| Schedule of composition of net revenues by payor type and core service lines |
The composition of net revenue by payor type for the three and six months ended June 30, 2026 and 2025 are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Insurance | $ | 453,732 | | | $ | 385,205 | | | $ | 849,275 | | | $ | 757,726 | | | Government | 172,774 | | | 164,430 | | | 336,020 | | | 320,283 | | | Patient pay | 113,801 | | | 107,465 | | | 234,885 | | | 223,638 | | | Net revenue | $ | 740,307 | | | $ | 657,100 | | | $ | 1,420,180 | | | $ | 1,301,647 | |
The composition of net revenue by segment for the three and six months ended June 30, 2026 and 2025 are as follows (in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | Net sales revenue: | | | | | | | | | Sleep Health | $ | 267,764 | | | $ | 254,593 | | | $ | 519,517 | | | $ | 495,764 | | | Respiratory Health | 9,186 | | | 7,826 | | | 17,443 | | | 16,087 | | | Wellness at Home | 81,197 | | | 102,002 | | | 157,280 | | | 217,557 | | | Total net sales revenue | $ | 358,147 | | | $ | 364,421 | | | $ | 694,240 | | | $ | 729,408 | | | | | | | | | | | Net revenue from fixed monthly equipment reimbursements: | | | | | | | | | Sleep Health | $ | 84,025 | | | $ | 73,292 | | | $ | 165,649 | | | $ | 140,833 | | | Respiratory Health | 151,684 | | | 148,827 | | | 298,443 | | | 291,001 | | | Wellness at Home | 43,114 | | | 39,490 | | | 83,584 | | | 76,510 | | | Total net revenue from fixed monthly equipment reimbursements | $ | 278,823 | | | $ | 261,609 | | | $ | 547,676 | | | $ | 508,344 | | | | | | | | | | | Net revenue from capitated revenue arrangements: | | | | | | | | | Sleep Health | $ | 34,672 | | | $ | 6,804 | | | $ | 59,790 | | | $ | 14,443 | | | Respiratory Health | 33,532 | | | 13,797 | | | 56,656 | | | 28,843 | | | Wellness at Home | 35,133 | | | 10,469 | | | 61,818 | | | 20,609 | | | Total net revenue from capitated revenue arrangements | $ | 103,337 | | | $ | 31,070 | | | $ | 178,264 | | | $ | 63,895 | | | | | | | | | | | Total net revenue: | | | | | | | | | Sleep Health | $ | 386,461 | | | $ | 334,689 | | | $ | 744,956 | | | $ | 651,040 | | | Respiratory Health | 194,402 | | | 170,450 | | | 372,542 | | | 335,931 | | | Wellness at Home | 159,444 | | | 151,961 | | | 302,682 | | | 314,676 | | | Total net revenue | $ | 740,307 | | | $ | 657,100 | | | $ | 1,420,180 | | | $ | 1,301,647 | |
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