Concentra Group Holdings Parent, Inc. Wells Fargo 21st Annual Healthcare Conference

Yeah, I'll take that. We have had a pretty robust planning as far as succession over the years, and we've got a tremendous amount of talent within our company and had planned for this for quite some time to transition just the way we did, whether it was the individuals here or other executives that we've had in the past. It's gone just as we anticipated. Well-received. We've got very qualified people that are moving into the positions, that have been with the company, know the business, have been very engaged in conferences like this. They're not unknown, and I think have proven themselves well over time, both Matt and Tanner. We're excited about the change. Me personally, I'll still be very involved with this group. I will transition to Executive Chairman.

Bob Ortenzio, who is currently Chairman and founder of Select Medical, but Chairman of Concentra, will transition into just a director role. Effective November 1st, Matt will move into the President CEO role, Tanner will move into the CFO role. We have very similar type of succession planning going on with other key leaders that we have when they should come up to make up whatever decisions they're going to make relative to their careers in the years coming. We've prided ourselves on the talent we've built. We've talked about it in many discussions around the years of service and the experience we have, not only in the executive team, but that next level down. We've got quite a few people that are very capable of stepping up as the company continues to execute on its strategies.

Yeah, I can take that, and Tanner jump in, add any comments. We've had a very strong start to the year from a visit standpoint, both our workers' comp business and our employer services business. One thing about our business is we're incredibly diversified. We have real-time data across pretty much every industry on the pre-employment side to hiring events and then also employment levels as well. All across the country, we're in 45, 46 states. Most of the patients that walk in our doors every single day are blue collar industry workers, so we've got great insight into that. What we've seen the first couple of quarters is some strong growth. Employer services is stable, but workers' comp is above our long-term algorithm. We noted in our second quarter results that we are seeing some green shoots in manufacturing, construction.

We referenced data centers, reshoring, things like that, some of the trends that we've talked about for the last year or so, and we've seen some of those pick up more recently. That's a sign of some optimism for our business.

Yeah. I'd say really it's pretty diverse from a geographic standpoint in terms of the strength that we've seen in the first part of the year, and by sector. We pride ourselves in having a really diversified end market grouping, and that there's really been no change from our long-term algorithm from that standpoint. As Matt said, manufacturing, construction recently we've seen an uptick there, which is consistent with a lot of the macro data that's out there from PMI, and then also just with some of the BLS data that's come out specific to construction and manufacturing. That's really encouraging with respect to some of the reshoring tailwinds that we hope to see over the long term. More to come over the next 12 months or so. But it's been a nice little tailwind for us recently.

I would just add one comment to both Matt and Tanner. We've had a really strong year relative Yeah to what we've been experiencing with our business, and that's in a year when I wouldn't call it a strong, robust job growth year.

We feel very good about what we've seen, what we've been able to accomplish, and the things that we're doing.

That if the economy really starts picking up steam, it's just going to add fuel to the fire.

Yeah, we track all the publicly available data, the jobs reports, BLS, all the government data, ADP, everything. We are also seeing our own data every single day from the prior day.

Yeah. We can track it very closely, and we have 55,000 patients walk in our doors every single day, so it is a pretty large data set that goes back 40 to 45 years.