President Operating first earnings are Poff, Officer, Brian you Bickham, and Financial Dru. and today and me Officer. Thank call. our With our Chief morning, to our quarter Good welcome Chief XXXX Brad
few comments results more I will then on will and do each earnings discuss we of first begin with detail. calls, a overall As quarter in Brian our
three the questions. our happy Following your of us respond be to to would comments,
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of part payments Medicaid provide that similar personal a services care minimum agencies of that assurances is HHS XX% state rule, proposing of this care for compensation direct on be As workers. proposed Medicaid and to spent
inherent the of individual states. the question coverage, percentage. one-size-fits-all While target specific administrative goal setting minimum a community-based in variance to the with to waiver wide is and directly we This home are programs we required impacts which approach services the challenges agree broadening threshold state as and the in proposed in there due provide burden
due in We also may small believe services. to the burden care with that larger required those to populations, to and continued states unable providing especially local compliant administrative providers significant quality provide many community-based regulatory providers, and operating be rural home
the are not These these by in where administrative those opposite providing if community-based may costs properly by reducing considered particularly inadvertently have significantly small challenges, access services, provided and those rural proposed and rule effect the by and greater. home to the providers of intended services areas addressed,
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will We you update progresses. continue to process as this
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per adjusted of quarter to first million, compared an the first of share total increase for XXXX revenue XXXX, as $XXX.X was for first an the quarter of the increase an share For as $X.XX This million of earnings earnings XX% $X.XX, our XX%. $XXX.X compared quarter to revenue growth in of adjusted per resulted of XXXX.
to also of million, adjusted EBITDA increase grew $XX an We our XX.X%.
strong leverage us we increased. cash flow During EBITDA, operations as the flow timely position in cost pay to even times our us see has of our maintain debt continued first allowed less giving along a a to adjusted balance have of from flexibility financial manner. as quarter than one with management net other of payors conservative to sheet strong continued cash has of state This XXXX, and
of with to our acquire that financial the strategy, be While with use growth use our align operations is strategic will our capital. overall goal capacity to diligent our to we continue
to over continues quarters, As the environment few the case been last improve. labor overall the has
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two level the over our also past to we seen day increase seen have highest have We quarter the per business employee starts this years.
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emergency COVID-XX As has been the government, will on XXXX. May federal by health announced XX, public end the
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covers On this for minimum was raise has of This an the been to elsewhere increase, As effective somewhat April last hour. delayed allows X, wage largest of expected. but our received of XX, per Illinois now XXXX. as operations, hour and the Illinois. received us in of of the January by increase rate XXXX, on per December increase and a rate Illinois, state X that year State $X.XX additional this CMS $X.XX saw increase by State we Approval wages was announced we statewide July on increase
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managed CDPAP want the fiscal budget, of expected XXXX The state. New consumer directed, program to with make legislature the current proposed procurement number the goal which repeal or developments who the her year, but finalized give the the our April this the a also care participate was in X, of of the in of on on CDPAP the budget. minimizing to brief governor’s proposed intermediaries rejected On state X the New changes for process York program issued to recent budget governor to be in and program. providers I New CDPAP regarding York update participation the York February
will be for to on Once growth negotiations final the budget ongoing. our final is we budget a New As are published, result, plans refine York. the able
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will As new New the York commissions to of and CDPAP publication CDPAP their on we rates budget, whether state receive clarification evaluate further the as approved we increase appropriate.
quarter discuss for the same of Now let growth XXXX. our store first revenue me
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by rate our PCS has three to states our from growth majority disruption a in made caused the due past more growth pandemic, the hourly challenging. which of Over the years, store from same come increases
However, of a in over growth same have the store started business resumption hours last to two quarters, see day. we per
averages we believe the X.X% same day basis. sequential hours rate to the a year. throughout continue X.X% of quarter mix is grow XXXX, During is New quarter the of pandemic historical the business with this This XXXX, per and saw CDPAP consistent period York volume our growth and store over on first we a in same will mix excluding prior and
days clients of number care been operation One to height have of COVID. we decreasing during that on of This and started increased the of served. metric personal an percent authorized hospitalizations call-offs of early our due pandemic area the both the hours our experienced of is high the focused during
seen three have the is served, team. we our and improvements growth opportunity XXXX gradual believe of focus operations hours Over for in important months, is which the we an percentage past a
a This care revenue the was reduction store in as spite clinical XX.X% health same compared home Turning of segment our same of quarter to XXXX. operation, X.X% to admissions XXXX. growth grew our quarter first the in in revenue over
admissions non-strategic MA we volume. improved, our margin did lower intentionally primarily admissions see to gross our episodic as mix of While from did due plans, limiting
contract team we which to Advantage going to As managed adjust a allow and selectively payors opportunity been volume has with commercial level, have to us non-episodic care our forward. our will working seen non-episodic continue accept to more referral increase, rates our our Medicare appropriate more
with negotiations of payors. continuing We efforts our are some in early seeing are success these and larger
to addition participate our the provide. work contracting where personal team and We our to In value remain excited we improving about health complements in particularly we negotiating both models. home ensure we on mix maximize to in case staffing our care services, continues of rates, operations it value-based as home operation health the services
store when same compared revenue quarter to increase the XXXX, our as of census in hospice of X.X% XXXX. X.X% daily Our the increased an with to compared average first in quarter first
stay from implemented the quarter to health in expiration to down the XX of hospice but length that first same end May half fourth particularly We period declaration, in slightly days to is part the for XX will median of second of to as the XXXX of the to steadily public Our which as last emergency improve, set quarter for on in days of XXXX XX XXXX, year. XX. the days compared believe volumes of provisions due certain improved was continue
we care. focus care few acquisition past strategic quarters, home discussed around our opportunities both and the in health Over have personal potential services
for the our services. the are efforts CMS, acquisitions relates personal With to announcement rule of we from proposed as care pausing
rule, on personal continuing PCS to the to continue care, market. in home we prior in space. care in we strategy clarity development Once any pairing healthcare proceed on efforts strongly with this to believe is we opportunities the we will prudent of our to our believe it acquisition final modifying pursue personal While have focus rule proposed
and As more we in numerous pricing the updates for understood acquisitions, are potential pricing expectations will home believe larger better coming and health months as opportunities rationalize. as be CMS proposals pending sellers’
that and overall to assess opportunities value-based will our continue care reflect We growth strategy. acquisition
outcomes the are to of As results our the care for we to year. continuing care have from and efforts, value-based share see value-based by various contracts to positive hope data end
We are the status of with value-based pleased current our efforts.
we of arrangements. status the significant work part deal are long our into company business; seeing in of with still having these are early on We from term segment our care of type stages a this of interest however, wanting an grow as a anticipated to payors great
technical our to in resources strategies invest and will XXXX of which us in we continue give revenue operation. accelerate opportunity We growth part in our to an believe this
to proud As are to hard remains appreciate believe is they I’m We our consumers, understand no quarter, each favorable the on disabled for receive and families. opportunity and and the growth and value caregivers dependent home, care of which receive our elderly their to be industry places dedicated the and so outstanding care and the of work I say support effective our incredibly for and safest for of care is our care. our consumers so are company. patients. cost We will want that to and most growth who one question team awareness providing of care heightened their patients majority our our There and a of the patients home-based in providing operations this that clients
let over to the turn that, With Brian. me call
