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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2025
Revenue Recognition [Abstract] |
Schedule Of Patient Care Service Revenue | The composition of patient care service revenue by payor and level of care for the quarter ended June 30, 2025 is as follows (in thousands):
| Medicare |  | Medicaid |  | Commercial |  | Total
Routine home care | $ | 338,148 |  | $ | 11,274 |  | $ | 8,620 |  | $ | 358,042
Inpatient care |  | 28,797 |  |  | 2,000 |  |  | 2,226 |  |  | 33,023
Continuous care |  | 21,934 |  |  | 636 |  |  | 1,070 |  |  | 23,640
| $ | 388,879 |  | $ | 13,910 |  | $ | 11,916 |  | $ | 414,705
All other revenue - self-pay, respite care, etc. |  |  |  |  |  |  |  |  |  |  | 5,747
Subtotal |  |  |  |  |  |  |  |  |  | $ | 420,452
Medicare cap adjustment |  |  |  |  |  |  |  |  |  |  | (16,375)
Implicit price concessions |  |  |  |  |  |  |  |  |  |  | (3,984)
Room and board, net |  |  |  |  |  |  |  |  |  |  | (3,892)
Net revenue |  |  |  |  |  |  |  |  |  | $ | 396,201
The composition of patient care service revenue by payor and level of care for the quarter ended June 30, 2024 is as follows (in thousands):
| Medicare |  | Medicaid |  | Commercial |  | Total
Routine home care | $ | 305,491 |  | $ | 12,707 |  | $ | 6,580 |  | $ | 324,778
Inpatient care |  | 25,069 |  |  | 2,242 |  |  | 1,760 |  |  | 29,071
Continuous care |  | 22,438 |  |  | 873 |  |  | 1,016 |  |  | 24,327
| $ | 352,998 |  | $ | 15,822 |  | $ | 9,356 |  | $ | 378,176
All other revenue - self-pay, respite care, etc. |  |  |  |  |  |  |  |  |  |  | 4,733
Subtotal |  |  |  |  |  |  |  |  |  | $ | 382,909
Medicare cap adjustment |  |  |  |  |  |  |  |  |  |  | (1,375)
Implicit price concessions |  |  |  |  |  |  |  |  |  |  | (3,820)
Room and board, net |  |  |  |  |  |  |  |  |  |  | (3,156)
Net revenue |  |  |  |  |  |  |  |  |  | $ | 374,558
The composition of patient care service revenue by payor and level of care for the six months ended June 30, 2025 is as follows (in thousands):
| Medicare |  | Medicaid |  | Commercial |  | Total
Routine home care | $ | 670,788 |  | $ | 22,311 |  | $ | 16,509 |  | $ | 709,608
Inpatient care |  | 58,341 |  |  | 4,164 |  |  | 4,540 |  |  | 67,045
Continuous care |  | 44,779 |  |  | 1,379 |  |  | 2,118 |  |  | 48,276
| $ | 773,908 |  | $ | 27,854 |  | $ | 23,167 |  | $ | 824,929
All other revenue - self-pay, respite care, etc. |  |  |  |  |  |  |  |  |  |  | 11,092
Subtotal |  |  |  |  |  |  |  |  |  | $ | 836,021
Medicare cap adjustment |  |  |  |  |  |  |  |  |  |  | (18,700)
Implicit price concessions |  |  |  |  |  |  |  |  |  |  | (6,304)
Room and board, net |  |  |  |  |  |  |  |  |  |  | (7,417)
Net revenue |  |  |  |  |  |  |  |  |  | $ | 803,600
‎ The composition of patient care service revenue by payor and level of care for the six months ended June 30, 2024 is as follows (in thousands):
| Medicare |  | Medicaid |  | Commercial |  | Total
Routine home care | $ | 592,045 |  | $ | 24,678 |  | $ | 12,914 |  | $ | 629,637
Inpatient care |  | 51,257 |  |  | 4,629 |  |  | 3,488 |  |  | 59,374
Continuous care |  | 44,993 |  |  | 1,646 |  |  | 1,858 |  |  | 48,497
| $ | 688,295 |  | $ | 30,953 |  | $ | 18,260 |  | $ | 737,508
All other revenue - self-pay, respite care, etc. |  |  |  |  |  |  |  |  |  |  | 8,817
Subtotal |  |  |  |  |  |  |  |  |  | $ | 746,325
Medicare cap adjustment |  |  |  |  |  |  |  |  |  |  | (3,750)
Implicit price concessions |  |  |  |  |  |  |  |  |  |  | (7,910)
Room and board, net |  |  |  |  |  |  |  |  |  |  | (6,101)
Net revenue |  |  |  |  |  |  |  |  |  | $ | 728,564
Schedule Of Disaggregated Revenue | The composition of disaggregated revenue for the second quarter is as follows (in thousands):
| June 30,
| 2025 |  | 2024
Drain cleaning | $ | 55,557 |  | $ | 57,865
Plumbing |  | 45,284 |  |  | 46,046
Excavation |  | 56,493 |  |  | 55,713
Other |  | 187 |  |  | 202
Subtotal - short term core |  | 157,521 |  |  | 159,826
Water restoration |  | 49,824 |  |  | 42,777
Independent contractors |  | 17,449 |  |  | 18,255
Franchisee fees |  | 1,405 |  |  | 1,398
Other |  | 4,783 |  |  | 5,863
Gross revenue |  | 230,982 |  |  | 228,119
Implicit price concessions and credit memos |  | (8,385) |  |  | (6,797)
Net revenue | $ | 222,597 |  | $ | 221,322
‎ The composition of disaggregated revenue for the first six months is as follows (in thousands):
| June 30,
| 2025 |  | 2024
Drain cleaning | $ | 115,099 |  | $ | 119,486
Plumbing |  | 91,344 |  |  | 94,144
Excavation |  | 120,731 |  |  | 114,331
Other |  | 376 |  |  | 446
Subtotal - short term core |  | 327,550 |  |  | 328,407
Water restoration |  | 103,987 |  |  | 89,454
Independent contractors |  | 35,811 |  |  | 37,871
Franchisee fees |  | 2,828 |  |  | 2,890
Other |  | 9,678 |  |  | 11,880
Gross revenue |  | 479,854 |  |  | 470,502
Implicit price concessions and credit memos |  | (17,713) |  |  | (13,953)
Net revenue | $ | 462,141 |  | $ | 456,549

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