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We have seen some increase in AR days as we've gone through the year. Part of that is prior period during COVID, I think the payers have kind of turned off many of their bill edits, we've seen some of those come back into play. Pretty much in line with what we anticipated, we're hoping the kind of at a high mark right now, we'll continue to see improvement as we go through the year. But we are seeing a little bit more kind of delays in the payment processing cycle. And we're working through that with our payers.
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2022 Q2
22 Jul 22
As I mentioned on the last call, we're pretty much contracted for 2022, obviously, but as we look to 2023, we'll start to see some uplift in our contract pricing, reflecting the new contracts. And then on '24, we fully anticipate having a different trend on our pricing as a result of these renegotiations.
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2022 Q2
22 Jul 22
I will tell you that our nurse wage increase is in the mid-single-digit. It's manageable for us we believe. We've been able to maintain productivity levels in certain instances. And we've been able to arbitrage if you will, the very expensive contract labor. And that's allowed us to position our workforce better in the second quarter than we did in the previous three quarters.
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2022 Q2
22 Jul 22
we do anticipate some continued improvement on the rate
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2022 Q2
22 Jul 22
we were encouraged by the sequential improvement we saw, we're encouraged by kind of how we ended the quarter in the month of June.
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2022 Q2
22 Jul 22
I think, as we discussed last quarter, it was at a peak high in the first quarter really due to the COVID services. And we anticipated to be able to see sequential improvement. And indeed, that's what we saw. We thought it would first start with being able to modify and the rates that we were seeing in the market in terms of the average hourly rate, and indeed, we saw that and we were able to execute on that as the quarter went through.
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2022 Q2
22 Jul 22
Non-COVID. admissions were down 0.6% in the quarter, however, non-COVID managed care admissions were up $0.7% reflecting favorable payer mix.
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2022 Q2
22 Jul 22
throughout the quarter we lowered contract labor expenses, in each successive months with June down 22% as compared to April.
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2022 Q2
22 Jul 22