« Mystified | Main | How HMOs make money »

Even more Mystified

A couple of sources informed me that the company CorVel bought in California is actually a Work Comp claims company - a third party administrator or TPA.

This is really confusing. Not only does CorVel sell their services to TPAs, but the TPA business in California is in the tank these days. While this may have helped CorVel get a good price, it also means opportunities are limited.

Not only does the stock price bewilder me, so does the strategy.

Comments

They were marketing their new TPA services at RIMS in Hawaii. Aloha

Post a comment

Due to the growing number of spam comments, I have to ask you to do one more thing to get your comment posted. Just type in the text you see in the box below into the textbox to the right. That will prove you are a real human and not a computer system that is posting spam. Please be careful to enter in the right code; if you make a mistake the system may temporarily block you. If the authentication system is blocking you, try again in an hour. If you continue to be blocked, send your comment to jpaduda AT healthstrategyassoc DOT com and note that you would like your comment posted. Thanks.