CorVel did not provide specific guidance for current or future quarters in press release
Drivers behind the results
Service expansion - Co said expanded support for workers’ compensation and liability clients through new Executive Advisory Services contributed to results
Payment integrity investments - CERIS broadened payment integrity capabilities through new client implementations and targeted investments
Quarterly results rise on service expansion
US healthcare claims manager's fiscal Q1 revenue rose 11% year-over-year
Diluted EPS for fiscal Q1 rose 21% year-over-year
Company repurchased $21.8 mln of common stock during the quarter
CRVL•
