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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 157,519 $ 188,200
Restricted cash and restricted investments 21,932 14,492
Accounts receivable, net [1] 262,764 254,684
Prepaid expenses and other current assets [1] 33,757 20,678
Total current assets 475,972 478,054
Restricted cash and restricted investments 12,519 12,466
Investments in equity method investees 4,112 4,475
Property and equipment, net 88,606 87,874
Right-of-use assets - operating 44,408 49,027
Prepaid expenses and other noncurrent assets [1] 3,543 2,378
Contract cost assets 16,497 17,461
Intangible assets, net 825,857 442,784
Goodwill 1,117,945 722,774
Total assets 2,589,459 1,817,293
Current liabilities:    
Accounts payable [1] 51,012 57,174
Accrued liabilities [1] 170,236 111,198
Operating lease liability - current 4,608 7,122
Accrued compensation and employee benefits 27,527 52,460
Deferred revenue 7,069 5,758
Reserve for claims and performance - based arrangements [1] 197,197 199,730
Total current liabilities 457,649 433,442
Long-term debt, net 632,277 412,986
Other long-term liabilities 4,473 4,744
Tax receivable agreement liability 112,134 45,950
Operating lease liabilities - noncurrent 54,274 56,010
Deferred tax liabilities, net 36,284 4,744
Total liabilities 1,297,091 957,876
Commitments and Contingencies (See Note 10)
Mezzanine Equity    
Preferred class A common stock - $0.01 par value; 50,000,000 shares authorized; 175,000 shares issued 170,625 0
Shareholders' Equity    
Class A common stock - $0.01 par value; 750,000,000 shares authorized; 112,552,160 and 101,500,558 shares issued, respectively 1,125 1,015
Additional paid-in-capital 1,768,999 1,486,857
Accumulated other comprehensive loss (1,122) (1,178)
Retained earnings (accumulated deficit) (626,136) (606,154)
Treasury stock, at cost; 1,537,582 shares issued, respectively (21,123) (21,123)
Total shareholders' equity 1,121,743 859,417
Total liabilities, mezzanine equity and shareholders' equity $ 2,589,459 $ 1,817,293
[1] See Note 18 for amounts attributable to related parties included in these line items.