CorVel Corporation provides medical cost containment and managed care services to address the medical costs of workers' compensation benefits, automobile insurance claims, and group health insurance benefits. The company offers network solutions, 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 comprising claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, life care planning, disability management, liability claims management, and auto claims management services. It serves insurers, third party administrators, self-administered employers, government agencies, municipalities, state funds, and various other industries. CorVel Corporation was founded in 1987 and is based in Irvine, California.
Industry, Sector and Symbol
Industry Insurance agents, brokers, & service
Sub-IndustryHealth Care Services
SectorBusiness Services
SymbolNASDAQ:CRVL
CUSIP22100610
Phone949-851-1473
Debt
Debt-to-Equity RatioN/A
Current Ratio1.52%
Quick Ratio1.52%
Price-To-Earnings
Trailing P/E Ratio28.46
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$518.69 million
Price / Sales1.89
Cash Flow$2.6361 per share
Price / Cash19.65
Book Value$7.25 per share
Price / Book7.14
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$29.47 million
Net Margins6.33%
Return on Equity23.74%
Return on Assets13.84%
Miscellaneous
Employees3,629
Outstanding Shares18,880,000
