Thank you for standing by. Welcome to the CorVel Corporation quarterly earnings release webcast. During the course of this webcast, CorVel Corporation may make projections or other forward-looking statements regarding future events or the future financial performances of the company. CorVel wishes to caution you that these statements are only predictions and that actual events or results may differ materially. CorVel refers you to the documents that the company files from time to time with the Securities and Exchange Commission, specifically the company's last Form 10-K and 10-Q filed for the most recent fiscal year and quarter. These documents contain and identify important factors that could cause the actual results to differ materially from those contained in our projections or forward-looking statements. I would now like to turn it over to Michael Combs, President and Chief Executive Officer.

Good morning, and thank you for joining us to review CorVel's June quarter. On the call with me today is Brandon O'Brien, CorVel's Chief Financial Officer. Today, I will be reviewing business performance, the current environment and market trends and progress on system development. Brandon will then provide an overview of our financial results for the June quarter. The June quarter revenues were $176 million, increasing 16% over the $153 million for the June 2021 quarter. Earnings per share for the quarter were $0.94, increasing 2% from $0.92 per share in the same quarter of the prior year. These results continue the top line growth from June quarters and the years prior, discounting for the pandemic low from 2020. We're adjusting to an increase in operational cost to improve bottom line performance. With the advent of the Great Resignation, hiring was increased aggressively to ensure the continued quality and consistency of the results, the outcomes delivered for our partners. A return to more traditional attrition levels, combined with the continued focus on automation and operational efficiencies, will support increased transaction volume with a more conservative staffing model. As our listeners may recall, our CareIQ unit provides nationwide network access and clinical outcomes management for physical therapy, imaging and diagnostics, medical equipment, home health care, medical transportation and interpretation services. During the quarter, revenue increases were recognized in all service lines in both prospective and retrospective billing. I am pleased with the sustained revenue growth in the year. And the contribution of CERiS with the payment integrity focus in the health market has been strong. I am also happy to share that we, once again, received the Business Insurance Innovation Award, this time for CogencyIQ, our advanced data analytics solution for claims management. For this recognition and the quarterly results in…

This concludes today's webcast. You may disconnect your lines at this time.