The Save Mart Companies Honored for Transforming Workers’ Comp Program in Collaboration with CorVel

Rhea-AI Summary

CorVel Corporation (NASDAQ: CRVL) announced that its partner, The Save Mart Companies, has received the prestigious 2025 Workers' Compensation Risk Management Award for Excellence from PropertyCasualty360. Under the leadership of Risk Management Director Rosie Partida, Save Mart transformed its workers' compensation program through collaboration with CorVel, implementing innovative strategies including a 24/7 nurse triage line and data-driven safety protocols.

The program's success is evidenced by remarkable metrics: a 25% reduction in new claims across operations in 2024, a 43% decrease in claims at five high-volume locations compared to 2020, and significant reductions in common injuries, with sprains/strains down 40% and lacerations reduced by 19%.

Positive

• Partnership with Save Mart demonstrates successful implementation of CorVel's risk management solutions
• Client achieved 25% reduction in new claims across operations
• High-risk locations saw 43% decrease in claims compared to 2020
• Significant reduction in common injuries: 40% decrease in sprains/strains, 19% in lacerations

Negative

• None.

Insights

Risk Management Specialist

CorVel's partnership with Save Mart delivered significant workers' comp improvements, showcasing CorVel's effective risk management solutions.

This award recognition for The Save Mart Companies highlights a successful implementation of CorVel's risk management solutions that produced tangible results. The transformation from a reactive to preventive approach yielded impressive metrics: a 25% reduction in new claims across Save Mart's operations and a 43% drop at high-volume locations compared to 2020 (excluding COVID cases). Specific injury reductions including 40% fewer sprains/strains and 19% fewer lacerations demonstrate the effectiveness of CorVel's suite of services.

The deployed solutions—particularly the Advocacy 24/7 nurse triage line—represent CorVel's technological approach to workers' compensation management, aligning with their stated corporate focus on applying technology including AI and machine learning to healthcare cost management. This case study serves as evidence of CorVel's ability to deliver measurable value to large enterprise clients (Save Mart operates 194 stores across multiple states with 12,000+ associates).

What makes this particularly noteworthy is the comprehensive approach combining immediate clinical intervention, data-driven safety protocols, and collaborative claims resolution. This award validates CorVel's service model and demonstrates their capacity to help clients achieve significant cost reductions through prevention rather than just claims processing. For CorVel stakeholders, this represents both a marketing win through third-party validation and evidence that their business approach delivers measurable client outcomes.

FORT WORTH, Texas, Aug. 26, 2025 (GLOBE NEWSWIRE) -- CorVel Corporation (NASDAQ: CRVL), a national provider of risk management solutions, congratulates its partner, The Save Mart Companies, one of the West Coast's largest regional, full-service grocery chains, for being named one of three recipients of the 2025 Workers’ Compensation Risk Management Award for Excellence, presented by PropertyCasualty360. The award was announced at this year’s Workers’ Compensation Institute (WCI) Conference in Orlando, Florida.

The Save Mart Companies risk management team, led by Rosie Partida, Director of Risk Management, is recognized for its transformation of the company’s workers’ compensation program through strategic innovation, enhanced safety protocols, and employee-first policies. Under Partida’s leadership, the company transitioned from a reactive claims model to a prevention-focused approach, prioritizing timely care, cross-functional collaboration, and enhanced employee outcomes.

Partnering with CorVel, The Save Mart Companies team implemented a suite of best-in-class strategies, including:

• Deployment of an Advocacy 24/7 nurse triage line to provide real-time clinical support and reduce unnecessary external care
  
  
• Adoption of a data-informed safety culture focused on accountability, proactive training, and continuous improvement
  
  
• Redesign of claims review through collaborative roundtables involving risk teams, CorVel adjusters, and legal partners to drive faster and more effective resolutions
  

The impact of Save Mart’s proactive strategy has been both immediate and measurable. In 2024, The Save Mart Companies saw a 25% reduction in new claims across its entire operation. At the five locations with historically the highest claim volumes, claims fell by 43% compared to 2020 (excluding COVID-related cases). Common injury types, including sprains/strains and lacerations, saw declines of 40% and 19%, respectively.

“The Save Mart Companies’ program reflects the power of coordinated strategies and early intervention in improving both employee outcomes and organizational performance,” said Michael Combs, President and CEO of CorVel. “We’re proud to support their efforts and celebrate their success in setting a new standard in risk management.”

The Workers’ Compensation Risk Management Award for Excellence recognizes organizations that demonstrate innovation, measurable improvements, and adherence to ethical standards in workplace safety and claims management. The Save Mart Companies stood out for its commitment to continuous improvement, employee well-being, and strategic claims resolution. The 2025 honorees will be featured in the August 2025 issue of NU Property & Casualty magazine and highlighted on PropertyCasualty360’s official website.

About The Save Mart Companies
The Save Mart Companies operates 194 Save Mart, Lucky, FoodMaxx stores in neighborhoods throughout California and Western Nevada, as well as 11 Roth's and Chuck's Fresh Markets in Oregon and Washington. Proud to be one of the West Coast's largest regional, full-service grocery chains, the Company and its more than 12,000 associates take extra care to provide customers with the freshest food for their families at affordable prices. The Save Mart Companies' philanthropic non-profit organization, The CARES Foundation, provides vital resources for children and families and has donated over $5 million to local communities. For more information on The Save Mart Companies, please visit: www.TheSaveMartCompanies.com Media Contacts: TSMCPR@glodownead.com

About CorVel
CorVel Corp. applies technology, including artificial intelligence, machine learning, and natural language processing, to enhance the management of episodes of care and related health care costs. We partner with employers, third-party administrators, insurance companies, and government agencies in managing workers’ 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 our partners and their customers and patients.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
All statements included in this press release, other than statements or characterizations of historical fact, are forward-looking statements. These forward-looking statements are based on the Company’s current expectations, estimates and projections about the Company, management’s beliefs, and certain assumptions made by the Company, and events beyond the Company’s control, all of which are subject to change Such forward-looking statements include, but are not limited to, statements relating to the Company’s services and the Company’s continued investment in these and other innovative technologies, and statements relating to the Company’s product offerings. These forward-looking statements are not guarantees of future results and are subject to risks, uncertainties and assumptions that could cause the Company’s actual results to differ materially and adversely from those expressed in any forward-looking statement results of operations and financial condition is greater than our initial assessment. The risks and uncertainties referred to above include but are not limited to factors described in this press release and the Company’s filings with the Securities and Exchange Commission, including but not limited to “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended March 31, 2025, and the Company’s Quarterly Report on Form 10-Q for the quarters ended June 30, 2025, September 30, 2024 and December 31 2024. The forward-looking statements in this press release speak only as of the date they are made. The Company undertakes no obligation to revise or update publicly any forward-looking statement for any reason.

Contact: Melissa Storan
Phone: 949-851-1473
www.corvel.com

FAQ

What award did The Save Mart Companies receive in partnership with CorVel (NASDAQ: CRVL)?

The Save Mart Companies received the 2025 Workers' Compensation Risk Management Award for Excellence from PropertyCasualty360, presented at the WCI Conference in Orlando, Florida.

What were the key results of Save Mart's workers' compensation program transformation with CorVel?

The program achieved a 25% reduction in new claims across operations in 2024, 43% decrease in claims at five high-volume locations, and significant reductions in common injuries with sprains/strains down 40% and lacerations down 19%.

What strategies did CorVel implement for Save Mart's workers' compensation program?

CorVel implemented an Advocacy 24/7 nurse triage line, data-informed safety culture focused on accountability, and redesigned claims review through collaborative roundtables involving risk teams, adjusters, and legal partners.

How many stores does The Save Mart Companies operate in partnership with CorVel?

The Save Mart Companies operates 194 stores (Save Mart, Lucky, FoodMaxx) in California and Nevada, plus 11 Roth's and Chuck's Fresh Markets in Oregon and Washington.