirements Sets New Industry Standard for Quality Pharmacy Management

CorVel Launches Pharmacy Technician Certification (CPhT) Test Preparation Program

FORT WORTH, Texas, April 11, 2023 (GLOBE NEWSWIRE) -- CERIS, a CorVel company, has released “The Pulse of Payment Integrity,” a white paper encouraging healthcare payers to focus on reviewing claims before they are paid, as opposed to months or years afterward in a post pay environment. The whitepaper notes that taking such an approach to payment integrity reduces errors and improves the relationship between payers and providers by eliminating the need to collect excess payments after they have been made.

CERIS' “The Pulse of Payment Integrity” Outlines New Claims Processing Path For Payers

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

News for CorVel Stock (CRVL)