operator. Thank for welcome to the morning Select everyone, quarter you, Good XXXX. Medical's fourth earnings call
on overall calls, As will details Recovery some provide cost Jackson, for our turn of labor division. on first in it have operating each the progress previous further the four and that I give before detail done on an some QX throughout who After Illness commentary our providing over on quarter Martin outlook I'll for QX Critical all division. to Hospital
of we've critical some head and results XXXX, been throughout are past recovery most into As headwinds challenges encouraging signs XXXX. staffing you This aware seen illness discussed in has we've we significant most and as hospital detail our in division. our quarter,
Our hospital critical revenue and ratio the benefits each raises to salary quarter. month throughout illness improved division's recovery
combined of would to recruitment, our pleased on training environment. an that extremely company have colleagues been retention not positive our yield the possible macro without during and efforts I'm labor challenging all begun of focus results. has extremely personnel This
EBITDA critical The an XX% QX resulted progress has hospital quarter illness year. the to in recovery reducing division's our in achieved same improvement labor adjusted prior compared costs
Our focus in on results labor continues to XXXX. yield positive
As one our our of we diversification. previously believe highlighted, company's greatest is strengths
expectations continued prior exceed struggled occupancy division exceeded both Even revenue EBITDA. to rehab past rehab hospital Concentra critical with labor adjusted headwinds, as divisions recovery QX illness the our inpatient quarter. year and division this Inpatient
reunion enter joint-venture or rehabilitation reached Hospital. which renamed Dublin, agreement an with there rooms OhioHealth called XXXX. also our Rehabilitation We with partner will build agreement and XXXX will inpatient be recently hospital is slated be a Atlantic in to private Ohio, to joint-venture Care, hospital. Jersey definitive regulatory in a upon the leading to announced acquire system rehabilitation be will OhioHealth in into Institute hospital We've new feature approval XX a for back Contingent multiservice to South late healthcare a Rehabilitation
noted with UPMC to development call, strong Pennsylvania. on are inpatient in a As inpatient successful expanding is Central our for we The the poised previously and last remains division division open rehab second hospital rehab pipeline XXXX. a our for partnership
clinics, Concentra to a decline and had partner. past in has another COVID one quarter Wisconsin, prior with quarter evaluation workers' Pennsylvania job in increased testing done denovo new be workers' three offsetting services XXXX. in successful and their in in the Concentra strong This tremendous volume Concentra two existing year Green continues volume Bay, comp comp centers. related joint-venture from opened with
Pennsylvania transitioning Concentra in in Tulsa, outpatient New a centers with along into outpatient centers center centers XX therapy division full-service also and XX Concentra from our net Oklahoma, three rehabilitation outpatient acquired work Jersey. physical and
XXXX. pipeline development to medical in expect Florida and purchase strong along half a expected to new signed in Connecticut, and threefold three the of with opportunities of we Pennsylvania latter that QX in leases has for agreements for signed Virginia open we Concentra in Ohio, centers acquisitions close-in
growth more provide rest several in acquisitions are in there opportunities stages that should addition, throughout In further denovo advanced XXXX. of the
compared Our but cost and quarter, prior the elevated year margins outpatient surpassed to experienced operating in revenue division rehabilitation did other prior labor year. expenses for QX
are XXXX. same-period has division cost results in improvement open the outpatient in prior XXXX, The year. which throughout clinics, opportunities that XX additional both denovo positive and many to and have There to margins when are are seen scheduled leases for executed compared under also far Thus our we consideration. volume
year EBITDA. when X.X% reinstatement The of the the same-period. growth sequestration headwind of to $X increase adjusted compared we Overall, QX year X.X% Medicare was in Medicare prior restatement prior million when a to of revenue impact experienced and comparing of QX
the adjusted EBITDA year. $XXX.X total in For million compared was company to prior $XXX.X million the quarter,
EBITDA X.X% the was QX Our consolidated prior year. to X.X% for compared margin adjusted
recognized grant year as in this CARES was QX as year. of income well QX prior
This $X commentary year prior $XXX,XXX provide This data on quarter, I'll further points point, our as income divisions. we million some grant QX. compared each recognized operating to only of
Our critical illness compared in recovery of EBITDA quarter X% year to for X% hospital the was X% XXXX. division, adjusted prior QX and QX margin in
to decreased compared agency ratio Our prior improved benefits salary rates year to sequential-quarter. nursing to QX. Nursing decreased and year utilization and wages XX% to prior prior XX% revenue when XX% compared X% and compared agency
Nursing XX% compared QX, decreased from incentive XX% year prior year compared while agency QX and compared prior decreased bonuses increased decreased XXXX. QX rates Nursing hours agency an nursing utilization X% XXXX. dollars quarter. XX% Orientation XX% to but increased prior to XX% to sign-on QX from
X% year, quarter, prior decreased occupancy related prior day to decreased Thus volumes to within hospitals occupancy the primarily while per compared to seen referral to our compared prior Revenue to in XX% XX%, XXXX, an as we our year remained increase increased. have same-period short-term in compared year. from volume, patient ICU acute-care consistent far have revenue
distinct opened we our front XX bed critical a hospital the in our a January, opened illness On in Springfield, part hospital Missouri current February, in development fleet and critical unit hospital. rehab we illness satellite recovery of
year partners Tucson, JV first We'll Tennessee; the and three in half Virginia. Jackson, Arizona; this be in opening hospitals Alexandria, with of
hospital Rush Chicago with have in agreement unit to an distinct for joint our System a XXXX. a University in illness with Health part venture rehab also recovery We critical open partner
was to year The day our hospital perform QX margin XX% patient increased very division XX% X%. to $XXXX. compared XX%. in increased for to previously well Occupancy continues rehab prior Revenue was with XX.X% XX.X% to year, per the prior volumes to year. inpatient inpatient EBITDA for adjusted increasing by compared $XXX As patient rehabilitation QX. Revenue compared noted, prior from $X,XXX was which
in adjusted and to revenue demand million and adjusted services. $XXX,XXX year. of increasing million in-spite compared testing in COVID revenue $XX.X in These prior QX over million decline Concentra QX. revenue EBITDA services generated this of continued in their Prior in related in by and performance $X.X year strong the with for $X X% evaluation year EBITDA
Center our comp was centers. visits increased services positive employer year by The services revenue and X%. in Concentra was margin QX. year less testing XX% offset EBITDA offset reduction that adjusted were prior in volume decline a compared COVID health was consumer prior resulting visit in of than both from over performance in decrease by XX% to
Our to outpatient EBITDA rates. same margin at remained per an X% X% of net a revenue $XXX, with decreased in to X% flat rehabilitation in Net to compared compared volumes, spite increasing division visit Medicare Adjusted prior EBITDA experienced XX%. by year. increase reimbursement decrease patient quarter an to of in decline in revenue labor is The prior margin primarily adjusted operating in in related to in with a costs. from year. increase margin year QX productivity is in The the decrease primarily decrease prior X% increase both clinical labor compared other to in attributed and
investment expenses same-period of in compared far and is levels. have systems of an in this year, travel seen to comprised with pre along primarily our year. increase prior improvements medical in pandemic other electronical The margins to the expense operating in record revenue QX we Thus outpatient expenses returning volume,
purchase debt, compared along had which EPS. centers QX QX in impact Earnings the per were quarter same our lower of interest prior $X.XX a interest had on share remaining positive benefit-related per year to in fully-diluted the prior year, to fourth membership on quarter $X.XX our year with tax prior a share expense
fully-diluted in $X.XX share, to Earnings the full-year. year. For the or prior $XXX per compared per share
shareholders Board to record past XX, This payable repurchase business deployment X, as March capital regards declared dividend our on of not share our March of XXXX. of and we In cents a to XXXX shares allocation our already the of cash of of did close repurchase under quarter, Directors program. board-authorized $X.XXX on
and of stock repurchases, We opportunities. to will development continue evaluate reduction debt
with call Martin remarks Jackson and prepared it some that, my open for turn financial for to we'll details concludes up the and I'll That additional then over questions.
