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Accounts Receivable and Net Revenue (Tables)
6 Months Ended
Jun. 30, 2022
Text Block [Abstract]  
Schedule of Accounts Receivable, Net

Accounts receivable, net consists of the following (in thousands):

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

 

 

 

 

 

 

Gross accounts receivable

 

$

1,464,374

 

 

$

1,393,584

 

Allowance for contractual adjustments and uncollectibles

 

 

(1,157,173

)

 

 

(1,091,809

)

 

 

$

307,201

 

 

$

301,775

 

Schedule of Net Revenue

The following table summarizes the Company’s net revenue by category (in thousands):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Net patient service revenue

 

$

418,507

 

 

$

412,950

 

 

$

824,542

 

 

$

794,012

 

Hospital contract administrative fees

 

 

65,481

 

 

 

58,904

 

 

 

129,007

 

 

 

115,970

 

Other revenue

 

 

2,045

 

 

 

1,105

 

 

 

14,713

 

 

 

9,730

 

 

 

$

486,033

 

 

$

472,959

 

 

$

968,262

 

 

$

919,712

 

Schedule of Percentage of Net Revenue

The approximate percentage of net patient service revenue by type of payor was as follows:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Contracted managed care

 

 

68

%

 

 

69

%

 

 

68

%

 

 

69

%

Government

 

 

27

 

 

 

24

 

 

 

26

 

 

 

25

 

Other third-parties

 

 

3

 

 

 

5

 

 

 

4

 

 

 

5

 

Private-pay patients

 

 

2

 

 

 

2

 

 

 

2

 

 

 

1

 

 

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%