| Schedule Of Patient Care Service Revenue |
The composition of patient care service revenue by payor and level of care for the quarter ended June 30, 2025 is as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Medicare | | Medicaid | | Commercial | | Total | Routine home care | $ | 338,148 | | $ | 11,274 | | $ | 8,620 | | $ | 358,042 | Inpatient care | | 28,797 | | | 2,000 | | | 2,226 | | | 33,023 | Continuous care | | 21,934 | | | 636 | | | 1,070 | | | 23,640 | | $ | 388,879 | | $ | 13,910 | | $ | 11,916 | | $ | 414,705 | | | | | | | | | | | | | All other revenue - self-pay, respite care, etc. | | | | | | | | | | | 5,747 | Subtotal | | | | | | | | | | $ | 420,452 | Medicare cap adjustment | | | | | | | | | | | (16,375) | Implicit price concessions | | | | | | | | | | | (3,984) | Room and board, net | | | | | | | | | | | (3,892) | Net revenue | | | | | | | | | | $ | 396,201 |
The composition of patient care service revenue by payor and level of care for the quarter ended June 30, 2024 is as follows (in thousands): | | | | | | | | | | | | | Medicare | | Medicaid | | Commercial | | Total | Routine home care | $ | 305,491 | | $ | 12,707 | | $ | 6,580 | | $ | 324,778 | Inpatient care | | 25,069 | | | 2,242 | | | 1,760 | | | 29,071 | Continuous care | | 22,438 | | | 873 | | | 1,016 | | | 24,327 | | $ | 352,998 | | $ | 15,822 | | $ | 9,356 | | $ | 378,176 | | | | | | | | | | | | | All other revenue - self-pay, respite care, etc. | | | | | | | | | | | 4,733 | Subtotal | | | | | | | | | | $ | 382,909 | Medicare cap adjustment | | | | | | | | | | | (1,375) | Implicit price concessions | | | | | | | | | | | (3,820) | Room and board, net | | | | | | | | | | | (3,156) | Net revenue | | | | | | | | | | $ | 374,558 |
The composition of patient care service revenue by payor and level of care for the six months ended June 30, 2025 is as follows (in thousands): | | | | | | | | | | | | | Medicare | | Medicaid | | Commercial | | Total | Routine home care | $ | 670,788 | | $ | 22,311 | | $ | 16,509 | | $ | 709,608 | Inpatient care | | 58,341 | | | 4,164 | | | 4,540 | | | 67,045 | Continuous care | | 44,779 | | | 1,379 | | | 2,118 | | | 48,276 | | $ | 773,908 | | $ | 27,854 | | $ | 23,167 | | $ | 824,929 | | | | | | | | | | | | | All other revenue - self-pay, respite care, etc. | | | | | | | | | | | 11,092 | Subtotal | | | | | | | | | | $ | 836,021 | Medicare cap adjustment | | | | | | | | | | | (18,700) | Implicit price concessions | | | | | | | | | | | (6,304) | Room and board, net | | | | | | | | | | | (7,417) | Net revenue | | | | | | | | | | $ | 803,600 |
The composition of patient care service revenue by payor and level of care for the six months ended June 30, 2024 is as follows (in thousands): | | | | | | | | | | | | | Medicare | | Medicaid | | Commercial | | Total | Routine home care | $ | 592,045 | | $ | 24,678 | | $ | 12,914 | | $ | 629,637 | Inpatient care | | 51,257 | | | 4,629 | | | 3,488 | | | 59,374 | Continuous care | | 44,993 | | | 1,646 | | | 1,858 | | | 48,497 | | $ | 688,295 | | $ | 30,953 | | $ | 18,260 | | $ | 737,508 | | | | | | | | | | | | | All other revenue - self-pay, respite care, etc. | | | | | | | | | | | 8,817 | Subtotal | | | | | | | | | | $ | 746,325 | Medicare cap adjustment | | | | | | | | | | | (3,750) | Implicit price concessions | | | | | | | | | | | (7,910) | Room and board, net | | | | | | | | | | | (6,101) | Net revenue | | | | | | | | | | $ | 728,564 |
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| Schedule Of Disaggregated Revenue |
The composition of disaggregated revenue for the second quarter is as follows (in thousands): | | | | | | | June 30, | | 2025 | | 2024 | Drain cleaning | $ | 55,557 | | $ | 57,865 | Plumbing | | 45,284 | | | 46,046 | Excavation | | 56,493 | | | 55,713 | Other | | 187 | | | 202 | Subtotal - short term core | | 157,521 | | | 159,826 | Water restoration | | 49,824 | | | 42,777 | Independent contractors | | 17,449 | | | 18,255 | Franchisee fees | | 1,405 | | | 1,398 | Other | | 4,783 | | | 5,863 | Gross revenue | | 230,982 | | | 228,119 | Implicit price concessions and credit memos | | (8,385) | | | (6,797) | Net revenue | $ | 222,597 | | $ | 221,322 | | | | | | |
The composition of disaggregated revenue for the first six months is as follows (in thousands): | | | | | | | June 30, | | 2025 | | 2024 | Drain cleaning | $ | 115,099 | | $ | 119,486 | Plumbing | | 91,344 | | | 94,144 | Excavation | | 120,731 | | | 114,331 | Other | | 376 | | | 446 | Subtotal - short term core | | 327,550 | | | 328,407 | Water restoration | | 103,987 | | | 89,454 | Independent contractors | | 35,811 | | | 37,871 | Franchisee fees | | 2,828 | | | 2,890 | Other | | 9,678 | | | 11,880 | Gross revenue | | 479,854 | | | 470,502 | Implicit price concessions and credit memos | | (17,713) | | | (13,953) | Net revenue | $ | 462,141 | | $ | 456,549 | | | | | | |
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