CorVel Launches Web-based Absence Management Tools

Apr 27, 2001, 01:00 ET from CorVel Corporation

    IRVINE, Calif., April 27 /PRNewswire/ -- CorVel Corporation
 (Nasdaq:   CRVL), a national healthcare management company, today announced the
 launch of an Absence Management tool for employers seeking improved control of
 such costs.  Absence Management is a tool within CorVel's CareMC managed care
 website.  CareMC provides a managed care portal in which employers, patients,
 payors and providers can work together to optimize disability claims'
 outcomes.
     CareMC includes an "incident reporting" module into which employers can
 enter the details of employee absences and causal factors.  CareMC includes an
 artificial intelligence engine which permits the processing of incoming
 incident reports to be screened and sorted using guidelines from the employer,
 standard medical practices and state or federal guidelines.  The reporting
 process can be tailored to reflect the unique employer or industry needs
 involved.
     Information gathered in CareMC is immediately available to benefits
 management personnel, insurers, patients and treating physicians.
 Communications are encrypted and processed according to HIPAA standards.
 Further compliance with state requirements for the reporting of work-related
 injuries, as well as compliance with OSHA regulations, is included.  By
 integrating such reporting with the requirements of the employer's insurers,
 CareMC simplifies and automates employer compliance with government and
 insurer reporting specifications.  Information gathered in this manner
 facilitates the prompt and accurate initiation of managed care processes in
 support of the patient.
     CorVel is a leading preferred provider organization (PPO) and managed care
 service organization, providing service in 49 states.  Information gathered
 through incident reports helps eliminate errors in data later shared with
 providers and other caregivers.  CareMC, in addition to collecting such
 information, can also accept reports from physicians regarding patient status,
 process orders for items needed by the patient and process the billings for
 such services.
     "CareMC gives employers an easy way to report incidents at work without
 having to install or maintain software and systems," said Tom Benson, CorVel's
 Vice President of Information Systems.  "Once the report is in CareMC, we
 connect that information into all the appropriate benefit plans," continued
 Mr. Benson.
     CareMC can be customized to match the corporate identity of each employer,
 and be connected with Human Resource systems.  For instance, when integrated
 with the employer's payroll system, users of the site can be assured of having
 accurate employee identification, including all related demographics.
 Increasingly, the integration of systems is possible and CareMC is designed to
 make such connections easy and efficient.  The elimination of data errors and
 the time delays involved with paper processing, are two of the big advantages
 of moving to web-based processing.  Summary reports of injury experience help
 employers better understand how to improve safety results.  By tracking both
 occupational and non-occupational absences, CareMC enables much improved
 absence and productivity management.
 
     About CareMC
     In addition to providing easy absence reporting, the CareMC website also
 provides both web-based and phone-based "look-up" capabilities to employees
 seeking care from provider networks preferred by their benefit and workers'
 compensation plans.  By integrating all of the managed care services involved
 in an episode of care, CareMC extends the value in the automated processing of
 incident reporting to other components of claims management.
 
     About CorVel
     CorVel Corporation (www.corvel.com) is a national provider of leading-edge
 services and solutions in the field of managed healthcare.  CorVel specializes
 in applying information technology and eCommerce applications to improve
 healthcare management in the workers' compensation, group health, auto and
 disability management insurance markets.  The Company provides networks of
 preferred providers, case management, utilization management, independent
 medical evaluations and medical bill review to more than 1,000 clients through
 its 2,900 associates and 185 offices in 49 states.  Leveraging its commitment
 to flexibility and personal service, CorVel delivers custom solutions for
 employers, insurers, third party administrators and government entities.
 
     This press release contains forward-looking statements that are subject to
 risks and uncertainties, including the risk that the historical financial
 performance of CorVel may not be indicative of future financial performance
 and the risk that the recent performance of CorVel's Common Stock may not be
 indicative of its future performance, as well as other risks detailed from
 time to time in the company's SEC reports, including the report on Form 10-K
 for the year ended March 31, 2000, and the company's most recent Form 10-Q.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X31035467
 
 

SOURCE CorVel Corporation
    IRVINE, Calif., April 27 /PRNewswire/ -- CorVel Corporation
 (Nasdaq:   CRVL), a national healthcare management company, today announced the
 launch of an Absence Management tool for employers seeking improved control of
 such costs.  Absence Management is a tool within CorVel's CareMC managed care
 website.  CareMC provides a managed care portal in which employers, patients,
 payors and providers can work together to optimize disability claims'
 outcomes.
     CareMC includes an "incident reporting" module into which employers can
 enter the details of employee absences and causal factors.  CareMC includes an
 artificial intelligence engine which permits the processing of incoming
 incident reports to be screened and sorted using guidelines from the employer,
 standard medical practices and state or federal guidelines.  The reporting
 process can be tailored to reflect the unique employer or industry needs
 involved.
     Information gathered in CareMC is immediately available to benefits
 management personnel, insurers, patients and treating physicians.
 Communications are encrypted and processed according to HIPAA standards.
 Further compliance with state requirements for the reporting of work-related
 injuries, as well as compliance with OSHA regulations, is included.  By
 integrating such reporting with the requirements of the employer's insurers,
 CareMC simplifies and automates employer compliance with government and
 insurer reporting specifications.  Information gathered in this manner
 facilitates the prompt and accurate initiation of managed care processes in
 support of the patient.
     CorVel is a leading preferred provider organization (PPO) and managed care
 service organization, providing service in 49 states.  Information gathered
 through incident reports helps eliminate errors in data later shared with
 providers and other caregivers.  CareMC, in addition to collecting such
 information, can also accept reports from physicians regarding patient status,
 process orders for items needed by the patient and process the billings for
 such services.
     "CareMC gives employers an easy way to report incidents at work without
 having to install or maintain software and systems," said Tom Benson, CorVel's
 Vice President of Information Systems.  "Once the report is in CareMC, we
 connect that information into all the appropriate benefit plans," continued
 Mr. Benson.
     CareMC can be customized to match the corporate identity of each employer,
 and be connected with Human Resource systems.  For instance, when integrated
 with the employer's payroll system, users of the site can be assured of having
 accurate employee identification, including all related demographics.
 Increasingly, the integration of systems is possible and CareMC is designed to
 make such connections easy and efficient.  The elimination of data errors and
 the time delays involved with paper processing, are two of the big advantages
 of moving to web-based processing.  Summary reports of injury experience help
 employers better understand how to improve safety results.  By tracking both
 occupational and non-occupational absences, CareMC enables much improved
 absence and productivity management.
 
     About CareMC
     In addition to providing easy absence reporting, the CareMC website also
 provides both web-based and phone-based "look-up" capabilities to employees
 seeking care from provider networks preferred by their benefit and workers'
 compensation plans.  By integrating all of the managed care services involved
 in an episode of care, CareMC extends the value in the automated processing of
 incident reporting to other components of claims management.
 
     About CorVel
     CorVel Corporation (www.corvel.com) is a national provider of leading-edge
 services and solutions in the field of managed healthcare.  CorVel specializes
 in applying information technology and eCommerce applications to improve
 healthcare management in the workers' compensation, group health, auto and
 disability management insurance markets.  The Company provides networks of
 preferred providers, case management, utilization management, independent
 medical evaluations and medical bill review to more than 1,000 clients through
 its 2,900 associates and 185 offices in 49 states.  Leveraging its commitment
 to flexibility and personal service, CorVel delivers custom solutions for
 employers, insurers, third party administrators and government entities.
 
     This press release contains forward-looking statements that are subject to
 risks and uncertainties, including the risk that the historical financial
 performance of CorVel may not be indicative of future financial performance
 and the risk that the recent performance of CorVel's Common Stock may not be
 indicative of its future performance, as well as other risks detailed from
 time to time in the company's SEC reports, including the report on Form 10-K
 for the year ended March 31, 2000, and the company's most recent Form 10-Q.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X31035467
 
 SOURCE  CorVel Corporation

RELATED LINKS

http://www.corvel.com