What I was sort of taking away from earlier comments is that the bill pay spread in travelers is getting kind of back to something that is normal, but that what's weighing on the spread gross margin is lodging and other costs related to, you know, the traveler's expenses.

Aug 8, 2024 / CFO / receipt, needs a key / Jeff Knutson, CFO | earnings call 2024-08-08 | transcript 12dff11b-33aa-4845-95ac-6f0246f4a7ff | chars 34379-34651 | segment 35

Yeah, let me talk a little about competition and then, you know, Jeff can talk a little about the transparency we have on bill rates. We have been in a competitive environment. We continue to be in a competitive environment. So I don't see that changing in the short and intermediate term. And so we've seen pressure, as everyone in the industry has, over the past year. So that's reflected in both what you have seen from a performance standpoint, but also our forecasting. Yeah, Mark, and then I would just say on the bill rates for the third quarter, when we look at, you know, the bill rates that we have in July for our travelers on assignment and where we're booking, you know, future TOA, that supports that low single digit down into the third quarter.

Aug 8, 2024 / CFO / receipt, needs a key / Jeff Knutson, CFO | earnings call 2024-08-08 | transcript 12dff11b-33aa-4845-95ac-6f0246f4a7ff | chars 22429-23189 | segment 23

Yeah, that's accurate. You know, when we think about nurse and allied gross margins in the second quarter, you know, all other elements of the bill pay spread actually improved slightly over Q1 levels, and the downdraft came from the housing and the per diems, you know, as well as we had a favorable workers' comp adjustment in the first quarter that didn't repeat in Q2 within nurse and allied.

Aug 8, 2024 / CFO / receipt, needs a key / Jeff Knutson, CFO | earnings call 2024-08-08 | transcript 12dff11b-33aa-4845-95ac-6f0246f4a7ff | chars 34686-35082 | segment 35

Travel nurse revenue in the fourth quarter was $353 million, a decrease of 40% from the prior year period and 8% from the prior quarter.

Feb 15, 2023 / CFO / receipt, needs a key / Jeff Knutson, CFO | earnings call 2023-02-15 | transcript 5e7d03e7-8536-4674-8111-861ec94751f3 | chars 13450-13586 | segment 14