v3.26.1
REVENUE RECOGNITION
3 Months Ended
Mar. 31, 2026
REVENUE RECOGNITION  
REVENUE RECOGNITION

NOTE 4 – REVENUE RECOGNITION

Net revenue for the three months ended March 31, 2026 and 2025 consisted of the following (in thousands):

Three Months Ended March 31, 

  ​ ​ ​

2026

  ​ ​ ​

2025

Medicare

$

348,471

$

343,886

Medicaid

123,966

115,755

Commercial insurance and managed care (excluding Medicare and Medicaid managed care)

824,416

749,768

Other third-party payors

96,749

87,208

Self-pay

23,324

29,626

Net transport revenue

1,416,926

1,326,243

Complementary Revenue

40,650

41,164

Net revenue

$

1,457,576

$

1,367,407

Net transport revenue includes fee for service patient revenue, in addition to revenue earned from our membership programs and community subsidies. Complementary revenue primarily includes medical standby, special events and revenue earned from our contract with FEMA and other federal and state agencies to coordinate emergency medical services responses.