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Related Parties
 9 Months Ended
Sep. 30, 2023
Related Party Transactions [Abstract]  
Related Parties Related Parties
The entities described below are considered related parties and the balances and/or transactions with them are reported in our interim consolidated financial statements.

As discussed in Note 16, the Company had economic interests in several entities that are accounted for under the equity method of accounting. The Company has allocated its proportional share of the investees’ earnings and losses each reporting period. In addition, Evolent has entered into services agreements with certain of the entities to provide certain management, operational and support services to help the entities manage elements of their service offerings.

The Company also works with UPMC, one of its founding investors. The Company’s relationship with UPMC is a subcontractor relationship where UPMC has agreed to execute certain tasks (primarily TPA services) relating to certain customer commitments. This relationship is currently in wind-down.

The following table presents assets and liabilities attributable to our related parties (in thousands):
September 30, 2023December 31, 2022
Assets
Accounts receivable, net$8,152 $8,787 
Liabilities
Accounts payable$747 $27 
Accrued liabilities— 192 
The following table presents revenues and expenses attributable to our related parties (in thousands):
For the Three Months Ended September 30, 2023For the Nine Months Ended September 30,
2023202220232022
Revenue$49,695 $36,321 $143,902 $111,195 
Expenses
Cost of revenue42,300 30,121 121,882 93,266 
Selling, general and administrative expenses699 443 1,938 745