v3.26.1
BUSINESS SEGMENTS (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of financial data combined by business segment
The following tables present certain financial information regarding the Company’s reportable segments, provided that general and administrative expenses are not allocated to the reportable segments:

Home Health and Hospice ServicesSenior Living ServicesAll OtherTotal
Three Months Ended June 30, 2026
Segment Revenue$237,353 $58,497 $2,134 $297,984 
Segment Cost of Services196,402 42,535 
Segment Adjusted EBITDAR from Operations$40,951 $15,962 $56,913 
Three Months Ended June 30, 2025
Segment Revenue$165,248 $51,862 $2,391 $219,501 
Segment Cost of Services137,565 37,074 
Segment Adjusted EBITDAR from Operations$27,683 $14,788 $42,471 
Home Health and Hospice ServicesSenior Living ServicesAll OtherTotal
Six Months Ended June 30, 2026
Revenue$466,185 $113,151 $4,012 $583,348 
Segment Cost of Services388,433 80,925 
Segment Adjusted EBITDAR from Operations$77,752 $32,226 $109,978 
Six Months Ended June 30, 2025
Revenue$324,691 $101,396 $3,256 $429,343 
Segment Cost of Services269,734 72,159 
Segment Adjusted EBITDAR from Operations$54,957 $29,237 $84,194 
Schedule of reconciliation of total combined adjusted EBITDAR from operations for our reportable segments to combined income from operations
The following table provides a reconciliation of Segment Adjusted EBITDAR from Operations to Condensed Consolidated Income from Operations:

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Segment Adjusted EBITDAR from Operations$56,913 $42,471 $109,978 $84,194 
Less: Unallocated corporate expenses19,285 14,235 37,610 27,929 
Depreciation and amortization3,112 2,224 5,728 4,116 
Rent—cost of services13,428 11,925 26,526 23,640 
Income from equity method investment370 — 370 — 
Other income626 255 480 186 
Adjustments to Segment EBITDAR from Operations:
Less: Start-up operations(a)
58 (158)353 (80)
Share-based compensation expense and related taxes(b)
3,057 2,212 5,646 4,379 
Acquisition related costs(c)
350 2,166 704 2,438 
Activities associated with transitioning operations(d)
— (1,036)— (1,016)
Transition services costs(e)
1,257 — 1,664 — 
Other unusual, non-recurring, or redundant charges(f)
— 16 — 67 
Add: Net income attributable to noncontrolling interest1,816 896 3,590 1,643 
Condensed Consolidated Income from Operations$17,186 $11,528 $34,487 $24,178 
(a)Represents results related to start-up operations. This amount excludes rent and depreciation and amortization expense related to such operations.
(b)
Share-based compensation expense and related payroll taxes incurred. Share-based compensation expense and related payroll taxes are included in cost of services and general and administrative expense.
(c)Non-capitalizable costs associated with acquisitions.
(d)During 2025, an affiliate of the Company held its memory care units in transition and converted the facility into an assisted living community. In 2026, this community is included in start-up operations.
(e)
Costs identified as redundant or non-recurring incurred by the Company as a result of the transition services agreement between the Company and UnitedHealth Group Incorporated (“UnitedHealth”) entered into as part of the acquisition agreement consummated on October 1, 2025. All amounts are included in Cost of services. Fees incurred under the transition services agreement were $2,491 and $5,306 for the three and six months ended June 30, 2026.
(f)Represents other unusual, non-recurring, or redundant charges for legal services, implementation costs, integration costs, and consulting fees in general and administrative and cost of services expenses.
Schedule of segment depreciation expense
Adjusted segment depreciation expenseHome Health and Hospice ServicesSenior Living Services
Three Months Ended June 30, 2026$601 $1,355 
Three Months Ended June 30, 2025$209 $1,169 

Adjusted segment depreciation expenseHome Health and Hospice ServicesSenior Living Services
Six Months Ended June 30, 2026$1,005 $2,634 
Six Months Ended June 30, 2025$439 $2,280