Corvel traded at $60.50 this Friday June 5th, increasing $1.28 or 2.16 percent since the previous trading session. Looking back, over the last four weeks, Corvel gained 9.27 percent. Over the last 12 months, its price fell by 44.78 percent. Looking ahead, we forecast Corvel to be priced at 60.52 by the end of this quarter and at 56.98 in one year, according to Trading Economics global macro models projections and analysts expectations.
CorVel Corporation is a provider of medical cost containment and managed care services designed to address the medical costs of workers compensation benefits, automobile insurance claims, and group health insurance benefits. The Company's services are provided to insurance companies, third party administrators (TPAs), governmental entities, and self-administered employers to assist them in managing the medical costs and monitoring the care associated with healthcare claims. Its network solutions services include automated medical fee auditing, preferred provider management and reimbursement services, retrospective utilization review, clearinghouse services, independent medical examinations and inpatient medical bill review and many others. Its patient management services include claims management and all services sold to claims management customers, case management, 24/7 nurse triage, utilization management, vocational rehabilitation and life care planning.