Company CorVel Corporation

Equities

CRVL

US2210061097

Healthcare Facilities & Services

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
238.6 USD +0.22% Intraday chart for CorVel Corporation +1.83% -3.47%

Business Summary

CorVel Corporation is engaged in applying technology, including artificial intelligence, machine learning, and natural language processing designed to address the management of episodes of care and the related health-care costs. The Company's services include claims management, bill review, preferred provider networks, utilization management, case management, pharmacy services, directed care, and Medicare services. It partners with employers, third party administrators (TPAs), insurance companies, and government agencies to assist its customers in managing the medical costs of workers compensation, group health, and auto insurance and in monitoring the quality of care provided to claimants. Its network solutions services include professional nurse review, expert fee negotiations, specialty networks, preferred provider organization management, medical bill repricing, automated adjudication, and electronic reimbursement. Its bill review services include coding review and re-bundling.

Number of employees: 4,444

Sales per Business

USD in Million2022Weight2023Weight Delta
Patient Management
66.6 %
424 65.6 % 479 66.6 % +12.90%
Network Solutions
33.4 %
222 34.4 % 240 33.4 % +7.94%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
646 100.0 % 719 100.0 % +11.19%

Managers

Managers TitleAgeSince
Chief Executive Officer 60 91-09-30
Founder 80 86-12-31
Director of Finance/CFO 44 02-12-31
Chief Tech/Sci/R&D Officer 49 01-12-31
Sales & Marketing - 12-06-30
Treasurer - -
Sales & Marketing - 07-05-31
Corporate Officer/Principal - 22-03-31
Corporate Officer/Principal - 18-12-31
Comptroller/Controller/Auditor 46 03-02-28

Members of the board

Members of the board TitleAgeSince
Founder 80 86-12-31
Director/Board Member 67 90-08-31
Director/Board Member 67 90-01-31
Director/Board Member 81 08-02-07
Director/Board Member 76 03-04-30
Director/Board Member 76 97-07-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 55,089,627 9,078,899 ( 16.48 %) 37,995,350 ( 68.97 %) 16.48 %

Shareholders

NameEquities%Valuation
6,536,965 38.24 % 1 719 M $
Kayne Anderson Rudnick Investment Management LLC
11.15 %
1,905,305 11.15 % 501 M $
BlackRock Advisors LLC
8.065 %
1,378,698 8.065 % 363 M $
V. Clemons
7.082 %
1,210,564 7.082 % 318 M $
Vanguard Fiduciary Trust Co.
6.625 %
1,132,437 6.625 % 298 M $
Renaissance Technologies LLC
4.021 %
687,310 4.021 % 181 M $
Dimensional Fund Advisors LP
3.444 %
588,656 3.444 % 155 M $
341,625 1.998 % 90 M $
Boston Trust Walden Corp.
1.630 %
278,701 1.630 % 73 M $
Geode Capital Management LLC
1.287 %
219,960 1.287 % 58 M $

Company contact information

CorVel Corp.

5128 Apache Plume Road Suite 400

76109, Fort Worth

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http://www.corvel.com
address CorVel Corporation(CRVL)
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