Core Insights - CorVel Corporation announced the winners of the 2025 Theo Awards, recognizing Sharp HealthCare, the State of North Carolina, and The Save Mart Companies for their achievements in workers' compensation [1][6] - The awards highlight organizations that have innovatively transformed workplace safety, claims management, and employee care, leading to reduced costs and new industry standards [2] Group 1: Sharp HealthCare - Sharp HealthCare was recognized for its biopsychosocial transdisciplinary model, which effectively addresses complex claims related to traumatic brain injuries, chronic pain, PTSD, and substance abuse [3] - The model focuses on early identification of psychosocial risk factors, resulting in accelerated recovery timelines and reduced prescription drug dependency [3] Group 2: State of North Carolina - The State of North Carolina demonstrated exceptional crisis management following Hurricane Helene, ensuring access to medical care and wage replacement for injured workers in the disaster area [4] - The partnership with CorVel involved expanding provider search efforts and coordinating care during significant infrastructure damage and communication outages [4] Group 3: The Save Mart Companies - The Save Mart Companies implemented a comprehensive workers' compensation strategy focusing on prevention, early intervention, efficient claim resolution, and collaborative execution [5] - This strategy has led to fewer claims, faster settlements, and reduced overall program costs while enhancing workplace safety [5] Group 4: CorVel Corporation - CorVel applies advanced technology, including AI and machine learning, to improve the management of care episodes and related healthcare costs [7] - The company partners with various stakeholders, including employers and government agencies, to manage workers' compensation and health services [7]