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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2026
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment | The following table presents summary results for our reporting segment for the periods presented (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2026 |  | 2025 |  | 2026 |  | 2025
Revenues | $ | 257,478 |  |  | $ | 241,570 |  |  | $ | 502,156 |  |  | $ | 472,900 |
Cost of Services ("COS") |  |  |  |  |  |  |
Personnel expenses excluding stock-based compensation | 52,576 |  |  | 46,084 |  |  | 103,931 |  |  | 93,963 |
Stock-based compensation, including cRSUs | 3,108 |  |  | 2,518 |  |  | 5,494 |  |  | 4,295 |
Access and bill review fees | 4,796 |  |  | 6,713 |  |  | 13,666 |  |  | 12,221 |
Other cost of service expenses | 7,187 |  |  | 5,508 |  |  | 13,656 |  |  | 10,780 |
Costs of services (exclusive of depreciation and amortization of intangible assets shown below) | 67,667 |  |  | 60,823 |  |  | 136,747 |  |  | 121,259 |
General and Administrative ("G&A") |  |  |  |  |  |  |
Personnel expenses excluding stock-based compensation | 16,512 |  |  | 18,307 |  |  | 28,244 |  |  | 35,075 |
Stock-based compensation, including cRSUs | 6,422 |  |  | 6,580 |  |  | 9,864 |  |  | 11,521 |
Transformation costs | 9,250 |  |  | 7,925 |  |  | 21,040 |  |  | 15,653 |
Other general and administrative expenses | 23,205 |  |  | 18,306 |  |  | 54,071 |  |  | 35,837 |
General and Administrative Expenses | 55,389 |  |  | 51,118 |  |  | 113,219 |  |  | 98,086 |
Depreciation | 24,796 |  |  | 25,261 |  |  | 49,979 |  |  | 49,807 |
Amortization of intangible assets | 85,908 |  |  | 85,971 |  |  | 171,816 |  |  | 171,942 |
Loss on disposal of leases | 252 |  |  | 1,689 |  |  | 290 |  |  | 5,006 |
Loss on disposal of assets | 57 |  |  | 130 |  |  | 57 |  |  | 480 |
Total expenses | 234,069 |  |  | 224,992 |  |  | 472,108 |  |  | 446,580 |
Operating income | 23,409 |  |  | 16,578 |  |  | 30,048 |  |  | 26,320 |
Interest expense | 100,253 |  |  | 99,746 |  |  | 199,795 |  |  | 191,382 |
Interest income | (195) |  |  | (323) |  |  | (377) |  |  | (811) |
Transaction costs related to refinancing transaction | — |  |  | 87 |  |  | — |  |  | 7,879 |
Loss on extinguishment of debt | — |  |  | — |  |  | — |  |  | 670 |
Net loss before taxes | (76,649) |  |  | (82,932) |  |  | (169,370) |  |  | (172,800) |
Benefit for income taxes | (17,423) |  |  | (20,292) |  |  | (36,584) |  |  | (38,841) |
Net loss | (59,226) |  |  | (62,640) |  |  | (132,786) |  |  | (133,959) |
Less: net loss attributable to non-controlling interests | — |  |  | — |  |  | — |  |  | — |
Net loss attributable to Claritev Corporation | $ | (59,226) |  |  | $ | (62,640) |  |  | $ | (132,786) |  |  | $ | (133,959) |

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