Good morning. June census is at 94.2% — up 1.8 points from last week. Based on your usual Monday check-ins, I've prepared the weekly snapshot.
What's our EBITDAR margin compared to budget?
18.2% margin — 1.4 points above budget. The primary driver is labor efficiency: agency spend is running 2.3% under target.
Compare against Cascadia of Boise and Core Building. Flag anything under 15%.
Core Building is at 12.4% — below your 15% threshold. Agency labor is the issue: 8.2% of revenue vs the 3.1% target.
I'd recommend we dig deeper here. This isn't just a margin problem — at this burn rate, they'll blow through the labor budget by mid-August. Want me to model intervention scenarios?