v3.25.2
Accounts Receivable and Net Revenue (Tables)
6 Months Ended
Jun. 30, 2025
Text Block [Abstract]  
Schedule of Net Revenue

The following table summarizes the Company’s net revenue by category (in thousands):

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Net patient service revenue

 

$

397,410

 

 

$

432,847

 

 

$

786,788

 

 

$

854,678

 

Hospital contract administrative fees

 

 

68,224

 

 

 

70,913

 

 

 

133,408

 

 

 

142,716

 

Other revenue

 

 

3,210

 

 

 

536

 

 

 

7,007

 

 

 

2,003

 

 

 

$

468,844

 

 

$

504,296

 

 

$

927,203

 

 

$

999,397

 

Schedule of Percentage of Net Revenue

The approximate percentage of net patient service revenue by type of payor was as follows:

 

 

 

Three Months Ended
June 30,

 

 

Six Months Ended
June 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

Contracted managed care

 

 

71

%

 

 

71

%

 

 

70

%

 

 

71

%

Government

 

 

23

 

 

 

23

 

 

 

24

 

 

 

24

 

Other third-parties

 

 

4

 

 

 

4

 

 

 

4

 

 

 

3

 

Private-pay patients

 

 

2

 

 

 

2

 

 

 

2

 

 

 

2

 

 

 

100

%

 

 

100

%

 

 

100

%

 

 

100

%