CorVel tackles cost drivers at every stage of a work injury. A focus on patient advocacy, personalized treatment programs and real time collaboration to minimize costly delays has improved return to work outcomes for the Company. Furthermore, the integration of Advocacy 24/7 Services has resulted in 87% of claims being coordinated through the nurse help line to ensure the injured worker receives the appropriate care in a timely manner.
The decision to unbundle their workers’ compensation services has yielded great results for the Company. With a total managed care savings of $8 million last year, the Company is also averaging a 4% reduction in claims payments and a 3% decrease in lost time claims. The Company is very pleased with these results and looks forward to a continued success in their partnership with CorVel.