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Revenue Recognition (Tables) | 9 Months Ended
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Sep. 30, 2024
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table represents Evolent’s revenue disaggregated by line of business and product type (in thousands):
| For the Three Months Ended September 30, |  | For the Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023 |
Medicaid | $ | 214,627 |  |  | $ | 195,259 |  |  | $ | 646,819 |  |  | $ | 587,611 |  |
Medicare | 238,527 |  |  | 208,166 |  |  | 794,160 |  |  | 474,535 |  |
Commercial and other | 168,246 |  |  | 107,590 |  |  | 467,220 |  |  | 345,695 |  |
Total | $ | 621,400 |  |  | $ | 511,015 |  |  | $ | 1,908,199 |  |  | $ | 1,407,841 |  |
Performance Suite | $ | 435,100 |  |  | $ | 323,722 |  |  | $ | 1,344,920 |  |  | $ | 840,171 |  |
Specialty Technology and Services Suite | 85,474 |  |  | 81,230 |  |  | 255,992 |  |  | 223,598 |  |
Administrative Services | 59,396 |  |  | 68,713 |  |  | 178,735 |  |  | 229,534 |  |
Cases | 41,430 |  |  | 37,350 |  |  | 128,552 |  |  | 114,538 |  |
Total | $ | 621,400 |  |  | $ | 511,015 |  |  | $ | 1,908,199 |  |  | $ | 1,407,841 |  |
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 September 30, 2024 and December 31, 2023 (in thousands):
| September 30, 2024 |  | December 31, 2023
Short-term receivables (1) | $ | 406,786 |  |  | $ | 446,220 |
Short-term deferred revenue | 2,621 |  |  | 5,976 |
Long-term deferred revenue | 293 |  |  | 1,173 |
———————— (1)Excludes pharmacy rebate receivable and pharmacy claims receivable. Changes in deferred revenue for the nine months ended September 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 | (5,041) |
Cash received in advance of satisfaction of performance obligations | 806 |
Balance as of end of period | $ | 2,914 |

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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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