Accounts Payable and Accrued Expenses

6 Months Ended

Jun. 30, 2013

6.	Accounts Payable and Accrued Expenses:

Accounts payable and accrued expenses consist of the following (in thousands):


	June 30, 2013		December 31, 2012

Accounts payable	$	11,740	$	13,812
Accrued salaries and bonuses		100,580		160,495
Accrued payroll taxes and benefits		37,742		36,176
Accrued professional liabilities		18,771		17,466
Accrued contingent consideration		16,376		16,109
Other accrued expenses		18,945		11,603

	$	204,154	$	255,661

The net decrease in accrued salaries and bonuses of $59.9 million, from $160.5 million at December 31, 2012 to $100.6 million at June 30, 2013, is primarily due to the payment of performance-based incentive compensation, principally to the Company’s physicians, partially offset by performance-based incentive compensation accrued during the six months ended June 30, 2013. A majority of the Company’s payments for performance-based incentive compensation is paid annually in the first quarter.