CorVel Corporation (CRVL)

240.63 +1.78 (+0.75%) At close: 04:00PM EDT

CorVel Corporation

5128 Apache Plume Road
Suite 400
Fort Worth, TX 76109
United States
817 390 1416
https://www.corvel.com

Sector(s): Financial Services
Industry: Insurance Brokers
Full-time employees: 4,444

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Victor Gordon Clemons Sr.	Executive Chairman	9.68k	N/A	1944
Mr. Michael G. Combs	President & CEO	913.54k	1.43M	1964
Mr. Brandon T. O'Brien	Chief Financial Officer	359k	160.75k	1980
Ms. Jennifer L. Yoss	Vice President of Accounting	246.23k	7.54k	1978
Mr. Maxim Shishin	Chief Information Officer	390.47k	N/A	1975
Mr. Mark E. Bertels	Executive Vice President of Risk Management Services	366.54k	N/A	1963
Cathy Van Emon CPB, M.B.A.	Vice President of Business Operations	N/A	N/A	N/A
Ms. Stefani P. Wendel	Investor Relation	N/A	N/A	N/A
Sharon F. O'Connor	Vice President of Legal Services	N/A	N/A	N/A
Melissa Storan	Vice President of Marketing	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CorVel Corporation provides workers' compensation, auto, liability, and health solutions for 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. 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 offers network solutions services, 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, 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 was incorporated in 1987 and is based in Fort Worth, Texas.

Corporate governance

CorVel Corporation’s ISS governance QualityScore as of 29 April 2024 is 3. The pillar scores are Audit: 6; Board: 3; Shareholder rights: 1; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.