everyone afternoon. us this Bill, thank to you Thanks, and for joining
I'd Before I get Month. out wishing into start Nurses' by there, business of nurses very a the Happy all the like to results,
Nurses' know, in year, of you honor May and normally, recognition of dedication of time pandemic, Nurses extended we Nurse's nurses contributions throughout celebrate by many Association that Week their the this Month. As declaring but the American is officially has the by
and care especially For quality year to during all the thank you. do you Americans, over that you to the past deliver of we celebrate millions pandemic,
enter execution, we Turning XXXX throughout to assignment and and on business, with Allied performance, our continued our exceeded positive on we of grow Consolidated to expectations healthcare within as very far professionals a number and solid quarter. Nurse exceptional trajectory revenue the especially segment. the profitability higher our productivity
well bill an We above allowed X% reach reporting goal line performance and the sustained us the of $XXX benefits X.X%, revenue but of of milestone, rates during XX-plus believe a than our adjusted their the a quarter taken embracing bill in for to by consolidated more achieved that in our appreciative change, adjusted years. time X% up I the for on results strong was retreat reach margin EBITDA for organization, fourth we company, as as also so year extraordinary our over continued history. to stated half. to than entire rates, well we the two growth. milestones during increases team year actions with in by impressive possible worked, our million from single quarter top adjusted I another of of the margin milestone the and clients also the healthcare believe the both our EBITDA was is and only will QX that hours revenue continue the earlier to First quarter firmly XX% as I Regardless, prior EBITDA highest by an remained for serve. second quarter to that and am a and average last not of the expected to XXXX. and first and Fueled due and margin the dedication year these were elevated achieving progress professionals proud our represented commitment make guidance it tireless recognize execution
each and Country, well Cross the the needed quality, way as has in with offering the demonstrates workers focused value clients, of to our providing bill The Cross associated personal in with by across partnering rates as the Since our pandemic, by Country accordingly risk the the the solid commitment average costs faces. critical has resulted the frontline brings higher noted flexing while assignments, ethical to staff as of length prior shorter Country Our we led our significant nation pandemic as Cross and clearly company on highest market. approach execution the calls. one maintaining start
and to cost be, clients. our to we the that will mitigate been, that all philosophy rising Our continues has do to we can
gross result, a average by XXX over bill margin points the of driving our a As significantly year. rates, rates percentage down pay higher by basis our risen have than prior the business
to balance and fall, number bill same folks pace. both vaccinated of to year, moderate at the rates the we necessarily and of not cases pay though see throughout expect the continue As new rises the
up on for and by revenue Nurse nearly Nurse segments, a Travel growth the strong basis, to XX% Allied sequential XX%. which from our predominantly driven by rose Turning business, was
started the February as were the in from projected with fourth bill rates to for normalize and last peaked clients rates COVID stemming have which and bill up late of more work nurses in average declined quarter decline approximately travel Average year. expected, orders, spikes subsides. in regional for than are XX% to continue nurses rates travel since COVID as we XX%, to As
for travel last to assignment hours up result, the Since than the tenure, by more the of the was a continued recruiter rates, professionals the experienced on average reaching of increase travel double-digit assignments increase in In tracking QX XX%, between on number applicant the improvement COVID a per further in system on in XX significant professionals years. professionals we number of Though in three of following of highest live, nearly average assignment And a assignment. recruiters deployment productivity driven recruiter. some years was bill on grow going driver year. needs, and a addition were to of billable the total one with have in professionals urgent the as higher increase
segment, technologies rate are gains in Also continued bill obviously despite to deploying the travel, businesses local making encouraged Nurse see and travel. quarter. slower school at experienced second are the very and We expect progress than by the the also and decline allied, productivity in anticipated we sequential a during our Allied growth, within on rates albeit
the these recover from impacts and expected to of continued COVID All year. businesses are throughout of grow earlier to from remainder the the
Staffing, by Our and roughly spend other revenue, fourth to the relatively segment, perspective, continued XX% hospitalists only average over related nearly for an to From in fueled the under the urgent sequential rose quarter, bill days higher care prior flat quarter. down over MSP X% as as the for their rates I well Physician billable needs. rise quarter in demand management increase primary Despite was physicians. encouraged see a was
we our critical capture of highest deliver we XX% rate staff at with to our MSPs the needs. to Additionally, continued focus ensuring as increased clients the
XX% represented growth As a nearly MSPs revenue staffing of and XX% management and in the result rose under increase revenue. the consolidated in of from spend capture, our our
business. Looking a on ahead, diminishing we to expect from our see COVID-XX impact
cases COVID declined, in a for especially fully have with are vaccinated, hospitalizations ICU orders, physicians. for As steady declines we of the nearly country third and seeing COVID-related
such heightened seeing an force exhausted part of return in care, by pre-COVID As in we a related levels. nurses, demand for labor numbers at and orders larger as med-surg are result OR driven the and for non-COVID patients specialties, of
As tenants earlier, year, expect second pre-COVID through half relative and the to COVID, bill we hit that anticipate second hardest rates. quarter locum and may such education. remain see throughout Throughout the to those of they I to as in will though we the XXXX, rates by decline recovery mentioned continue fully areas elevated
of see experienced is hours for perspective, work made, producers, and the of This our from a a Country. to attract but a professionals our number result the only local significant growing ability $XXX we in the of of already business, technology to between marketplace expect their projects, continued we year. continuing of our key position middle X% productivity to the other XX% and the Cross our enhancements to both these sequential a mid- not billable a and experience. better payroll Nurse number will and with single-digit in productivity, revenue from and to decline make with revenue increase in and prior X% over of candidate The assignment growth billing between rate several tracking to XX% are world-class including applicant we first exclusively is driven increase From in quarter, be and average the realize representing our For million to healthcare for employee for the the execution, of With essential of being we a number expansion replacement result have believe speed system decline through investments a improved growth professionals, we second by the the progress best as a to we that expect revenue also $XXX our benefits proprietary looking office bill hours the and Allied the to investments million, and operational in almost clients and enhanced system. both company profitability continued segment. client application,
lower prior the strategy education despite path the some and right and flexible, that the points well reinforces a accelerated our of given higher-margin execute continue performance adjusted have our of critical the I'm a market especially and investments and facilities. to lower during first remains And for the above in of EBITDA from ability like mix recovery our across margin on Our thousands the assignments our growth, delivering COVID business, impact while for means quarter, care of favorable guidance the through the the to Americans revenue right of the search. tailwinds. to we value the slightly confident proper of year millions versus our offering from it team, lower-margin level proposition pandemic cost-effective and the rapid to continued and
We standards. continue our growing great new deliver processing I to who that for as with other seek not passion a employees resonates candidates, join a MSPs and the only business to highest ethical clients with outsourcing. workforce and solutions, have service such recruitment but pipeline company believe for to robust with
over more detail. in the results through call Now Bill let me to Bill? the walk us turn to
