Ross. you, and our first morning Good Thank call. conference welcome quarter to
and Hammons, Operations President our President Simon, for Stockton, President Clinical and and regional Kevin Lynn and Officer, Hingtgen, Region Medical Operating our Dr. are Western Vice of Chief today me Kevin Chief Officer, Chief Officer. Joining Tim our Financial Executive President
across We've deeply and industries. past of the all our significantly necessary essential especially and of events that's economy. sacrifices lives, workers us, for affected true jobs, remarkable weeks many altering several have businesses, made The
front our other respect personnel lines, earned physicians, caretakers tremendous further the appreciation. nurses, support have and and On
their organization across professionalism our work to the pandemic. am to healthcare I and grateful COVID-XX CHS confront incredibly community and entire the and the for everyone proud of compassion
and Our hospital they every teams have patient who been organized, still ready our And resourceful, needs are. most available for importantly, and support.
leaders, coordinated support teams clock comprehensive, agile and Our have rapid response. regional a leveraging executives worked the and resources our into operations, operational around corporate hospital
very COVID-XX more. the been beginning, safety the company. We Our And on been across every the been, time never goals or our clear focused mantra have when patient, That's not. from there's matters it first. safety positive there's a for whether of entire
protective testing protect worked workers ensuring adequate and our personal sometimes We challenged supply exposure, availability. capabilities, teams have equipment healthcare screening from implementing medical despite and to by
have important with with in We and worked officials communities partnering information. help our educate the by to health our flatten curve departments doing the and by to part local public
easy The we in not solving our this been crisis. readiness times challenges Next, at frankly always and such on also dynamic problem has abilities. forth brought complex a have all focused operational in the best
And manage every so far for issue we've been to CHS. through difficult able
readiness two tracks. Operational requires
search communities preparedness necessarily in we and the a serve. of conditions potential patients for First, care the COVID-XX the
recapture to teams and track to ensure as safe appointments, deferred we surgeries it's ready second so. would simultaneously has soon to be as The working procedures, do
a our In and ongoing planning operational will and regarding details provide our minutes you with few more Lynn response. Tim
conditions. goal is rapidly to third adapt to new Our
in our work accelerate the patients, mid-level We've some changed we've to in important the over ways learned us months capabilities our relationships of nearly two tele-health Some physician make deepen past focused across we our interact improve supply stronger. providers. changes and including X,XXX chain, we've communities, implemented strengthen with and will to the way processes, our cases,
collaborating jobs working as to supporting business and efforts employees, crisis ensure support help ensuring public payers, other been emerge with possible and liquidity hospitals actions, relief packages include our in legislative These advocating business made going and our competitive to Incredible preserve have vendors, forward. including America's have that and advantage. stimulus health possible in flow every as valued from our activities we Finally, ways protect will operations, for worked many with cash CHS for to adequate position. the and to partners
One more move including unforeseen tornadoes thing years Several hardships to I Cares medical CHS the quarters and before disasters results. crisis. suffering to major due Fund help like or to back, was established hurricanes on circumstances the employees natural
by have we Fund those to COVID-XX expanded Now affected help who our Cares are crisis.
our of regional funding deductions. provided efforts some $X Care to our on board presidents, other CHS have voluntary from over taken along members These million team of have Our officers, our our Funds. salary even partners corporate and additional donations members with charitable in
cause I has worthy and intended fund contributed employees with the across who affiliated want applying everyone hospitals a its serving to for already number this is our of assistance. to purpose thank
Kevin let and quarter a detail Now me talk go about will the minute into shortly. more
our across as you growth was growth strategic improvement As made initiatives, And progress EBITDA CHS company's XXXX, the as very net including program. all in that know, XXXX. well in driving strong margin adjusted revenue performance good considerable
despite increased third of XXXX, of and quarter our during a adjusted increased X% X% recall, divestitures, quarter on a XXXX. the the will you If of during EBITDA number consolidated fourth basis
the XX%. at had EBITDA of our of Looking increased two February end first through the months XXXX, adjusted
we immediately to prior States COVID-XX, began as as March, off our certainly neared certain required services, to April. shelter-in-place middle were volumes continued was and start elective negatively a XXXX That impacted. suspend of strong the and to in were other hospitals surgeries impact the and throughout implementing of trend company The orders
and even the be challenging. As we a to result, more the expect second COVID-XX the financial during pandemic quarter impacted our performance impact quarter first
predict about our pressures fully recapturing country. company, recovery about long the or take. and remain we We optimistic hospital the of these organized will how cannot will near-term industry, and business what future happen our and While continue next the
other part expenses terms resulting pandemic. hospital increased industry. we nation, to with to began and from Group, offset the president We're American support of The opportunity leaders In the the overcome Great Revival loss economic the as will appreciate Trump's initial the public help is we’ve Cares COVID-XX pleased of Act, citizens business revenue which of crisis. for with health as be tasked country working in portion a restoring grant U.S. for across our
to will maturities position the it we As the today, debt first fourth program of company's announced XXXX relates and during liquidity. improve and communicated noting proceeds. divestitures our Cares Act and quarter our will these the divestiture generate the complete that have XXXX, our additional help The cash it's closing our that with worth out liquidity, the transactions of pushed of strengthening quarter cash we also
loss expect including employer-sponsored which health to company's levels be returns, care ahead, which pace to the health Looking of could forward, impacted potential is to are weeks difficult the about at and utilization what changes the insurance unemployment predict. mix, in by the payer
as shelter-in-place are And orders lifted.
in phased services, of comes different, that for will that solve careful will in our We know that The our we're circumstance to of problems, focus next. that flatten our and teams is. whatever reopen teams we closely is continues our a no and necessary to to our in approach What change purpose monitor see doing the care the taking when each whatever is can other, we important so a strong markets on COVID-XX communities. are managed organization and do if adapt resilient patients number a be and to remain CHS curve to weeks of always beginning ahead people, has and the ready
us. will We do to on for best who everyone continue our counts
COVID-XX So, our and now I'd Lynn? response. like lead of Lynn to to call helped has Dr. key over aspects organize turn the Simon who
