CorVel Reports Quarterly Net Income Increase

CorVel Corp. on Wednesday reported quarterly net income of $8.27 million for the three months ending Sept. 30, a 4.9% increase from $7.88 million during the same period last year. For the six months ending Sept. 30, CorVel’s net income was $15.2 million, down 6.2% from $16.2 million for the same period last year. Based in Irvine, California, CorVel Corp. is a cost-containment company for workers’ compensation, auto, liability and health insurance. During the recently completed quarter, CorVel announced the launch of telehealth services, giving injured workers the ability to conn...