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BUSINESS
July 21, 2000
The Irvine provider of managed care services said net income for the first fiscal quarter totaled $3.2 million, or 41 cents a share, a 10% gain from the $2.9 million, or 35 cents a share, a year ago. Revenue for the quarter ended June 30 grew 11% to $50.6 million.
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September 12, 2013 | By Emamd (@emamd)
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BUSINESS
November 23, 1992
Nature of Business: Provides medical cost containment and managed-care services. Total employees: 1,300 In Orange County: 50 Stock listing in The Times: On NASDAQ as "Corvel" Ticker Symbol: "CRVL" Friday's Stock Close: $14.50 Change: Up $1.50 Analyst Review: "CorVel works within the health care system--with an insurance company to try and pare bills. They've got the software and the people-power and the computer systems to go through insurance company claims for worker's compensation.
NEWS
July 11, 2011 | By Emamd (@emamd)
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BUSINESS
June 17, 1996
CorVel Corp. said it has been selected to provide management services to several units of major insurer Nationwide Insurance Enterprise of Columbus, Ohio. CorVel provides medical cost containment and managed care services designed to lower clients' health care costs.
BUSINESS
April 19, 1996
Managed-care provider CorVel Corp. said Thursday that it has agreed to acquire Dun & Bradstreet Corp.'s Selectplus software unit for an undisclosed amount. CorVel said the acquisition will give it the ability to review line items on bills. Selectplus is based in Fort Worth, Texas.
BUSINESS
December 29, 1995
Managed health care provider CorVel Corp. said Thursday that it has asked regulators to allow its largest shareholder to sell 350,000 shares of stock. The shareholder, Minneapolis-based North Star Universal Inc., will use proceeds to pay off debts, CorVel officials said. Due to insider trading laws, data communications provider North Star is prohibited from selling more than 45,000 shares a fiscal quarter without permission from the Securities and Exchange Commission, according to V.
BUSINESS
August 7, 1996
CorVel Corp., an Irvine-based medical case management firm, said it has signed an agreement to begin handling case management for several Nationwide Insurance Enterprise's workers' compensation, liability, accident and health insurance units. Nationwide, based in Ohio, is one of the largest insurers in the country. CorVel officials said the deal represents the largest case management contract ever between a major insurance company and a single vendor.
NEWS
July 11, 2011 | By Emamd (@emamd)
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NEWS
July 11, 2011 | By Emamd (@emamd)
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BUSINESS
January 23, 2001
The Irvine provider of managed health-care services said net income for the third fiscal quarter, which ended Dec. 31, totaled $3.3 million, or 43 cents a share, a gain of 10% from $3 million, or 37 cents a share, for the like period in 1999. Revenue was up 13% to $52.2 million.
BUSINESS
May 26, 2000 | Dow Jones
CorVel Corp. said Thursday that its board authorized the repurchase of up to 1 million more shares of the Irvine company's 7.86 million shares of common stock outstanding. The company, which provides managed care services, said it plans to consider share repurchases when its cash balances exceed internal needs. CorVel shares lost 25 cents Wednesday to close at $27.25 a share in Nasdaq trading.
BUSINESS
May 12, 2000
CorVel Corp., an Irvine provider of managed care services, posted record net income of $3.1 million, or 39 cents a share, for the fourth quarter, 15% higher than the $2.7 million, or 33 cents a share, for the comparable quarter last year. Revenue for the quarter ended March 31 was up 13% to $48.9 million. For the year, net income gained 15% to $12 million, or $1.47 a share, from $10.4 million, or $1.26 a share, the previous year. Revenue increased 13% to $186.8 million.
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