Disaggregation of Revenue |
Service revenue for the years ended December 31, 2022, 2021, and 2020 is summarized in the following tables: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2022 | | 2021 | | 2020 | | Revenue | | % of Revenue | | Revenue | | % of Revenue | | Revenue | | % of Revenue | Medicaid(1) | $ | 1,183,156 | | | 39.3 | % | | $ | 1,022,460 | | | 39.2 | % | | $ | 900,249 | | | 37.7 | % | Medicare | 832,160 | | | 27.7 | | | 727,103 | | | 27.8 | | | 727,374 | | | 30.5 | | Medicaid — skilled | 200,878 | | | 6.7 | | | 172,770 | | | 6.6 | | | 149,846 | | | 6.3 | | Total Medicaid and Medicare | 2,216,194 | | | 73.7 | | | 1,922,333 | | | 73.6 | | | 1,777,469 | | | 74.5 | | Managed care | 525,710 | | | 17.5 | | | 456,728 | | | 17.5 | | | 367,095 | | | 15.4 | | Private and other(2) | 266,807 | | | 8.8 | | | 232,415 | | | 8.9 | | | 242,875 | | | 10.1 | | SERVICE REVENUE | $ | 3,008,711 | | | 100.0 | % | | $ | 2,611,476 | | | 100.0 | % | | $ | 2,387,439 | | | 100.0 | % | (1) Medicaid payor includes revenue for senior living operations and revenue related to FMAP and other COVID-19 related state funding.(2) Private and other payors also includes revenue from senior living operations and all payors generated in other ancillary services.
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Schedule of Accounts Receivable |
Accounts receivable as of December 31, 2022 and 2021, is summarized in the following table: | | | | | | | | | | | | | | | | | December 31, | | 2022 | | 2021 | Medicaid | $ | 157,878 | | | $ | 123,647 | | Managed care | 95,940 | | | 79,722 | | Medicare | 76,526 | | | 59,797 | | Private and other payors | 85,890 | | | 76,778 | | | 416,234 | | | 339,944 | | Less: allowance for doubtful accounts | (7,802) | | | (11,213) | | ACCOUNTS RECEIVABLE, NET | $ | 408,432 | | | $ | 328,731 | |
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