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CorVel Corporation

CorVel Corporation provides workers’ compensation, general and auto liability, and hospital bill auditing and payment integrity solutions. It applies technology, including artificial intelligence, machine learning, and natural language processing to enhance the managing of episodes of care and the related health care costs. The company also offers network solutions services, including automated medical fee auditing, preferred provider management and reimbursement, retrospective utilization review, facility claim review, professional review, pharmacy, directed care, clearinghouse, independent medical examination, and inpatient medical bill review services, as well as Medicare solutions. In addition, it provides a range of patient management services, such as claims management, case management, 24/7 nurse triage, utilization management, vocational rehabilitation, and life care planning, as well as processing of claims for self-insured payors with respect to property and casualty insurance. The company offers solutions to employers, third party administrators, insurance companies, and government agencies to assist them in managing the medical costs and monitoring the quality of care associated with healthcare claims. CorVel Corporation was incorporated in 1987 and is based in Fort Worth, Texas.

Market Cap

$2.5B

Volume

150.7K

Cash and Equivalents

$230.0M

EBITDA

$167.8M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

$228.0M

Profit Margin

24.22%

52 Week High

$120.64

52 Week Low

$44.83

Dividend

N/A

Price / Book Value

6.70

Price / Earnings

24.12

Price / Tangible Book Value

7.43

Enterprise Value

$2.3B

Enterprise Value / EBITDA

13.07

Operating Income

$136.7M

Return on Equity

31.26%

Return on Assets

14.44

Cash and Short Term Investments

$230.0M

Debt

$25.9M

Equity

$375.7M

Revenue

$941.5M

Unlevered FCF

$98.3M

Sector

Health Care Providers and Services

Category

N/A

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