Question-and-Answer Session
Operator
(Operator instructions). Your first question is from Ryan Daniels - William Blair.
Ryan Daniels – William Blair & Company
First off I guess for Mark, I noticed the accounts receivable spiked up a bit looks like a bigger than typical increase in the quarter. Are you seeing anything on your resident front where they're delaying payments or any issues there or is that just from timing?
Mark Ohlendorf
Not particularly. Much of that, Ryan, relates to the home health acquisitions that we've done and some regulatory transitions that occur shortly after those acquisitions. We expect to see those numbers come back down over the next quarter or so.
Ryan Daniels – William Blair & Company
So that's more getting the appropriate provider license numbers, transfers things of that nature?
Mark Ohlendorf
That's right it's to transfer the provider number and so forth.
Ryan Daniels – William Blair & Company
It looks like home health, that actually leads into my next question, was up quite a bit I think in the number of units served is up about 100% year-over-year. Is that just a lot of acquisition activity? Have you got some of the licenses you've been waiting to get? Any color on that would be helpful.
Mark Ohlendorf
A combination of both. We did get some additional license here that we've been waiting on for some time and we've effective seven acquisitions to date, have more in the queue for Q4. It was an extremely busy month, a lot of startup costs, but that part of the business is coming on strong.
Ryan Daniels – William Blair & Company
Bill, you mentioned in your prepared comments about the burn off if you will on some of the incentives. Is that things like lower rates through the end of the year? So those will be reset as of January or how should we read those comments?
Bill Doniger
We keep the present focus on the whole rate aspect, and it's different in different situations, whether it's the first month, fourth month, or whether it's a percentage off for X number of the initial months, but it does burn off and most of the incidents burn off by the end of the year.
Ryan Daniels – William Blair & Company
Do you actually have the revenue per occupied unit? I know it's a little hard to break out because some of the ancillary's mixed in there, but do you have that specifically and maybe a year-over-year comp?
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