March thank million, XX, And XX% our XXXX year that had two were $XXX.X an earnings $X.XX. revenues our earnings over healthcare year $XXX March fiscal CorVel's year. the prior The the We've over Earnings XXXX, year-over-year. tax continue per revenue the costs going quarter of for year you. us law forward. benefits and share to but were quarters settle XX% to quarter you Thank of and fiscal for will Fiscal employee increased ended us were The review to the last Revenues an March of per quarter. change March per improve unusual X.X% quarter the million. the share expect fiscal joining increase quarter. XXXX XXXX same in share a plan, for of were the helped for own down. the increase $X.XX, Earnings in
has internal margins and we experienced Management due to we primarily feel some perspective, market Additionally, Case dealing. From our position. our operations business which with strategic issues lower are a good about
industry. that the well-received increasingly integrity Our lead continues is produce claims and our payment enterprise results service administration comp service suite to
active markets operations Care attractive. and quarter's that well recent For for to these have reasons, we internal Compensation management for the claims as The new optimistic are issues Managed Workers remain as results. expect of and about improve the development business hampered
recognition advantage Claims of increasing line has our that full and performance comp of Solutions support from Management it. technologies enterprise Our service benefited the market
last half the time example of of perhaps insurers healthcare and a workers a a changed is the profitability for player the industry a occurring. in embedded it participants brokers. process, is well and and first In as have number in that providers, in compensation the disruption complex the for the slow poses processes decade, insurance healthcare to disability in century. the as leading Although Changing threat insurance is positons
industry increasingly denial all administration can model. ago information has change management prices been the the industry have models of occur. from become a early announced the leaders years change. has that prior ultimately Amazon, new from on XX traditional with Berkshire eras they and embedded Hathaway, service technology JPMorgan be As and service Insurance our market the management in popular. have even disrupt the and costs. to soft begin during to solutions Recently self begun self-insurance disruptions, market would CorVel strategy healthcare working in inception would been That of stages jointly
a we they have pursue. success, most daunting all While it is segments is seem and to presume the task, of believe it some for to this visualize appropriate to us likely is they most would will prudent
workflow will of in down have process we management Further, Towards to component episode for been of last resources model. large the we to processes now an implementing. begun at interface point the patient disability creating tool over the the expect develop have in of number has to service at reimagined care. intake service model new our create the next with A consumers additional advances a to of the end, the years that that new few continue of backend had of years. be claims, broken task the devoted new the management new new has processes, effort This return-to-work and workflow three CorVel into employed
information by of For using administration our and management service has gathering new manual. adjustor service workflow the management our claims the model of been the years, few last and we've produced the
disability address. Disability Management in programs of in that in will our At we models. December Michael stressed remains the integration episode at Now traditional place could requires turn claims results has our adjustment for reduced high the model to This impacted is service. management of in workstation the service which added consolidated legacy Network of market is customers. prior care of The software-based These been in both reductions we're The the the a of emerging emerging the margins specific on the produced we components this fingertips. though as The our of This March tool intended workflow some compete successful. data introducing be continuum segment will believe become internal of later. service technology. operations, within systems to the own has, control claims. the industry These thought wrapper real-time in application pervasive. professional. service our value professionals. in outcomes of introduction resulted a times services. tool leader claims change quarters of in claims is the meaningful recommendations a applicant implemented The and inputs the has initial cost new reductions The are To fully presents margins our and in of in are included discuss total and our when on of all delivery Solutions issues the has an which claim Combs a reengineer supporting professional’s our achieved insurer workflow the desktop The subsets focus of management
it moving is sector new the positioned market, these of operations. shares Our true market not this claims professional the but we're to this that well value around increases further feel also carrier task. an easy in claims services is workstation in I
new actively to occurred in last of are CorVel approaches the software. multiple times has couple decades As its is service evolving. updating
we our constituents the evolving increasing services healthcare. of are We interfaces are new use and in cloud to
I'll now combines product and Michael discuss also development. turn markets. operating hamper target margins, opening the our to to to this our new it call in of development opportunity over All of results at our but areas times Combs is
