Amedisys Inc at UBS Global Healthcare Conference Transcript

Feb 06, 2024

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May 23, 2022 / 01:15PM GMT
Unidentified Analyst -

Good morning. Welcome to day 1 of the UBS Healthcare Conference. It's my pleasure to welcome Amedisys on stage here. We have Chris Gerard, CEO; and Scott Ginn, Chief Financial Officer. Welcome.

Christopher T. Gerard - Amedisys, Inc. - CEO, President & Director

Good morning.

Questions and Answers:

Unidentified Analyst -

Chris, to start, maybe one of the main takeaways we had from the 1Q earnings season was that home health providers seems to be more resilient from a labor and earnings perspective compared to a lot of the acute hospital peers. Why are we starting to see a divergence in the labor pressure now?

Christopher T. Gerard - Amedisys, Inc. - CEO, President & Director

Yes. So I mean, I think that during the Q1 with the Omicron variant coming on, and I think the hospitals really being desperate for some clinicians and paying kind of wages that were not sustainable, we saw basically, the competition go up for the clinicians. For us, what we were able

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