Fwd: Caregiver Margin and Expense

From: Benjamin Lewis <benjamin.lewis@thekey.com>
Date: Mon, May 8, 2023 at 12:58 AM
Subject: Caregiver Margin and Expense
To: Angie Markwell <angie.markwell@thekey.com>, Melissa Reyes <
melissa.reyes@thekey.com>, Mitch Belitz <mitch.belitz@thekey.com>, Tad
Smith <tsmith@thekey.com>, Mark Botticelli <mark.botticelli@thekey.com>,
Chen Xie <chen@thekey.com>, Kerry Sirkka <kerry.sirkka@thekey.com>,
Francis, Peter A. <pfrancis@summitpartners.com>, Schneider, Bobby <
bschneider@summitpartners.com>, Paul Kahn <paul.kahn@thekey.com>, Dilly
Duolikun <dilinigeer.duolikun@thekey.com>

See attached for this week's caregiver margin info deck.

As a note: We rolled out updated logic to make the exchange rate of
Canadian dollars into USD more in line with the exchange rates at the time
of shifts so that all Canadian revenues are more correct when compiled into
reports like these. Historically, that figure was always a hardcoded
exchange rate that was becoming increasingly less relevant as the real
world rate changed. That adjustment to our data is the driver behind the
slight revenue decrease for the business when comparing this report against
previous reports. I can forward the communication that was sent to the
executive team on this topic to anyone with questions.

Ben

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