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EQUITY METHOD INVESTMENT | 12 Months Ended
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Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract] |
EQUITY METHOD INVESTMENT | EQUITY METHOD INVESTMENT Prior to our acquisition of KAH in August 2021, we accounted for our 40% investment in KAH using the equity method of accounting. Our share of income or loss was reported as equity in net (losses) earnings in our consolidated statements of income. We completed the sale of a 60% interest in KAH Hospice on August 11, 2022 and account for our 40% minority ownership in hospice operations using the equity method of accounting. This investment was reflected in equity method investments in our December 31, 2022 consolidated balance sheet, with our share of income or loss reported as equity in net (losses) earnings in our consolidated statements of income. The summarized balance sheet at December 31, 2022 and statement of income for the period beginning August 11, 2022 through December 31, 2022 of KAH Hospice were as follows:
Balance sheet | December 31, 2022 |  |  |  |  |  |  |  |  |
| (in millions) |  |  |  |  |  |  |  |  |
Current assets | $ | 297 |  |  |  |  |  |  |  |  |  |
Non-current assets | 3,577 |  |  |  |  |  |  |  |  |  |
Current liabilities | 269 |  |  |  |  |  |  |  |  |  |
Non-current liabilities | 2,219 |  |  |  |  |  |  |  |  |  |
Shareholders' equity | 1,386 |  |  |  |  |  |  |  |  |  |
Statements of income |  |  |
| August 11, 2022 through December 31, 2022 |  |
| (in millions) |
Revenues | $ | 654 |  |  |
Expenses | 652 |  |  |
Net income | 2 |  |  |
Other insignificant equity method investments In 2020, our Primary Care Organization entered into a strategic partnership with Welsh, Carson, Anderson & Stowe, or WCAS, to accelerate the expansion of our primary care model. In May 2022, we established a second strategic partnership with WCAS to develop additional centers between 2023 and 2025. As of December 31, 2022, there were 50 primary care clinics operating under the partnership and we intend to open approximately 100 additional primary clinics in future periods under the existing arrangements. In addition, the agreements include a series of put and call options through which WCAS may require us to purchase their interest in the entity, and through which we may acquire WCAS’s interest, over the next 3 to 10 years. We have several individually immaterial equity method investments, including our strategic partnership with WCAS as described above, included within equity method investments in our consolidated balance sheets as of December 31, 2022 and 2021 with our share of income or loss reported as equity in net (losses) earnings in our consolidated statements of income for the years ended December 31, 2022, 2021 and 2020.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI https://asc.fasb.org/topic&trid=2196965 + Details
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