morning Keith all Thank good everyone. you for Thank and our joining you call.
appreciate remarks by personnel all day. the each prepared begin how country they saying As I and of do our what the my and support clinical every much and always across professionals I
others. an put a You our country of true as part flattening to of your above the to curve to country in have integral and the much these be during and and truly a times and we of of you during COVID-XX you It honored solution is be serving being are give pandemic. humbled gone team. others to of Again self beyond privilege historic for serve our part so a this yourself above part
positive provide our this to from to periods implications Keith have framed want saw trends how for to results distinct and to we comments mid-March I and extremely some trends between the the as we it mid-April to additional activity begun the with his all going forward. and and finally see color on mid-April financial mid-March relates continue since January with the then
encourage deck my financial is financial Consistent our with this the with supplemental performance. as information provides practice, I to morning. website among our on to posted it past review comments detail breakdown this all on additional sector you details supplemental
the focus managing the to will I'm happy steps quarterly trends. address we cost comments the any pandemic well full are advantage of new context short on help taking we my We are understand the to on well-positioned answer prepared before of going to and the to growth the remain the innovation balance most to the results in also us. historic term I questions of opportunities but as the ensuring that of in lies take during home to with accelerate care the the delivery both opportunities as stats the
this release Starting $X.XX and is organic current reported recall with $X.X Family growth First quarter and our agencies; by it important COVID-XX of per impacted was wage period aggregate share. associated being a adjustments in as for of combined. that few PPE, approximately diluted items. earnings our calculated additional to Also expenses with across noted in our the legacy or million purchases legacy LHC and Almost housekeeping now all is supplies
the or lifts in limitations quarter to CARES Act share certain diluted benefited purposes. per related tax a $X.X from for benefit deduction $X.XX of which million also the tax We
to income above we reported offset us we projected revenues Family virus the range to end utilize and EPS top are and for Specifically the Even some range. our the pandemic now operating amidst EBITDA associated with guidance challenges of fully with our of prior Corona net this losses able within acquisition. and taxable Almost
For the actually in we pace top to our end on quarter the of through EBITDA. revenue, March admissions, EPS XX, period X growth, XXXX and guidance organic exceed January first were
period compared January note and of of included the February two-months organic last Health admissions as period XX% for the and stats for two-months year. of to February period that was Certain January Home
strong Florida at regions, XX.X% Although all of of that period. to really organic our cylinders growth growth double-digit specifically we two in was to hitting organic on high single-digit call out with excited all months the were for I'm pacing state that
prior incredible those you down January COVID-XX see Health XX% two with you break February. organic to first will not XX% separately growth in see organic months admissions followed but only by you momentum If of Home will building in growth
March expand you is of Health period distinct the the organic which Home XXXX. growth over the XX% to first we same experience in period period still XXth, If in through Keith X full to alluded digit that double admission January
highest growth Home Health XXXX. of the XX,XXX daily Coming that March momentum off all admission average X, census of mark on hits
Turning continued and period organic and at throughout remain COVID-XX January levels strong to in the over through XX the and same X Hospice. from XXXX. Hospice March census the remaining X,XXX Hospice, X,XXX admissions was period to entire to X.X% steady pre-COVID-XX between date.
we from to of to centers and Turning recently a skilled have physicians less to ambulatory coordinators. had headwinds at country, orders nursing facilities, lockdown now surgery direct lessen. across referral the the Due pausing sources restrictions to period procedures access offices March various XX through number care we hospitals, the begun XX, visitation many and experienced April that and of and elective
their home patients Some of and Corona allowing also clinicians the virus. families of in to fears exposure potential due were apprehensive to
sources CMS or encounters and specifically our to able remote not maintain counting other with our end them our is visits through for threshold, patient our communication LUPA and of to relationships QX. period means and revenue for of telehealth Health increased were distinct but however thereby percentage LUPA during telehealth start We reimbursing admission with Home the referral the at this reducing for towards QX
XXth XX points was. data might few period help this April of impactful March quantify for how A
of are March that Home X,XXX. First we per am On Health our around point report Health averaging to Health for the currently seeing X,XXX with XXth, rebound hit were we of April X X,XXX Home admissions over admissions in week week pleased I an XX. improvement week week of of XX. January admissions and week the up we X,XXX through from were improvement XX April number to back X.X% Home low last April for week over that in
number evident to March virus visits had in week. ending At XXX the COVID-XX. week when monitor Health visits. to highest related code of ending during due and week COVID-XX pandemic, resulting outset electronic in visits Corona The its the medical It the XX become and hit March new started began records missed XX created visits quickly X,XXX the and Home we that we missed a point to our track immediately increased missed of missed to
As to in week with to over admissions though down ending week visits to for missed X,XXX XX. March see last COVID-XX improvement reductions starting XX.X% due are we visits missed with week week the over
of saw week to XX.X% normal, April last to rate X% during digits return admissions. this Health and number We now LUPA Home with week. to trending total back Our is down the us levels pre-COVID-XX between but ending X it single around expecting is spiked to X% X% of
a our to track XXX began the and due COVID-XX to patients Home of EMR in declined also due hit Health admission that The We week COVID-XX. to a number monitor admission new patients number declined implemented refusal of March of to ending code and that XXst. high patient
other seeing due of with an over ending XXst. the with to stats XX key being March to well the that as right only we direction refusals As week improvement COVID-XX trending in patient number the week XX.X% are or down last
Home went on point XX,XXX Health average high the of daily a X census low March XX,XXX point to XX. of on April a from
seeing now since for XX,XXX yesterday's census a up XX X.X% number again Health back that are improvement that low to with Home April growing mark. We
and to we Texas restrictions to Home represents approximately this sign of These states begin medical While admissions May volume. recent listing XX% have as of this to our regain Florida. of the the procedures normal. at the procedure as in QX regard much returning Health XX With elective high from steps point we in elective before on XXth allowing procedures depending as is orders to Xth of get XX to ground on elective have a XX positive our volume Monday stay April states to March back taken of early operation home as lifting
patient prior to around XX.X% XXth Our telehealth XX%. of Also from and be and now XX. occupancy are resulted March over emergency January per with through from X,XXX a rate per LTACH around of visits from through to bright current now admission an spot XX,XXX our this LTACHs XXth March per approximately public to XX,XXX to day of for week in averaged are extended Post day important health March to revenue to rate which which receiving we for number has patient July of is LTACHs day the occupancy full January our increase the end continue every March due a XX per period to patient XX in patient remote reimbursement patient relief. since note an reimbursement X XX X,XXX
To April ending bottom Corona Health that we recap, the and spikes key appears through shelter from are that we've week once all census hit barring no weekly the improvement a in of though incremental seen remain in and point round or current XX stats. operational the Home material orders cases and country place this second the our orders week growth listed of throughout virus as on it
referral had to earlier. to that regard months pacing the growth for at our the a on resuming with new like us of And Home organic Health would momentum first I further mentioned a little Keith two that XX% expand the year, sources growth admissions
and of March. in sources feedback velocity market in the The of receive a expecting follows. of referral entered this satisfaction February. XXX of exit This we industry-leading how were referral as May these far with we early breakdown sources X,XXX growth X,XXX very the so to extremely regaining our positive January. quality in for gain April sources XXXX. combined month potential we we the X,XXX trend momentum week and of far scores alone. in solid of believe referral sources new the new referral from XXXX continue the our bodes is well indicator the month XXXX new into share referral month by fueling sources first in month new X,XXX of is thus of new already in month as
had of previously COVID-XX While to for withdraw a for we Many inability issued we believe exceed our ultimately formal prudent serve, achieving to difficult to guidance previous throughout for are not in back factors there the be are many as ramp not which the at at and have time or well pandemic our orders orders or first the virus for the guidance year the second strong is lifted, whether in later pace were causing be financial there will quarter such elective on the start the on curve begin case another is reasonably procedures exceeding spike predict will and to a estimate control the flattening a it or beyond we due will factors. such to our year. operating the XXXX wave and at to the and our pace of further the clearly results impact whether other up shelter-in-place year, this pace Corona markets to which guidance
continue While this balancing remain we reduction with maximum ensuring pandemic and initiatives XXXX people cost position pillar PDGM. and to with velocity, exit during our in we associated our a with prioritizing
We have offset impact cost containment the initiatives help COVID-XX lower number the and volumes. of implemented cost of pandemic to related some a of the also
time also staff positions. In throughout March, and We and all to office spending. throughout flex our our furloughs enacted while began employee we increased home non-essential discretionary moving G&A select support travel eliminating
team year. total executive and home able we our In be team, $XX during save estimate of cost all leaders this office their of a will containment and balance XX% leadership XX% approximately initiatives other the to us the of our salary up Additionally, all are flexing million time. minimum these all of members for to of
million application from LHC as April calculation a to CARES contains pandemic. related The and passed into applied without On As virus the aware, provider received by caused operations President issues Act Act service Corona provisions Act, relief the March revenue. CARES by for healthcare the providers medicare signed XXth Group formulated Group’s you to are fund LHC on $XX.X XXth, fee CARES law was and Trump.
to evaluated prepared and the details for reimburse the lost attributable pandemic being used, are that virus. and program revenues or for are shall the specified are Corona of the respond granular to related still funds recipient healthcare be expenses While specific to
to and Group well timing the the depend LHC rules full and the provider fund as and relief the utilize federal of relief COVID-XX within million impact retain from on as of program of ability the LHC nature guidelines $XX.X this of The will Group itself. magnitude, economic
In XXX and addition, we million Medicare program withholding as centers provider for Medicare full until accelerated the beginning by The receive days also for program funds by days been under are totaling of the the as the program to CARES funds A accelerated requires payment Services interest-free payments accelerated advanced accelerated $XXX.X recouped payment fee medicare and receipt the the for provided Medicare Medicaid The XXX payments Act. within currently for the requires that after by providers Part has future payments time Medicare receipt. repay service currently such recouped. the claims and
taxes the employer's security also payment XX, of act and due the to of employers XX. XXXX March otherwise would portion defer December social CARES deposit The that between and permits be
May and The law period million XX, X us of half in to Medicare temporarily approximately other the for permits XXXX positive of estimate payments XXXX. December half XXXX. end end the We also the deposit employers CARES cash The of through of the of by XXXX. Act benefit deferred to those $XX by sequestration the suspends instead
by revenue payments result to estimate million to to impact for $XX approximately million us expect As can to providers Medicare receive approximately increase which positive we healthcare X% service for during $XX in be this a an period. fee
of XX the page the supplemental all to liquidity quarter and our of we've now deck updated for end. metrics Turning debt
We up $XXX an for credit and feature have over liquidity of cash our million additional million capacity. facility on $XXX.X to of accordion availability with
end quarter at leverage times. Our X.X was
flow and free ended an PDGM of note XX increase cash expected. main XX, RAPs reduction the accounts million million due first was in for driver months receivable March of XXXX. was three quarter which the You negative was this $XX.X will that for The to
XX DSOS fourth first to to quarter. days as Also increased the quarter by compared XX XX the in expected in days
first this XX% We new low EBITDA expect of lower settle in a remainder had facility-based at a in to In XX experienced XXXX. quarter. days quarter, of We rate to the rate margin. segment in normal of the XX our occupancy the
As at I mentioned earlier occupancy. approximately we are XX% currently
that facility the The Ochsner presence and $XXX,XXX other post issues shore a expanded cost New north our was with of as on partnership we with associated QX Orleans approximately affected Health. startup of acute
modest bear after from in home reported The the losses in operational a Almost We and HCBS community-based locations. conversion office headwind billing system our platform how overhead year allocations. long is year earlier single recent but cause and last would HCBS and weakness to related third-party Our old Family across segment all conversion temporary Family-wide the this this late in Almost discussed would fruit the term. to
around in dropped March associated to XXX,XXX about quarter April prior of number per week. to we the of XXX,XXX XXX,XXX billable averaged revenue a billable negative During COVID-XX January much to low the to with point from XXth week XXth, March adjustments That experienced hours. year $XXX,XXX XXth impact also had with we hours April lower XX. revenue through of and also an related impact
this We pacing over week. and XXX,XXX see number continued improved this back are currently to
conversion HCBS the been. service the unforeseen momentum service it the behind With has begin us and XXXX line the the ever throughout should see digression from line those we headwinds in the year to strongest barring gain and and enter COVID-XX,
demonstrate we we times these LHC historic opportunity with of and continued work all how attractive for experience Home in we to as existing joint of sit have partnerships such ventures quality even from highest These entire did care the larger to three is well partners we last the much how vital ago. new in weeks in months to partnerships the for a with most When a setting. combined stakeholders are integrating and how across extensions been more opportunity here Healthcare much cost-effective to today of than care, growth delivering the we our continuum few have with
it earlier, in to As of the experience future the focus likely Keith and to we mentioned COVID-XX. suffice will also them our ventures say finalizing momentum of partners joint the front most new accelerate but due delays will having justified pandemic believe after we in
this course and ahead our Home up XXXX been get face agencies to of and had we opportunity the the year the second through successful of RAP other be acceleration smaller quicker been the expected of care With this have point the our highly we when into historic half payments. in of of in might schedule to the PDGM than describing COVID-XX until in the performing an Of industry should PDGM in and the the due Health even impact volumes fragmented model pandemic struggling has in management even place consolidation elimination us planned.
reopening just get of We and leading and absorption. I unlike the and There incremental with scores This start and practice stronger proposition expect that able earning the still emboldened, a ever patient mid-April What year of a that is encouraging satisfaction to through is quality our market respond we an to team, predicted. mission we trends been and the to have growth but business also it other I'm uncertainty in so have since recovery any as organic is inorganic us this our vital have pleased picture. is our culture seen value an as inspiration to has described but been the draw to timing any than growth see there to before. about paint an could as pandemic far honestly intact
you. floor questions. remarks. prepared open are Thank to for concludes we ready our That Tequila, the