CorVel Corporation is an American provider of healthcare management services and solutions for workers' compensation, auto & liability, group health and disability insurance markets. The company’s target markets include: employers, insurance companies, third party administrators, and state and municipal governments. The company’s services include claims management, bill review, preferred provider networks, utilization management, case management, directed care and Medicare services.
|Net income||$28.5 million USD (2016) $28.5 million USD (2015) $34.3 million USD (2014) $26.7 million USD (2013) $26.5 million USD (2012) $24.6 million USD (2011) $26 million USD (2010)|
|Revenue||$504 million USD (2016) $492 million USD (2015) $478 million USD (2014) $429 million USD (2013) $413 million USD (2012) $380 million USD (2011) $337 million USD (2010)|
|Key people||V Gordon Clemons: Chairman & CEO Richard Schweppe: Chief Financial Officer Michael Combs: President|
|Industry||Claims Management and Healthcare Management|
|Products||Claims Management and Healthcare Management|
NPS is a customer loyalty metric that measures customers’ willingness to not only return for another purchase or service but also make a recommendation to their family, friends or colleagues.
It is a powerful and effective technique, which can greatly increase a company's revenue if used properly.
The main advantages of NPS are close correlation with a company's growth and easy collection, interpretation and communication of the data.
Yes, it is.
Net Promoter Score is a number from -100 from 100.
Scores higher than 0 are typically considered to be good and scores above 50 are considered to be excellent.
The industry average for Finance / Specialty Insurers is 0.
The final Net Promoter Score of a company strongly depends on a context in which the satisfaction is measured.
Consider an example: If CorVel Corp. sends out NPS surveys immediately after purchase, they are tracking their customers' initial excitement and the checkout experience.
On the other hand, if they survey their customers a few weeks after the purchase they are also tracking how satisfied their customers are with their products and services over time.
Therefore, comparing the NPS score of CorVel Corp. with your own without any further context is not that useful.
What is extremely useful though, is using the NPS methodology to track the satisfaction of your customers over time. That's where Customer.guru comes in.
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We have estimated the Net Promoter Score of CorVel Corp. based on the publicly available information
including the sentiment of the company-related tweets, 3rd party reviews, and Alexa ratings.