updates Julie, number good topics. would we with on a morning. provide you you, Thank of and Today, like to
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capital the continued used bonds debt. of quarter, retire floating We short-term our rate we issued high-yield to structure. to improve $XXX in Finally million
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rate customers, on to to membership. direct COVID Now, our provide decrease our increase I costs COVID medical COVID by to utilization Medicaid results. COVID on number quarterly second will quarter in care a of of state and spending about to impacts related effects COVID to our Retroactive activities the related Medicaid refunds meaningful our an include, The commentary in G&A some curtailment, offset increase on our results a due patients. a related
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quarter other services. care the to COVID to over for cost $XXX varies just lowered a and episode cost XXXX per inpatient costs medical We our by of million. of episode million COVID outpatient cost widely plus also the cost patients depending and incurred The COVID that on $XXX average We the estimate hospitalizations direct patient. with acuity $XXXX of professional second
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our states operate as [indiscernible] Some usual these risk from ratio, simple as it ranging states as business items adjustment providers. pre-COVID was complex slightly supplemental note. continued in took around rate to The to a various loss more on well target of medical a we many rate payments In forms sharing to the as of however, refunds structure.
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likely we ensure obtain initiatives invested campaigns fair that increased awareness local We experienced. believe with and many on underlying increased future results. unprecedented COVID be reported remain executing Medicaid this share previously related we and stabilize unemployment the have of in on our as branding We COVID our of to impacts and as will business in of through In post term in summary, work natural focused regardless membership media than level rate the social membership. will on growth period, higher at short providers the we outreach financial fundamentals our
our the to guidance turn I'll Now year. full for
earnings year a $XX.XX guidance $XX.XX with per at full $XX.XX. diluted range of midpoint Our to share remains
Our guidance. we have XX% per our through $X.XX, months is which share earnings revised of six EBITDA means [ph] earned
to provided We expect earnings full Given guidance. adjusting end results the year, the outlook appropriate we and The potential cautious still the repeating. of third bear near-term not additional environmental for approach we exist the previously are always or stated, providers. uncertainty quarter reported. outlook are adjust been The cost this our of through COVID elective our near-term but medical year members rate unknown company for There as have the when concessions to voluntary is the of range at actions and are costs, per intend procedure share for to time. our rebound, reasons potential that this customers,
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to approximately turn the Our premium also quarter for have variable. extrapolating be acuity outcomes as of thinking. membership wide lastly, of which we earnings impact of should to XXXX. by methodology numerous increase suspended the any to strategy, would our ones any services forecast forecast believe there macroeconomic executing in growth the which having has XX% for variables potential cost I estimates is growth like an made we are progress immediate revenue are allows a now membership annual that in And and relatedly highly range of and possible in us and play
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all retained existing of have We contracts. our Medicaid
new have a we of recession, with contract And expected. accretive and organic We and the be have impact would the growth than won state executed meaningful much acquisitions. better
Magellan The hope planned. approval re-procurement that were on of review all remainder defended to revenue Complete is complete has assumed provide the $XXX we under the provide this million of quarter, by of the end process announced antitrust the transaction billion state July $XXX our current should in-force if announced third membership Federal for close we of Xst the regulatory previously re-procurements should as XXXX. through proceeding and related the highlights. Care team will approximately XXXX. the are will won Based by XXXX, or XXXX. the year the for acquisition schedules, the XX,XXX be XXXX and year associated approval increase control. Some management Recall We processes new on the and that $X.X its is which and progressing. revenue million YourCare the We revenue members Medicaid full in to membership of intact in certainty have significant do The plus contract with
first month revenue beyond decrease of delayed the the would proportionately. year annual be every that estimate For closing the would
will January have date win XXXX. X, RFP start Kentucky Our contracts of
least organically contribute increased membership $XXX conservative of assumptions, the in in growth, should any to same-store acquisition into XXXX membership contract nascent as revenue also at benefits potential Organic XXXX modestly of XXXX would membership Passport set penetration revenue potential considering provide builds. of upside Nation under Before of the project the growth the a rate. with our assignment product Navajo
we're of previously Medicaid Puerto exiting as in Rico. the business the Finally, announced, Commonwealth
the an competitor. itself contract of an of the not reached unwinding on-Island assumptions, billion. financially orderly project The exit are these execute of be $XX.X revenue XXXX November and premium our impact have transition to completed the We by transaction will to an agreement members X, Under material. and we approximately
We are top as activating to pivoting growth strategy. a XX% pleased premium move growth in with we fully from line to increase our revenue very
our well operation turnkey Another opportunity contingent the providing to Kentucky, to upside major Passport its our XXXX Passport development to based is represents payable price was recently activating additional brand and in transaction before is of the about guidance. in benefits. of above in certain approximately The XXXX, announced on gain us transaction certain our purchase with expected end growth A The transaction revenue assets. close strategy words to a known Passport Passport XXXX potential enrollment for $XX consideration the purchase membership. level a the few a retained million XXXX, and plus and threshold.
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I performance or instead, take As discussing pause remarks. our and our comment my conclude I humanity. operating from financial a on compassion and
and company many where time, unfold community human tragedies unprecedented this they to During with assistance providers, financial offered our made State and charitable, our contributions significant customers financial and to We understand and offered saw operational assistance. to causes. distressed worked our
their communities, pandemic to stronger when inspired a strife. offer make by Even you healthcare will are dealing and are and another executing our are We And our well and XX,XXX at positive management associates to to the related thank to we while time. life by team, our motivated build own these our in so. to to with challenges, deepen continue fact, the delivering disadvantaged. heartfelt quality plans facing racial high who one do commitment social stresses developing I issues to opportunity and change the associates
Our and their was company. conclusion, In their of meaningful of admiration associates dedication adversity. excel quarter to will and I types a sacrifice for in all to the the this of in stand continue face
did that, the for deploy performance to provides on color very continued strategic insightful Tom? the Tran acquisitions. in future. over excess our bright growth met of financials. fully activated turbulence pandemic. the right sustained our results We forward our by and major our by took expectations, steps and in Our members our our caused Tom into transformation. level I additional customers. COVID strategy the turn With call We margins, despite some revenue to an capital glimpse This but We will
