Select Medical Holdings Corporation (NYSE:SEM) Q4 2022 Earnings Call Transcript

Martin Jackson: Miles on a sequential Q3 – Q4 over Q3, we saw a 21% decline in the number of orientation hours. So obviously, it’s coming down. And then within the quarter, from October to December, we saw a 39% decline. So a lot of that is running off. Now there’s still going to be orientation out because we’re going to continue to have hiring, but we’re getting back much more towards normal processes as opposed to what we saw over the past five quarters.

Miles Highsmith: Got it okay, that’s super helpful. Thank you so much guys. Appreciate the detail.

Robert Ortenzio: Sure.

Operator: Thank you. And I am showing no further questions from our phone lines. I’d now like to turn the conference back over to management for any closing remarks.

Robert Ortenzio: Okay. Thank you, everybody, for joining us and we apologize for the white space there in the kind of the middle of the Q&A, and thanks for your questions, and look forward to updating you again next quarter.

Operator: This concludes today’s conference call. Thank you for your participation. You may now disconnect. Everyone, have a wonderful day.