CorVel Corp (CorVel) is a provider of claims management and cost containment services. It offers services such as claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, ancillary care solutions and medicare services. The company also offers disability management services for short- and long-term care. CorVel provides risk management solutions to workers' compensation, auto and liability, group health and disability insurance markets, employers, insurance companies, third-party administrators, and government agencies. CorVel is headquartered in Fort Worth, Texas, the US.
Headquarters
United States of America
Address
Suite 1020, 2010 Main Stree, Irvine, California, 92614
Website
www.corvel.com
Telephone
1 949 8511473
No of Employees
4,444
Industry
Technology and Communications
Ticker Symbol & Exchange
CRVL (NASD)
Revenue (2023)
$718.6M
11.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
43.3%
(2023 vs 2022)
Market Cap*
$4.0B
Net Profit Margin (2023)
XYZ
-10.1%
(2023 vs 2022)
* As of and is in US$
CorVel Corp premium industry data and analytics
Products and Services
| Services |
|---|
| Liability Management |
| Disability Management |
| Risk Solution |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Corporate Changes/Expansions | In February, the company launched a center of excellence for its clients in the US. |
| 2023 | New Products/Services | In September, the company launched CorVel University, a comprehensive national training initiative. |
| 2023 | New Products/Services | In April, the company launched a pharmacy technician certification (CPhT) test preparation program. |
Competitor Comparison
| Key Parameters | CorVel Corp | Crawford & Co | eHealth Inc | Tabula Rasa HealthCare Inc | American Claims Management Services |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Irvine | Atlanta | Austin | Moorestown | Carlsbad |
| State/Province | California | Georgia | Texas | New Jersey | California |
| No. of Employees | 4,444 | 10,400 | 1,515 | 1,027 | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| V. Gordon Clemons | Chairman | Executive Board | 1991 | 79 |
| Michael G. Combs | President; Director; Chief Executive Officer | Executive Board | 2019 | 59 |
| Brandon T. O’Brien | Chief Financial Officer | Senior Management | 2018 | 43 |
| Maxim Shishin | Chief Information Officer | Senior Management | 2017 | 48 |
| Sharon O’Connor | Vice President - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward