Ventiv Technology

60 ©2023 Redhand Advisors. All rights reserved. Company Overview CorVel Corp. applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. We partner with employers, third-party administrators, insurance companies and government agencies in managing worker's compensation and health, auto and liability services. Our diverse suite of solutions combines our integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients. Care MC and Care MC Edge SM Product Information CorVel's proprietary claims management system has been developed and supported by our in-house, full time information systems division. We continue to make significant investments in the development of our integrated system that offers tremendous cost and time-saving benefits for our clients and partners. Unlike most industry platforms, we do not rely on data feeds from third parties that can delay critical information. Our system is highly codified and supports our claims and medical management teams by supplying extensive, real-time information to enable faster intervention and improved outcomes. The claims system provides clients with complete program visibility to keep them connected throughout the entire claims process. Care MC Edge is CorVel's dynamic and integrated workspace that helps Claims Professionals take timely and informed action on claims, drive better outcomes and reduce the total cost of risk. It provides a unique user experience allowing the Claims Professionals to move from a reactive task-based environment to an intuitive experience that supports their knowledge and expertise. What's New Claims Scorecard: This new model incorporates factors known at the onset of the claim, including age, duration, multiple claims, and more. The enhancements provide more information during the claims process to produce additional actions that directly lead to claim resolution. The new claims scorecard project offers the following features • Reduce claim cost and return the injured worker in the most effective and expedient way • Provide the user with an interactive real-time experience • Create a better claims experience for all parties • Defense Scorecard: This new interface determines the best counsel based on prior results; Measuring elements such as Duration, Cost, Jurisdiction and Disability/Impairment Ratings Company Info Ownership Public Company Founded | 20 0 0 Headquarters & Locations • Fort Worth, TX • 80 office locations nationwide Leadership • Gordon Clemons, Chairman • Michael Combs, President and CEO • Brandon O'Brien, CFO • Maxim Shishin, CIO • Stefan Richards, CISO Contac t Melissa Storan 949-838-1919 melissa_storan@corvel.com RMIS Employees | 150 Top Industries • Healthcare • Manufacturing • Public Entity • Retail • Transportation Produc t Of ferings • Benchmarking • Claims Mgmt • Data Analytics/ Predictive Modeling • Exposure/Asset Mgmt • GRC • Healthcare Risk Mgmt • Litigation Mgmt • Location/Property Mgmt • OSHA Compliance • Policy/Program Mgmt • TCoR/Allocations corvel.com PRODUCT SCORES 8.2 Claims Management 7.2 6.3 EH&S Exposures 6.5 6.3 Incident Management Policy/Program Mgmt 7.9 7.1 Reporting Analytics 7.4 8.0 System Attributes System-wide Capabilities NOT FOR DISTRIBUTION

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