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What is Corvel?
Corvel Corporation is a Healthcare and Claim or Risk management solution/service company. It company commenced its business in the year 1987. The headquarters of the company is situated in Irvine, California, United States. The company has begun by the merger of Three small vocational rehabilitation companies. At present, the company situated in more than 51 domestic locations in the United States.
Corvel Corporation that was originally named as Fortis
that was found by Gordon Clemons joined two investor from Minnesota Jeff Michael and Jim Michael to form the company in the year 1987. The company expanded its business in different parts of United States by reviewing medical bill and medical case management business. It began trading of stock on New York stock exchange at the market value of $43 million. Convel expanded its network of offices and provided software offering.
Products and Services
It delivers its services to insurance companies, employers, government agencies and third party administrators and gives comprehensive solution for health, auto & liability claims management, and workers compensation, General Liability, Disability Management, Claims Management, Cost Containment, Patient Management and Network Solutions. CorVel also helps in reducing workers compensaton costs by medical treatment plans, preferred provider savings, patient management, and return to work programs and medical bill review. According to the year 2013 the company has earned Revenue
of $400 million. The company policy can be accessed through Mobile