OverviewSuggest Edit

CorVel Corporation is a provider of healthcare management services and solutions for workers' compensation, auto and liability, group health and disability insurance markets. The Company’s services include claims management, bill review, preferred provider networks, utilization management, case management, directed care and medicare services.The Company’s target markets are employers, insurance companies, third party administrators, and state and municipal governments. 

TypePublic
Founded1987
HQIrvine, US
Websitecorvel.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Mar 2020)3,824(-2%)
Job Openings125
Revenue (FY, 2020)$592.2 M
Share Price (Oct 2020)$90.2
Cybersecurity ratingAMore

Key People/Management at CorVel

Gordon Clemons

Gordon Clemons

Chairman
Alan Hoops

Alan Hoops

Director
Steven J. Hamerslag

Steven J. Hamerslag

Director
Judd Jessup

Judd Jessup

Director
Jean H. MacIno

Jean H. MacIno

Director
Jeffrey J. Michael

Jeffrey J. Michael

Director
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CorVel Office Locations

CorVel has an office in Irvine
Irvine, US (HQ)
2010 Main Street #600
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CorVel Financials and Metrics

CorVel Revenue

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CorVel's revenue was reported to be $592.23 m in FY, 2020
USD

Revenue (Q1, 2021)

129.6m

Gross profit (Q1, 2021)

26.5m

Gross profit margin (Q1, 2021), %

20.5%

Net income (Q1, 2021)

8.3m

Market capitalization (16-Oct-2020)

1.6b

Closing stock price (16-Oct-2020)

90.2

Cash (30-Jun-2020)

94.1m

EV

1.6b
CorVel's current market capitalization is $1.6 b.
USDQ1, 2012

Financial Leverage

1.6 x
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CorVel Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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CorVel Revenue Breakdown

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CorVel revenue breakdown by business segment: 55.1% from Patient management services and 44.9% from Network solutions services

CorVel Online and Social Media Presence

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CorVel News and Updates

U.S. Insurance Awards Name CorVel 2020 TPA Team of the Year

IRVINE, Calif., Sept. 22, 2020 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) was named Third Party Association Team of the Year at the Business Insurance U.S. Insurance Awards on September 10 for its innovative work with the State of Tennessee. The award honors teams of professionals that …

CorVel Leverages Integrated Platform to Provide Liability Management as COVID-19 Claims Rise

CorVel is Monitoring Rapidly Emerging Legislation to Keep Employers Informed CorVel is Monitoring Rapidly Emerging Legislation to Keep Employers Informed

CorVel Expands Virtual Care Management Services and Programs to Facilitate Transition Back to Work During Pandemic

New App for Injured Workers Facing Surgery Adds to CorVel’s Case Management Tools New App for Injured Workers Facing Surgery Adds to CorVel’s Case Management Tools

CorVel Offers Coronavirus Hotline Plus Complete Virtual Triage and Care for Early Screening and Remote Treatment During Pandemic

Virtual Care Approach Maximizes Safety for Employees Who May Be Infected and for Injured Workers Required to Shelter in Place Virtual Care Approach Maximizes Safety for Employees Who May Be Infected and for Injured Workers Required to Shelter in Place

CorVel Announces Fiscal Year Earnings Release Webcast

IRVINE, Calif., May 20, 2019 (GLOBE NEWSWIRE) -- Event: Fiscal Year Earnings Release Webcast

CorVel Announces Expansion of Stock Repurchase Program

IRVINE, Calif., Feb. 12, 2019 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ:  CRVL), reported that the Company’s Board of Directors has approved a 1,000,000 share expansion to its existing stock repurchase program, increasing the total number of shares approved for repurchase over the life of suc…
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CorVel Frequently Asked Questions

  • When was CorVel founded?

    CorVel was founded in 1987.

  • Who are CorVel key executives?

    CorVel's key executives are Gordon Clemons, Alan Hoops and Steven J. Hamerslag.

  • How many employees does CorVel have?

    CorVel has 3,824 employees.

  • What is CorVel revenue?

    Latest CorVel annual revenue is $592.2 m.

  • What is CorVel revenue per employee?

    Latest CorVel revenue per employee is $154.9 k.

  • Who are CorVel competitors?

    Competitors of CorVel include United Concordia, Reliance Standard and MediCard.

  • Where is CorVel headquarters?

    CorVel headquarters is located at 2010 Main Street #600, Irvine.

  • Where are CorVel offices?

    CorVel has an office in Irvine.

  • How many offices does CorVel have?

    CorVel has 1 office.