874866--6/11/2010--CORVEL

related topics

{system, service, information}

{regulation, government, change}

{product, market, service}

{financial, litigation, operation}

{product, liability, claim}

{personnel, key, retain}

{cost, operation, labor}

{acquisition, growth, future}

{stock, price, operating}

{capital, credit, financial}

{tax, income, asset}

{customer, product, revenue}

Our annual sequential revenue may not increase and may decline. As a result, we may fail to meet or exceed the expectations of investors or analysts which could cause our common stock price to decline. Exposure to possible litigation and legal liability may adversely affect our business, financial condition and results of operations. If lawsuits against us are successful, we may incur significant liabilities. Our failure to compete successfully could make it difficult for us to add and retain customers and could reduce or impede the growth of our business. Declines in workers compensation claims may harm our results of operations. If the utilization by healthcare payors of early intervention services continues to increase, the revenue from our later-stage network and healthcare management services could be negatively affected. We face competition for staffing, which may increase our labor costs and reduce profitability. If competition increases, our growth and profits may decline. The failure to attract and retain qualified or key personnel may prevent us from effectively developing, marketing, selling, integrating and supporting our services. If we fail to grow our business internally or through strategic acquisitions we may be unable to execute our business plan, maintain high levels of service or adequately address competitive challenges. Our Internet-based services are dependent on the development and maintenance of the Internet infrastructure. An interruption in our ability to access critical data may cause customers to cancel their service and/or may reduce our ability to effectively compete. The introduction of software products incorporating new technologies and the emergence of new industry standards could render our existing software products less competitive, obsolete or unmarketable. A breach of security may cause our customers to curtail or stop using our services. If we are unable to increase our market share among national and regional insurance carriers and large, self-funded employers, our results may be adversely affected. If we lose several customers in a short period, our results may be materially adversely affected. We are subject to risks associated with acquisitions of intangible assets. If we are unable to leverage our information systems to enhance our outcome-driven service model, our results may be adversely affected. The increased costs of professional and general liability insurance may have an adverse effect on our profitability. If the referrals for our patient management services decline, our business, financial condition and results of operations would be materially adversely affected. Healthcare providers are becoming increasingly resistant to the application of certain healthcare cost containment techniques; this may cause revenue from our cost containment operations to decrease.

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874866--6/11/2010--CORVEL_CORP