CRVL Corvel Corp.

CorVel Expands Virtual Care Management Services and Programs to Facilitate Transition Back to Work During Pandemic

CorVel Expands Virtual Care Management Services and Programs to Facilitate Transition Back to Work During Pandemic

New App for Injured Workers Facing Surgery Adds to CorVel’s Case Management Tools

IRVINE, Calif., June 09, 2020 (GLOBE NEWSWIRE) -- CorVel Corporation, a national provider of risk management solutions, today announced the expansion of case management resources and virtual tools to support injured workers throughout COVID-19 as well as to assist organizations as they transition back to the workplace.

As the pandemic continues to evolve, CorVel has expanded case management tools and resources to facilitate better care for injured workers, including:

  • Virtual wellness checks by nurse case managers to mitigate anxiety and ensure precautionary measures are followed to prevent COVID-19 exposure.
  • Transfer of care to virtual physical therapy and virtual cognitive therapy to allow progress to continue.
  • Home delivery of prescriptions, which case managers coordinate with CorVel’s certified pharmacy technicians to ensure all medications are appropriate and safe for the compensable injury.
  • Direct-to-telehealth programs to provide care for workers whose physicians are not currently practicing in a brick and mortar facility.
  • An app that promotes, measures, and reports conditioning and rehabilitation for those injured workers recovering at home.

CorVel has introduced a new tool to help case managers support injured workers facing an upcoming surgery, recovering from an injury, or experiencing back pain. Combining clinical expertise with technology, this easy-to-use app is a musculoskeletal recovery platform designed to improve patients’ physical conditioning and preparedness for return to work. The app is a customizable program that supports employees during their recovery. The platform tracks program compliance, recovery metrics, activity levels, and patient-reported outcomes, allowing CorVel case managers to engage more proactively in the recovery process.

Previous results from using the app have shown:

  • 57% faster return to work
  • 28% decrease in temporary total disability days
  • 38% reduction in average medical costs
  • 22% decrease in physical therapy spend

Musculoskeletal conditions are the highest medical expense for employers. The platform provides prehab and rehab medical guidance in a clear, intuitive interface that is proven to improve patient outcomes and reduce medical spend.

“This is a constantly changing environment in regard to work duties,” said CorVel President and CEO Michael Combs. “Claims professionals must utilize skills of investigation and analysis while balancing the need to be empathetic, understanding, and caring. We are working intentionally to adapt to the situation by providing our case managers with innovative tools to monitor risk and recovery and support the injured worker,” continued Combs.

In addition to the expanded resources, CorVel has developed services to perform employee assessment screenings and education to promote a safe workspace based on CDC guidelines. The goal is to provide customers with proactive solutions to facilitate return to work and assist organizations with procedures and protocols to achieve optimal workforce health and productivity. These services include:

  • Assessment Screening for Return to Work: A one-page questionnaire instructs and educates employees on COVID-19-related symptoms, social distancing, face mask usage, and other protocols to promote a safe workspace. This service is provided to the employer to accommodate return to work.
  • Assessment Screening and Clinical Confirmation for Return to Work: Employee assessment screening features a one-page questionnaire administered by a nurse to instruct and educate the employee based on CDC guidelines and recommendations. It includes education on social distancing, face mask usage, and potential symptoms to monitor. Clinical confirmation includes temperature check by a CareIQ provider and a review of any symptoms to ensure the employee is healthy to return to work.
  • Optional services available include a supply of masks and home thermometers for employees, follow-up calls with nurses, and onsite training sessions to demonstrate proper use of face masks, hand washing, and social distancing. The Company’s case managers are also available to provide critical event debriefing to help employees deal with the loss of a team member.

“By providing proactive case management tools and support, CorVel’s case managers continue to promote worker safety and recovery while facilitating optimal workforce health and a smooth return-to-work transition for employers,” said Combs.

About CorVel

is a national provider of industry-leading workers' compensation solutions for employers, third-party administrators, insurance companies, and government agencies seeking to control costs and promote positive outcomes. We apply technology, intelligence, and a human touch to the risk management process so our clients can intervene early and are connected to the critical intelligence they need to manage risk proactively. With a robust technology platform at its core, our connected solution is delivered by a national team of associates who are committed to helping clients design and manage programs that meet their organization's performance goals.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change. Such forward-looking statements include, but are not limited to, statements relating to the Company’s virtual care services and the Company’s continued investment in these and other innovative technologies. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company’s actual results to differ materially and adversely from those expressed in any forward-looking statement, including the risk that the impact of the COVID-19 pandemic on our business, results of operations and financial condition is greater than our initial assessment.

The risks and uncertainties referred to above include, but are not limited to, factors described in this press release and the Company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2019 and the Company’s Quarterly Report on Form 10-Q for the quarters ended June 30, 2019, September 30, 2019, and December 31, 2019. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

Contact: Melissa Storan

Phone: 949-851-1473

EN
09/06/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Corvel Corp.

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

 PRESS RELEASE

Sarah Scott Named to Business Insurance’s “Women to Watch” List for 20...

Sarah Scott Named to Business Insurance’s “Women to Watch” List for 2025 Scott recognized for improving patient care and advancing innovation in workers’ compensation at CorVel FORT WORTH, Texas, Nov. 18, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation is proud to announce that Sarah Scott, Executive Vice President of Product and Corporate Services, has been named to ’s prestigious “Women to Watch” list for 2025. Now celebrating its 20th year, the award honors women who have achieved extraordinary success in insurance and risk management through leadership, innovation, and mentorship. A 26...

Corvel Corp: 1 director

A director at Corvel Corp sold 7,286 shares at 76.921USD and the significance rating of the trade was 60/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly show...

 PRESS RELEASE

CorVel Earns Spot on TIME’s America’s Growth Leaders 2026 List — the O...

CorVel Earns Spot on TIME’s America’s Growth Leaders 2026 List — the Only Company in Its Industry Recognized Recognition reflects CorVel’s sustained growth, financial strength, and market performance FORT WORTH, Texas, Nov. 11, 2025 (GLOBE NEWSWIRE) -- Today, CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, is proud to announce its inclusion on TIME’s America’s Growth Leaders 2026 Ranking. This recognition, presented by TIME and Statista, honors companies demonstrating exceptional growth performance, financial stability, and stock performance. The com...

 PRESS RELEASE

CorVel Announces Revenues and Earnings

CorVel Announces Revenues and Earnings FORT WORTH, Texas, Nov. 04, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL) announced the results for the quarter ended September 30, 2025. Revenues for the quarter were $240 million, an increase from $224 million in the September quarter of 2024. Earnings per share for the quarter were $0.54, compared to $0.45 in the same quarter of the prior year. Revenues for the six months ended September 30, 2025 were $474 million, an increase from $436 million during the six months ended September 30, 2024. Earnings per share for the six months ended...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch