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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table represents Evolent’s revenue disaggregated by end-market and product type (in thousands):
| For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023 |
Medicaid | $ | 217,068 |  |  | $ | 209,318 |  |  | $ | 432,192 |  |  | $ | 392,352 |  |
Medicare | 268,673 |  |  | 138,700 |  |  | 555,633 |  |  | 266,369 |  |
Commercial and other | 161,404 |  |  | 121,118 |  |  | 298,973 |  |  | 238,105 |  |
Total | $ | 647,145 |  |  | $ | 469,136 |  |  | $ | 1,286,798 |  |  | $ | 896,826 |  |
Performance Suite | $ | 461,602 |  |  | $ | 276,576 |  |  | $ | 909,820 |  |  | $ | 516,449 |  |
Specialty Technology and Services Suite | 81,515 |  |  | 77,052 |  |  | 170,518 |  |  | 142,368 |  |
Administrative Services | 60,770 |  |  | 77,754 |  |  | 119,339 |  |  | 160,821 |  |
Cases | 43,258 |  |  | 37,754 |  |  | 87,121 |  |  | 77,188 |  |
Total | $ | 647,145 |  |  | $ | 469,136 |  |  | $ | 1,286,798 |  |  | $ | 896,826 |  |
Schedule of Contract with Customer, Asset and Liability | The following table provides information about receivables, contract assets and deferred revenue from contracts with customers as of June 30, 2024 and December 31, 2023 (in thousands):
| June 30, 2024 |  | December 31, 2023
Short-term receivables (1) | $ | 372,361 |  |  | $ | 446,220 |
Short-term deferred revenue | 4,558 |  |  | 5,976 |
Long-term deferred revenue | 586 |  |  | 1,173 |
———————— (1)Excludes pharmacy rebate receivable and pharmacy claims receivable. Changes in deferred revenue for the six months ended June 30, 2024 are as follows (in thousands):
Deferred revenue |
Balance as of beginning-of-period | $ | 7,149 |
Reclassification to revenue, as a result of performance obligations satisfied | (4,259) |
Cash received in advance of satisfaction of performance obligations | 2,254 |
Balance as of end of period | $ | 5,144 |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-5 + Details
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