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BUSINESS SEGMENTS
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
The Company has one reportable segment. The Company’s chief operating decision maker (CODM), the Chief Operating Officer, reviews the consolidated results of operations when making decisions about allocating resources and assessing the performance of the Company as a whole. The Company does not distinguish between markets or regions for the purpose of allocating resources. This structure reflects its current operational and financial management and provides the best structure to maximize the quality of care and investment strategy provided, while maintaining financial discipline. The segment’s measure of profit or loss is net income, which is also reported on the condensed consolidated statements of income. Net income is also used to monitor budget versus actual results.
As the Company’s single reportable segment is at the consolidated level, the accounting policies of the reportable segment are the same as those disclosed in Note 2, “Summary of Significant Accounting Policies”, of its 2025 Annual Report. The Company's CODM does not review segment assets at a different asset level or category than that disclosed in its condensed consolidated balance sheets and therefore assets by segment are not disclosed below.
The following table sets forth financial information for the segment:
Three months ended June 30,Six months ended June 30,
2026202520262025
Revenue$1,427,998 $1,309,236 $2,848,492 $2,586,386 
Less:
Labor expense(1)
720,586 686,436 1,448,480 1,363,456 
Depreciation and amortization20,121 13,178 38,198 25,883 
Interest expense6,042 4,354 12,466 11,258 
Equity in the net (income) loss of investees accounted for under the equity method(730)14 (1,185)312 
Provision for income taxes29,488 27,646 62,556 41,996 
Other segment items(2)
576,142 526,642 1,130,960 1,064,135 
Segment net income$76,349 $50,966 $157,017 $79,346 
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(1) Labor expense includes nursing and departmental salaries and wages, payroll taxes and benefits, and agency staffing expenses.
(2) Other segment items included in segment net income include cost of services except for labor cost of services, rent - cost of services, general and administrative expense except for labor general and administrative expense, and other (expense) income except for interest expense, and equity in the net (income) loss of investees accounted for under the equity method.