IRVINE, Calif., Oct. 1 /PRNewswire-FirstCall/ -- CorVel Corporation (Nasdaq: CRVL), a leading provider of workers' compensation claims management services, announced the addition of over 150,000 facility and provider locations to its national CorCare Preferred Provider Network effective November 1, 2007. The new provider network additions are the result of a new partnership with Integrated Health Plan (IHP) headquartered in St. Petersburg, FL.
With more than 5,500 hospitals and over 637,000 physicians and ancillary facilities in their network, Integrated Health Plan is one of the nation's largest multi-specialty PPO networks. IHP is experienced in working with both self-insured and fully-insured clients of all sizes and is currently utilized by many of the largest payors and intermediaries in the group health, limited medical, workers'compensation and auto liability industries.
CorVel conducts periodic evaluations of its network performance
customer savings in order to ensure the continuation of its
industry-leading Network Solutions results. The cornerstone of CorVel's
Network Solutions is CorVel's proprietary "First Review" artificial
intelligence software engine. Investments are expected to continue to
further expand the scope of this cutting edge tool. Most recently CorVel
announced plans to extend its clearinghouse capabilities to its customers
and providers. For several years CorVel has been involved in the acceptance
and routing of electronic bills (ebills) in workers compensation. The
technologies supporting the expanded use of its clearinghouse facilities
include document conversion and tracking tools, ebill processing
capabilities and "smart routing" capabilities first implemented three years
|SOURCE CorVel Corporation|
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