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Saturday, November 28, 2009, 12:01PM ET - U.S. Markets Closed. Dow Down 1.48% Nasdaq Down 1.73%
CorVel Corporation (CRVL)On Nov 27: 29.79  Down 1.34 (4.30%)  
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CorVel Corporation
2010 Main Street
Suite 600
Irvine, CA 92614
United States - Map
Phone: 949-851-1473
Fax: 949-851-1469
Web Site: http://www.corvel.com

DETAILS 
Index Membership:S&P 600 SmallCap
S&P 1500 Super Comp
Sector:Financial
Industry:Insurance Brokers
Full Time Employees:2,700

BUSINESS SUMMARY 
CorVel Corporation provides medical cost containment and managed care services to manage the medical costs of workers’ compensation and other healthcare benefits primarily for coverage under group health and auto insurance policies. The company offers network solutions, including MedCheck, an automated medical bill review service for the review of medical charges under certain non-workers’ compensation insurance coverages; CorCare, a preferred provider network, which provides access to a group of hospitals, physicians, and other healthcare providers that offer services at pre-negotiated rates to employee groups; and MedCheck Select, a retrospective utilization service for medical bills, including PPO management, medical bill re-pricing, line-item bill review, nurse review, diagnosis related group validation, and fee negotiation. It also provides CorCareRX, a workers’ compensation pharmacy management system to manage claimants’ prescription expenses, monitor appropriate utilization, and ensure prescriptions; and CareIQ, a directed care service that offers an automated service ordering and status management system online. In addition, CorVel offers patient management services, including medical case and telephonic case management, early intervention, claims administration, utilization management, pre-certification of hospitalization, inpatient utilization review, vocational rehabilitation, life care planning, Medicare set-asides, and critical stress incident debrief services. Further, the company provides CareMC, an application platform that offers online request services, manage files throughout the life of the claim, receive and relay case notes from case managers, and integrate information from multiple claims management sources; and various directed care services, including independent medical examinations, diagnostic imaging, transportation and translation, and durable medical equipment. The company was founded in 1987 and is based in Irvine, California.
Key Statistics

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    CORPORATE GOVERNANCE 
    CorVel Corporation's Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 14.5% of S&P 600 companies and 42.6% of Health Care Equipment & Services companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Daniel J. Starck , 42
    Chief Exec. Officer, Pres and Chief Operating Officer
    $ 452.00K $ 0
    Mr. Scott R. McCloud , 42
    Chief Financial Officer and Principal Accounting Officer
    N/A N/A
    Mr. Donald C. McFarlane , 56
    Chief Information Officer
    $ 214.00K $ 12.00K
    Ms. Diane J. Blaha , 54
    VP of Sales
    $ 275.00K $ 4.00K
    Mr. Richard J. Schweppe , 54
    Director of Fin. and Sec.
    N/A N/A
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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