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Accounts Receivable and Net Revenue (Tables)
3 Months Ended
Mar. 31, 2025
Text Block [Abstract]  
Schedule of Net Revenue

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

 

 

 

Three Months Ended
March 31,

 

 

 

2025

 

 

2024

 

Net patient service revenue

 

$

389,378

 

 

$

421,831

 

Hospital contract administrative fees

 

 

65,184

 

 

 

71,803

 

Other revenue

 

 

3,797

 

 

 

1,467

 

 

 

$

458,359

 

 

$

495,101

 

Schedule of Percentage of Net Revenue

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

 

 

 

Three Months Ended
March 31,

 

 

 

2025

 

 

2024

 

Contracted managed care

 

 

70

%

 

 

70

%

Government

 

 

24

 

 

 

25

 

Other third-parties

 

 

4

 

 

 

3

 

Private-pay patients

 

 

2

 

 

 

2

 

 

 

100

%

 

 

100

%