May 23, 2022 / 02:00PM GMT
Andrew Mok - UBS Investment Bank, Research Division - Analyst
Hi, good morning. Welcome back to day 1 of the UBS Healthcare Conference. My name is Andrew Mok. I am the health care providers analyst here at UBS. And I'm pleased to be joined on stage with Universal Health Services CFO, Steve Filton. Many of you probably know him.
All right. With that, there are QR codes on each of your tables. So if you'd like to submit a question, you can scan your QR code and submit them, and I will receive the question list here, and we will get to them at the end of the session.
Questions and Answers:
Andrew Mok - UBS Investment Bank, Research Division - AnalystSteve, maybe to start, labor is, obviously, on top of everyone's mind. You've talked about the directional improvement in the contract labor market that you expect this year. Can you help us understand the pace and magnitude of that improvement, particularly exiting Q1 and into Q2?
Steve G. Filton - Universal Health Services, Inc. - Executive VP, CFO & Secretary