The increase in other operating expenses is primarily comprised of an investment in our outpatient electronic medical record systems, along with travel expenses returning to pre-pandemic levels.

Feb 24, 2023 / receipt, needs a key / Robert Ortenzio, CEO | earnings call 2023-02-24 | transcript fa3db51f-0d79-404d-be55-2b7305245c86 | chars 9643-9837 | segment 9

Consentra experienced a 1% improvement in their salary, wage, and benefit-to-revenue ratio from prior year Q2 and remained consistent with Q1. The reduction in adjusted EBITDA margin from prior year was primarily a result of increased lab and medical supply costs in addition to travel expense returning to normal.

Aug 5, 2022 / receipt, needs a key / Robert Ortenzio, CEO | earnings call 2022-08-05 | transcript fd9fafa7-d0f6-4bbb-9ec7-62135844642a | chars 9998-10312 | segment 10

Other operating expense to revenue ratio increased by 9% over prior year Q2, mainly due to marketing and travel costs returning to pre-pandemic levels.

Aug 5, 2022 / receipt, needs a key / Robert Ortenzio, CEO | earnings call 2022-08-05 | transcript fd9fafa7-d0f6-4bbb-9ec7-62135844642a | chars 11439-11590 | segment 11

Kevin, I also think that I mean, the increase in agency nursing that we saw was truly a function of price elasticity to the extent that health systems were offering substantial dollars for those nurses. I mean, for every incremental $10 more they could make, you're going to have a whole bunch more nurses going. And I think the reverse is the same way. To the extent that pricing is going down, then you're going to see nurses leave the the travel nursing programs and move into a full-time program.

Aug 5, 2022 / receipt, needs a key / Bob Ortenzio, CEO | earnings call 2022-08-05 | transcript fd9fafa7-d0f6-4bbb-9ec7-62135844642a | chars 27824-28324 | segment 28

You quoted the $111 an hour is sort of where you're seeing things. I guess that's for the second quarter, or is that as you exited the second quarter? And if contracts are rolling off, I know a lot of these contracts are, I think you're using some travel or three-month contracts. Are you seeing the renewal rate be even lower than that $111, or is it sort of plateauing a little bit here? Yeah, AJ, what we saw in June was a rate of $95. So when we saw that drop in July to $90. So we continue to see that. Historically, we've been in the $72 to $78 range. There's probably more than half of our hospitals have rates below $90.

Aug 5, 2022 / receipt, needs a key / AJ Rice, other | earnings call 2022-08-05 | transcript fd9fafa7-d0f6-4bbb-9ec7-62135844642a | chars 34579-35207 | segment 35