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Business Combinations, Assets Held for Sale and Discontinued Operations (Tables) | 9 Months Ended
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Sep. 30, 2020
Radiology Partners Inc [Member] |
Disposal Groups, Including Discontinued Operations | The following table represents the major classes of assets and liabilities of the radiology services medical group that are included as assets and liabilities held for sale in the accompanying Consolidated Balance Sheets as of September 30, 2020 and December 31, 2019 (in thousands):
|  | September 30, 2020 |  |  | December 31, 2019 |
Assets |  |  |  |  |  |  |  |
Accounts receivable, net |  | $ | 54,284 |  |  | $ | 64,603 |
Prepaid expenses and other current assets |  |  | 9,819 |  |  |  | 9,744 |
Property and equipment, net |  |  | 20,078 |  |  |  | 19,204 |
Operating leases right-of-use assets |  |  | 14,165 |  |  |  | 15,008 |
Goodwill |  |  | 640,818 |  |  |  | 685,170 |
Intangible assets, net |  |  | 170,059 |  |  |  | 180,978 |
Deferred income tax assets |  |  | 6,020 |  |  |  | 18,183 |
Other assets |  |  | 36,305 |  |  |  | 40,724 |
|  | $ | 951,548 |  |  | $ | 1,033,614 |
Liabilities |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 39,505 |  |  | $ | 42,474 |
Operating and finance leases |  |  | 13,619 |  |  |  | 14,355 |
Long-term professional liabilities |  |  | 23,744 |  |  |  | 21,978 |
Other liabilities |  |  | 1,844 |  |  |  | 81 |
|  | $ | 78,712 |  |  | $ | 78,888 |
The following table summarizes the results of discontinued operations related to the radiology services medical group for the three and nine months ended September 30, 2020 and 2019 (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net revenue |  | $ | 125,765 |  |  | $ | 125,650 |  |  | $ | 340,133 |  |  | $ | 366,678 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of service salaries and benefits |  |  | 84,718 |  |  |  | 80,336 |  |  |  | 234,169 |  |  |  | 238,402 |
Cost of service supplies and other operating expenses |  |  | 1,449 |  |  |  | 1,532 |  |  |  | 4,273 |  |  |  | (1,468 | )
General and administrative expenses |  |  | 19,876 |  |  |  | 20,734 |  |  |  | 57,178 |  |  |  | 64,490 |
Depreciation and amortization |  |  | 5,090 |  |  |  | 7,595 |  |  |  | 20,328 |  |  |  | 22,757 |
Transformational and restructuring related expenses |  |  | 2,491 |  |  |  | 441 |  |  |  | 6,517 |  |  |  | 1,487 |
Goodwill impairment |  |  | 46,963 |  |  |  | 117,924 |  |  |  | 46,963 |  |  |  | 117,924 |
Total operating expenses |  |  | 160,587 |  |  |  | 228,562 |  |  |  | 369,428 |  |  |  | 443,592 |
Loss from operations |  |  | (34,822 | ) |  |  | (102,912 | ) |  |  | (29,295 | ) |  |  | (76,914 | )
Non-operating income, net |  |  | 1,369 |  |  |  | 2,059 |  |  |  | 3,035 |  |  |  | 4,768 |
Loss before income taxes |  |  | (33,453 | ) |  |  | (100,853 | ) |  |  | (26,260 | ) |  |  | (72,146 | )
Income tax (provision) benefit |  |  | (62 | ) |  |  | 3,907 |  |  |  | (1,988 | ) |  |  | (3,687 | )
Net loss |  | $ | (33,515 | ) |  | $ | (96,946 | ) |  | $ | (28,248 | ) |  | $ | (75,833 | )
North American Partners In Anesthesia [Member] |
Disposal Groups, Including Discontinued Operations | The following table summarizes the results of discontinued operations related to the anesthesiology services medical group for the three and nine months ended September 30, 2020 and 2019 (in thousands):
|  | Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net revenue |  | $ | 2,700 |  |  | $ | 309,602 |  |  | $ | 377,661 |  |  | $ | 924,845 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cost of service salaries and benefits |  |  | 2,746 |  |  |  | 250,157 |  |  |  | 351,408 |  |  |  | 746,237 |
Cost of service supplies and other operating expenses |  |  | 38 |  |  |  | 2,837 |  |  |  | 5,254 |  |  |  | 9,537 |
General and administrative expenses |  |  | 215 |  |  |  | 18,338 |  |  |  | 31,179 |  |  |  | 57,909 |
Depreciation and amortization |  |  | — |  |  |  | 5,605 |  |  |  | 6,308 |  |  |  | 17,863 |
Transformational and restructuring related expenses |  |  | — |  |  |  | 6,785 |  |  |  | 28,634 |  |  |  | 17,506 |
Goodwill impairment |  |  | — |  |  |  | 1,331,291 |  |  |  | — |  |  |  | 1,331,291 |
Loss on sale, net |  |  | 4,499 |  |  |  | — |  |  |  | 644,653 |  |  |  | — |
Total operating expenses |  |  | 7,498 |  |  |  | 1,615,013 |  |  |  | 1,067,436 |  |  |  | 2,180,343 |
Loss from operations |  |  | (4,798 | ) |  |  | (1,305,411 | ) |  |  | (689,775 | ) |  |  | (1,255,498 | )
Non-operating (expense) income, net |  |  | — |  |  |  | (17 | ) |  |  | 51 |  |  |  | (14 | )
Loss before income taxes |  |  | (4,798 | ) |  |  | (1,305,428 | ) |  |  | (689,724 | ) |  |  | (1,255,512 | )
Income tax benefit |  |  | 100 |  |  |  | 129,241 |  |  |  | 5,661 |  |  |  | 115,987 |
Net loss |  | $ | (4,698 | ) |  | $ | (1,176,187 | ) |  | $ | (684,063 | ) |  | $ | (1,139,525 | )

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