PROPERTY AND EQUIPMENT

3 Months Ended

Mar. 31, 2026

Property, Plant and Equipment [Abstract]

Property and equipment was as follows as of March 31, 2026 and December 31, 2025 (in thousands):


	March 31, 2026		December 31, 2025
Infusion pumps	$	35,680	$	36,497
Equipment, furniture and other	30,947		28,087
Leasehold improvements	135,502		126,651
Computer software, purchased and internally developed	60,444		58,608
Assets under development	20,070		19,207
	282,643		269,050
Less: accumulated depreciation	(142,704)		(129,814)
Property and equipment, net	$	139,939	$	139,236

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, 2026 and 2025 (in thousands):


	Three Months Ended March 31,
	2026		2025
Depreciation expense in cost of revenue	$	748	$	627
Depreciation expense in operating expenses	5,637		6,649
Total depreciation expense	$	6,385	$	7,276