CorVel

Portland, United States Founded: 1987 • Age: 39 yrs
Medical bill review services are provided to healthcare clients.

About CorVel

CorVel is a company based in Portland (United States) founded in 1987.. The company has 5,080 employees as of March 31, 2024. CorVel offers products and services including Workers’ Compensation and Liability Management.

  • Headquarter Portland, United States
  • Employees 5080 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Corvel Corp.
Operational Areas
Financial Services → Insurance & Risk Management
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
    $895.59 M
    12.61
    as on Mar 31, 2024
  • Net Profit
    $95.17 M
    24.8
    as on Mar 31, 2024
  • EBITDA
    $150.36 M
    23.9
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    5080

    as on Mar 31, 2024

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IPO & Listings of CorVel

CorVel is a publicly listed company on the NASDAQ with ticker symbol CRVL in USA, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NASDAQ · Ticker: CRVL . Sector: Finance · USA

Products & Services of CorVel

CorVel offers a comprehensive portfolio of products and services, including Workers’ Compensation and Liability Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Integrated claims management solutions are provided to support employee health recovery and business continuity.

Expert support is offered to resolve liability claims quickly and deliver cost-effective outcomes.

People of CorVel
Headcount 5000-10000
Employee Profiles 169
Board Members and Advisors 6
Employee Profiles
People
Michael Combs
CEO
People
Karen Thomas
Vice President, Clinical Solutions
People
Nicole Gainey
Account Manager
People
Mark E. Bertels
EVP, Risk Management Services

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Board Members and Advisors
people
Steven J. Hamerslag
Director

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Funding Insights of CorVel

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by CorVel

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - CorVel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Corvel Comparisons

Employees
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Competitors of CorVel

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about CorVel

When was CorVel founded?

CorVel was founded in 1987.

Where is CorVel located?

CorVel is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

How many employees does CorVel have?

As of Mar 31, 2024, the latest employee count at CorVel is 5,080.

What is the annual revenue of CorVel?

Annual revenue of CorVel is $895.59M as on Mar 31, 2024.

What does CorVel do?

CorVel was founded in 1987 and is headquartered in Portland, United States. Operations focus on the healthcare sector, where medical bill review services are delivered to manage costs and ensure compliance. These services encompass auditing, analysis, and negotiation of bills for insurers, employers, and providers. Coverage extends across the United States, supporting workers compensation and liability claims processing.

What products or services does CorVel offer?

CorVel offers Workers’ Compensation and Liability Management.

Is CorVel publicly traded?

Yes, CorVel is publicly traded on NASDAQ under the ticker symbol CRVL.

What is CorVel's ticker symbol?

The ticker symbol of CorVel is CRVL on NASDAQ.

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