PROPERTY AND EQUIPMENT

6 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

Property and equipment was as follows as of June 30, 2023 and December 31, 2022 (in thousands):


	June 30, 2023		December 31, 2022
Infusion pumps	$	37,049	$	34,942
Equipment, furniture and other	35,919		31,929
Leasehold improvements	99,979		99,085
Computer software, purchased and internally developed	46,464		34,922
Assets under development	21,677		29,411
	241,088		230,289
Less: accumulated depreciation	(134,311)		(121,968)
Property and equipment, net	$	106,777	$	108,321

Depreciation expense is recorded within cost of revenue and operating expenses within the unaudited condensed consolidated statements of comprehensive income, depending on the nature of the underlying fixed assets. The depreciation expense included in cost of revenue relates to revenue-generating assets, such as infusion pumps. The depreciation expense included in operating expenses is related to infrastructure items, such as furniture, computer and office equipment, and leasehold improvements. The following table presents the amount of depreciation expense recorded in cost of revenue and operating expenses for the three and six months ended June 30, 2023 and 2022 (in thousands):


	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
Depreciation expense in cost of revenue	$	680	$	1,233	$	1,390	$	2,491
Depreciation expense in operating expenses	6,288		7,371		12,300		14,559
Total depreciation expense	$	6,968	$	8,604	$	13,690	$	17,050