CorVel Corp. (CRVL) Reports Growth in EPS
QualityStocks (June 11th, 2008) Writes:
CorVel Corp (CRVL) is an independent provider of medical cost containment and managed care services. The company’s services are designed to manage the medical costs of workers’ compensation and other health care benefits primarily for coverage under group health and auto insurance policies. CorVel provides networks of preferred providers, claims administration, case management, utilization management, and medical bill review to more than 2,000 clients nationwide.
CorVel announced on June 10, 2008 record earnings per share of $0.44 for the 1st quarter of 2008 versus $0.37 in the 1st quarter last year. Revenues in the 1st quarter were $77 million, up from last year’s $70 million. The company’s introduction of full-service workers compensation solution, named Enterprise Comp, contributed greatly to the improvement in the company’s figures. Management expects the positive trends in the health care management industry to continue for the foreseeable future, which should bode well for the company.
CorVel’s specialty is
...Applying Information Technology, Auto Insurance Policies, Claims Administration, Claims Management Services, Corvel Corp, Crvl, Current Market News, Disability Management, Earnings Per Share, Edge Company, Group Auto, Health Care Benefits, Health Care Management, Independent Provider, Insurance Markets, Management Industry, Medical Bill, Medical Cost Containment, OTCBB Markets, Preferred Providers, Record Earnings, Small & Micro Cap, Stocks to Watch, Utilization Management


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