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Discontinued Operations and Loss on Disposal of Businesses
12 Months Ended
Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations

9. Discontinued Operations and Loss on Disposal of Businesses:

 

During 2024, the Company made the decision to exit its primary and urgent care service line based on a review of the cost and time that would be required to build the platform to scale. The total loss on disposal of these two businesses was $11.0 million and is reflected as a component of loss on disposal of businesses in the Company's Consolidated Statements of Income and Comprehensive Income for the year ended December 31, 2024.

 

The Company divested its anesthesiology services and radiology services medical groups in May 2020 and December 2020, respectively. During the year ended December 31, 2022, the Company recorded a net decrease to the losses on sale of $3.8 million, primarily for certain transaction related true ups. The net changes to the losses on sale are reflected as a component of discontinued operations, net of income taxes, in the Company’s Consolidated Statements of Income and Comprehensive Income for the year ended December 31, 2022.