Drew. XXXX Operating Chief joining and and Good Poff, our Bickham, thank Financial Thank earnings everyone, today Brian for me Chief our quarter With first Brad you morning, is you, our Officer. Officer; for us call.
issued usual, afternoon. begin with some we will discuss overall As the first I results that and then quarter comments, will Brian yesterday
to respond our we be any would Following questions. comments, to happy
the we operating had another performance As preliminary very financial you announced saw solid of quarter in with results yesterday, XXXX. we the first
a will minutes. X weeks the due our to a $X.XX, XXXX quarter in last to beginning $XXX.X We earnings few coronavirus, discuss first diluted per increased the revenues in to our start for was quarter adjusted first million. the March did million, revenue in quarter of the XXXX experience Our for $XX.X share for adjusted which I was of of first the and EBITDA reduction
minimum appreciate X, correspondingly This leadership of increase previously to the Illinois adjustments the announced, the need of of of the increase the on with located State is July State us that make associated cost Cook the in the from This increase rate we wages the our of team we'd a XXXX. minimum to rate We of year, increase wages. to cover recognized cover Chicago on and wage to which outside County increase allowed area. Illinois. Chicago As received occurred this the X higher January also Illinois
additional for the of raise had the increases will an to already has wage the which on Illinois This wage passed. move the As minimum city's July hour. wage State minimum minimum $X of in by city Illinois, a ordinance X $XX $XX-per-hour what of Chicago per accelerates ahead to passed
the state Our team wage been has accelerated offset to working funding with leadership secure increase. to this
to increase rate adjustment cover Chicago the was was governor's in February included budget, this of minimum this wage which year. A in presented
will tax which However, be increase a the the on upcoming is during this rate elections. graduated November passing proposal, the of on ballot dependent
we We local to approved wage the customers Chicago-mandated the increases. continue that We and our to both workers Illinois. any for increases advocate that will cover benefit in increase serve our believe in rates
in past Medicaid of few for of to budget Effective the X% X, they want received have all months. York almost also some over the reduction services I that rate the discuss York January developments a providers New provide. XXXX, arisen New State
mitigation, providers anticipated this approximately a For reduce At to XXXX. reductions $X X.X% for was any help reduction Per effective reduction $X $XXX,XXX. earnings approximately by implemented response committee committee's was an this to cost further X, of billion. This budget Addus, recommend that the would in time, Without New close Medicaid of also recommendations, governor this of shortfall. Medicaid additional our rate budget actions would reduction appointed April earnings this estimated for be state a million approximately year. that we an per to of shortfall York our to
work We continue to New with reductions. rate mitigate state York our and to try these associations
impact on unknown negatively advocacy impact time, could York this pressure to to at is the relief further COVID-XX budget reductions further it direct states get Although revenue of to federal is successful. tax unless implement New rate the and increase
quarter rate of XXXX, personal first care was January next our driven solid few which growth primarily year. Illinois, increase the a same-store XX%, rate growth driven by the personal continue was to For our quarters, the see over segment increase. care same-store effective of by this X Illinois in in should largely We
of New For hospice was hospice same-store XX.X%, as our programs Mexico XXXX, quarter solid growth. growth the our had first organic
beginning America the of programs acquired the that In solid we of of growth addition, quarter experienced Hospice fourth at XXXX our Partners well. as
was growth see New as continue services. Mexico same-store home momentum health home our health we the to Our XX.X%, with
our to discuss early perspective operations we and XXXX. second requiring attempt on are on seeing the the contemplate nonessential me quarter COVID-XX you're what shutdown first started some in provide part to states the of during -- that what Security Let in of were Included When was health, issued this of and definition on Homeland of segments all care of Based Department business essential federal our essential, expected. as the we hospice close, their to definition services. personal definition, deemed home businesses businesses. seeing
us seen, the As as normally that some to possible. continue states now each used have have required form of federal we down the shut definition, as to of businesses have to allowing function
are or child homes of must leave have obtain patients until to Because care. country their these these across employees' of us their of our can perform children This many the as our individuals had such of caregivers who they Most like sort schools have for have seeing jobs. meaning some at been of we to many by those impacted now of shutdowns. stop the able closed, cause this, to are others, some home. until issues schools But reopen
large New State our personal Illinois; presence has of in Long the operation a York Detroit, City care Additionally, Island, Washington. Chicago, New Michigan; and and York;
their patient patient normal caregiver, family personal a This service to hotspot these of this New their have of areas call-offs. to in of skip Island been their even where we In home. virus. visit markets, their number especially Long a care All York particular for decides Chicago, these someone, have due areas is concern City, and seen having or a
reasons, caregiver but seen been these we have had similar than anticipated. call-offs of cancellations less We have type for
We nursing have facilities, healthcare staff's physical and living to hospice such facilities in the an our independent skilled seen access living the to to services assisted some provide facility's also limit as exposure facilities facilities effort minimize virus.
a These other to have and led issues revenues. overall in reduction our
we For quarter. some around appears to the revenue April, that We XX%. experience be reduction -- our revenue continue reduction will this second during anticipate will to
part went everywhere and remote where possible the working of of to a environment rapidly our for team. with Addus COVID-XX, safety As social to distancing our plan else deal implemented
to hospice the protective of PPE usage for and particularly personal challenging health, started sourcing is since nonclinical of is not as our our been procurement also it We has process segment, our which team equipment caregivers. compared historically home a customary. PPE service widespread in in
gloves from team and need providing masks and the team their layer our their this into order patients our spread with comfort to service. homes allowing the of protect of understood care we to added families start provide in our for our virus However, help and to to and personal patients them an
COVID-XX secure operations patients to We the clinical proper any their our for including patients, handle also clinical PPE services. that to may need needed
personal focus quickly source, procurement the a senior protective leaders been past PPE, and created primary To obtain acquire distribute our our whose team equipment appropriate to caregivers. rapid the for several this for has weeks
additional others, and project. done purchase the job state am COVID-XX this have the say great with to governments We of force, same has that task I navigated challenges our attempting a federal including the PPE. to proud team
have we of believe we sufficient help the caregivers. today, of provide appropriate level As PPE our for to protection
that not that measures our our the contract provide patients will patients does alone While it does and we are while our not help need. for services the coronavirus, PPE guarantee additional team to performing safety caregivers
acquire and Now started services PPE to have for we our that the positive team, we been presumed COVID-positive able providing to additional have patients.
have this at number low for increase although our is to time, patients prepared term. and volume near patient COVID-XX in to we COVID continue the of anticipate Our
between lines. volume and service health care current our personal Our equally case split home is
best offices COVID to planning country virus, have part suited of operations for our care As our identified the patients. this that concerning around are we
provided the those PPE training treat materials the patients to with necessary have We and COVID-XX safely offices with required virus.
increase we to an to team. to provide protective equipment up virus, our our As experienced this we our costs ramped response have in
above certain masks, as in such items, seen increase price. materially normal have their cost We
I well as As as order to are during mentioned, our the to caregivers, we now masks to care providing nonclinical our all crisis. personal in environment their patients, safer surgical make
providers, revenues our a we are are We care are lower event while costs during also of lot for costs PPE seeing seeing so increased segments, for clinical increasing. this like
financially remains Addus a however, Notably, company. strong
would provide we of leadership company profits would a financial our team impacted in will our flexibility as we during operate ago X manner made the pandemic, economic a that in years challenges. While that senior the decision over times us be
a personal decision see caused none now great pandemic While and to of a proving position financial to maintain worldwide is conservative asset. that expected a has to financial be our us hardships, such
in While or would, as up, operate at expenses as least down the our normally and to revenues times. we to we continue be these as will have normally ability possible
cash very continue We to debt. balance have with substantial little
need We also we that have keeping the to this is that are arise. a we in virus, under fortunate our facility money And open. are business needed if industry credit an fight borrow the ability to
am the to patients. turn thank performance, call all employees this works hard over financial serving of a Addus. live while first I values all employee to the me and extremely efforts our proud of your know detailed for I of review Brian Before more let quarter each our
their occur. we than patients that in allowing want to vital a Our and ever, homes of part more to be now are
our ongoing have with for of families and us and trust of a the patients of responsibility the to am us care, appreciative I efforts very their who All very important their team. thousands
With turn let Brian. to me that, call over the
