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Stock impact report

CorVel Releases The New Integrated Claims Risk Score For Workers' Compensation Claims, Leveraging Artificial Intelligence And Predictive Analytics [TheStreet.com]

CorVel Corp. (CRVL) 
US:NASDAQ Investor Relations: corvel.com/investors
Company Research Source: TheStreet.com
The new functionality in Care MC Edge ® assesses multiple factors to determine a claim risk score, helping claims professionals proactively address potential issues and positively impact overall outcomes FORT WORTH, Texas, April 06, 2022 (GLOBE NEWSWIRE) -- CorVel Corporation ( ) -, a national provider of risk management solutions, has launched a new Claims Risk Score interface in Care MC Edge ®, CorVel's integrated claims management platform. This new functionality leverages artificial intelligence and predictive analytics to identify which claims might go off track and provides actionable intervention recommendations to impact the total cost of risk. The Risk Score leverages advanced technology to assess all data elements on a claim and assess its level of risk. This score incorporates several factors such as return to work estimates, physical demand requirements, pain levels, claimant medical compliance, comorbidities, claim history, age and other psycho-social indicators. With e Show less Read more
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