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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Schedule of Disaggregated Revenue by Each Payor Type The following table presents disaggregated revenue generated by each payer type (in thousands):

 

Three Months Ended
March 31,

 

 

2025

 

 

2024

 

Commercial

 

$

46,081

 

 

$

49,512

 

Medicare

 

 

389,352

 

 

 

246,564

 

Medicaid

 

 

173,158

 

 

 

81,263

 

Other third parties

 

 

11,799

 

 

 

27,017

 

Revenue

 

$

620,390

 

 

$

404,356

 

 

Schedule of Contributions to Revenue and Receivables by Payor

The Company had major payers from its Care Partners segment that contributed the following percentages of net revenue:

 

 

Three Months Ended
March 31,

 

 

2025

 

 

2024

 

Payer A

 

 

33.1

%

 

 

34.0

%

Payer B

 

 

15.3

%

 

 

13.5

%

Payer C

 

 

10.5

%

 

*

 

Payer D

 

 

10.3

%

 

*

 

Payer E

 

 

10.1

%

 

*

 

* Less than 10% of total net revenues

The Company had major payers that contributed to the following percentages of receivables, net, receivables – related parties, and other receivables:

 

 

As of March 31,
2025

 

 

As of December 31,
2024

 

Payer A

 

 

44.3

%

 

 

38.9

%

Payer F

 

 

17.6

%

 

 

16.1

%

Payer E

 

 

12.9

%

 

 

18.3

%