Accounts Payable and Accrued Expenses

9 Months Ended

Sep. 30, 2013

6.	Accounts Payable and Accrued Expenses:

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


	September 30, 2013		December 31, 2012
Accounts payable	$	11,474	$	13,812
Accrued salaries and bonuses		142,847		160,495
Accrued payroll taxes and benefits		44,762		36,176
Accrued professional liabilities		17,224		17,466
Accrued contingent consideration		20,103		16,109
Other accrued liabilities		20,186		11,603

	$	256,596	$	255,661

The net decrease in accrued salaries and bonuses of $17.7 million, from $160.5 million at December 31, 2012 to $142.8 million at September 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 nine months ended September 30, 2013. A majority of the Company’s payments for performance-based incentive compensation is paid annually in the first quarter.