Where there could be potential opportunities in the guidance, as we mentioned, the Midwest Regional Reception Center and the Cal City facility, the longer-term contracts are not baked in. I think we took a fairly reasonable approach on per diem increases, particularly from state customers. They don't kick in until July. That's not coincidentally the same month where we provide wage increases to our staff. So we're in discussions with most state legislatures right now. Our legislatures are in session, and we'll see where we come out on that. There potentially could be upside with per diem increases there, but we won't know that for another couple months.

May 8, 2025 / receipt, needs a key / Dave, other | earnings call 2025-05-08 | transcript ad106722-f5f2-4c07-bbd5-61b0e8555d3d | chars 55593-56254 | segment 56

During the fourth quarter, we were able to further reduce registry nursing, temporary wage incentives, and travel, all related to labor market pressures that have normalized over the past several quarters.

Feb 11, 2025 / receipt, needs a key / Dave Garfinkel, CFO | earnings call 2025-02-11 | transcript 4d94a558-7639-4ed5-8f06-a60a8fdaf76b | chars 28072-28277 | segment 28

In 2022 and in 2023, labor market pressures necessitated temporary incentives and related incremental operating expenses, including travel and expense outlays. The core civic team responded by increasing frontline employee compensation, as well as by designing and implementing unique human capital attraction and retention strategies. Today, I am proud to report that our staffing has improved to nearly pre-pandemic levels, and that has allowed us to dial back elevated spending on temporary incentives and associated travel expenses.

Nov 7, 2024 / receipt, needs a key / Damon Heiniger, CEO | earnings call 2024-11-07 | transcript 3ea3b6fa-2e4d-4862-84a3-70fc69ed935e | chars 8823-9359 | segment 9

During the third quarter, we were able to continue reducing certain operating expenses, such as registry nursing, temporary wage incentives, and travel, all related to labor market pressures that have been steadily easing over the past several quarters. These three expense categories declined by $9.7 million from the third quarter of 2023.

Nov 7, 2024 / receipt, needs a key / Damon, CEO | earnings call 2024-11-07 | transcript 3ea3b6fa-2e4d-4862-84a3-70fc69ed935e | chars 22844-23185 | segment 23

During the second quarter, we were able to continue reducing certain operating expenses, such as registry nursing, temporary wage incentives, and travel, all related to labor market pressures that have been steadily easing over the past several quarters.

Aug 8, 2024 / receipt, needs a key / CFO, CFO | earnings call 2024-08-08 | transcript 2b7068ce-570a-4fef-996f-daba20b394ce | chars 22185-22439 | segment 22

And then as you know, on our federal contracts, wage determinations are required by contract, which in turn we have to pay those rates with our employees under those contracts. So if those wages go up, And regardless, if they go up modestly or meaningfully, we get reimbursed dollar for dollar through our contracts. And so that's a great feature in those contracts. So if those wages continue to go up, which typically those are a little slower to see adjustments year over year versus our state contracts. So we could see some meaningful increases in salaries through the wage termination process here in a couple of years and in turn I'll have to get reimbursed for that and announce that I could adjust our per diems in a pretty meaningful way.

May 8, 2024 / receipt, needs a key / Damon H. Hininger, CEO | earnings call 2024-05-08 | transcript a3df8a68-be6f-42d4-bba0-d88378636938 | chars 29664-30412 | segment 30

So I think we've been really good at getting those per diem increases the past couple years. Most states are in legislative session right now, so hard to say what is going to happen July 1 of 24, but we continue to have those conversations, particularly in states where we didn't necessarily get a per diem increase that fully compensated us for the wages that we provided the past year or two.

May 8, 2024 / receipt, needs a key / Damon H. Hininger, CEO | earnings call 2024-05-08 | transcript a3df8a68-be6f-42d4-bba0-d88378636938 | chars 31430-31824 | segment 31

But it also sounds to me from what you're saying that if some of those modifications were made, it would also have a positive impact on your per diems in the facility. Is that the right way to think about it? Oh, absolutely. Yeah. I mean, we would build that into our pricing model and make sure that, you know, we get an adequate return for any CapEx that we'd have to put into it.

May 8, 2024 / receipt, needs a key / Ben Briggs, Analyst | earnings call 2024-05-08 | transcript a3df8a68-be6f-42d4-bba0-d88378636938 | chars 40972-41354 | segment 41

During the first quarter, we were able to continue reducing certain incremental labor-related expenses, such as registry nursing, temporary wage incentives, and travel, despite inflation and labor market pressures that have been steadily easing over the past several quarters.

May 8, 2024 / receipt, needs a key / Dave Garfinkel, CFO | earnings call 2024-05-08 | transcript a3df8a68-be6f-42d4-bba0-d88378636938 | chars 18618-18894 | segment 19

And then going back to the discussion we had earlier about wage increases and getting reimbursed through per diem increases. It's a combination of those that's driving the revenue.

May 8, 2024 / receipt, needs a key / Damon Heininger, CEO | earnings call 2024-05-08 | transcript a3df8a68-be6f-42d4-bba0-d88378636938 | chars 46329-46509 | segment 46

During the fourth quarter, we were able to continue reducing certain incremental labor-related expenses, such as registry nursing, temporary wage incentives, and travel, despite inflation and labor market pressures that have been steadily easing over the past several quarters.

Feb 7, 2024 / receipt, needs a key / David Garfinkel, CFO | earnings call 2024-02-07 | transcript a7057630-c12e-40e6-a2f2-cf0afe283e63 | chars 21830-22107 | segment 22

So, really nice solid sequential growth in secure services revenues. You know, some of that's from population increases. I think some of that's for some increases in per diems. Could you kind of parse out relative contribution for that revenue increase between the population increases and per diem increases?

Nov 7, 2023 / receipt, needs a key / Joe Gomez, other | earnings call 2023-11-07 | transcript 5929b30d-f129-4388-8b68-f2d16768eb56 | chars 28576-28885 | segment 28