v3.25.2
Basis of Presentation, Summary of Significant Accounting Policies and Change in Accounting Principles (Tables)
 6 Months Ended
Jun. 30, 2025
Accounting Policies [Abstract]  
Schedule of Restricted Cash and Restricted Investments
Restricted cash includes cash and investments used to collateralize various contractual obligations (in thousands) as follows:
June 30, 2025December 31, 2024
Collateral for letters of credit for facility leases (1)
$321 $1,903 
Collateral with financial institutions (2)
15,608 16,590 
Claims processing services (3)
11,046 55,800 
Total restricted cash$26,975 $74,293 
Current restricted cash$24,368 $59,295 
Total current restricted cash$24,368 $59,295 
Non-current restricted cash$2,607 $14,998 
Total non-current restricted cash$2,607 $14,998 
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(1)Represents restricted cash related to collateral for letters of credit required in conjunction with lease agreements. See Note 11 for further discussion of our lease commitments.
(2)Represents collateral held with financial institutions for risk-sharing and other arrangements which are held in a FDIC participating bank account. See Note 17 for discussion of fair value measurement.
(3)Represents cash held by the Company related to claims processing services on behalf of partners. These are pass-through amounts and can fluctuate materially from period to period depending on the timing of when the claims are processed.
Schedule of Consolidated Statements of Cash Flows
The following table provides a reconciliation of cash and cash equivalents and current and noncurrent restricted cash reported within the consolidated balance sheets that sum to the total of the same amounts shown in the consolidated statements of cash flows (in thousands):
June 30,
20252024
Cash and cash equivalents$150,995 $101,250 
Restricted cash26,975 36,699 
Total cash and cash equivalents and restricted cash shown in the consolidated statements of cash flows$177,970 $137,949 
Schedule of Estimated Useful Lives Assets
The following summarizes the estimated useful lives by asset classification:
Customer relationships
11 - 25 years
Technology5 years
Provider network contracts
2 - 5 years
Details of our intangible assets (in thousands, except weighted-average useful lives) are presented below:

June 30, 2025December 31, 2024
  Weighted- Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying ValueWeighted- Average Remaining Useful LifeGross Carrying AmountAccumulated AmortizationNet Carrying Value
Corporate trade name0.0$51,965 $51,965 $— 0.0$51,965 $51,965 $— 
Customer relationships13.0806,668 210,010 596,658 13.5806,668 186,377 620,291 
Technology2.5169,715 126,551 43,164 3.0169,715 117,924 51,791 
Below market lease, net0.01,218 1,218 — 0.01,218 1,218 — 
Provider network contracts4.331,097 19,750 11,347 4.826,522 18,448 8,074 
Total intangible assets, net$1,060,663 $409,494 $651,169 $1,056,088 $375,932 $680,156