Select Medical Holdings Corporation (NYSE:SEM) Q3 2023 Earnings Call Transcript

Martin Jackson: Yes. What we saw, though, is we saw a change in the mix. So we saw employer service volume down a bit, but workers’ comp up. So that had a nice impact on the rate.

William Sutherland : Is that just something that’s kind of occurring this year? Or is there a longer tail to that, do you think?

Martin Jackson: I think that we saw a significant increase in prior period due to additional employment. And so as that becomes more normalized? And I think that’s what you saw in this particular quarter — this particular year-end actually.

William Sutherland: Okay. Well, let’s have a very nice fourth quarter. Thanks guys. Appreciate that.

Operator: Thank you. That concludes the question-and-answer session. I’d like to turn the call back over to Robert Ortenzio for closing remarks.

Robert Ortenzio: Thank you, operator. No closing remarks. Thanks for your participation, and we look-forward to updating you next quarter.

Operator: Thank you for your participation. This does conclude the program, and you may now disconnect. Everyone, have a great day.