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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2025
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment was as follows as of March 31, 2025 and December 31, 2024 (in thousands):
March 31, 2025December 31, 2024
Infusion pumps$38,623 $37,659 
Equipment, furniture and other21,222 24,055 
Leasehold improvements117,828 116,675 
Computer software, purchased and internally developed48,365 46,532 
Assets under development25,376 22,990 
251,414 247,911 
Less: accumulated depreciation(120,150)(120,544)
Property and equipment, net$131,264 $127,367 
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 months ended March 31, 2025 and 2024 (in thousands):
Three Months Ended March 31,
20252024
Depreciation expense in cost of revenue$627 $576 
Depreciation expense in operating expenses6,649 6,120 
Total depreciation expense$7,276 $6,696