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Investments in Other Entities (Tables)
6 Months Ended
Jun. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments

For the six months ended June 30, 2024 and 2023, the Company’s equity method investment balance consisted of the following (in thousands):

 

% of
Ownership

 

December 31,
2023

 

 

Initial
Investment

 

 

Allocation
of Net
Income (Loss)

 

 

Distribution

 

 

June 30, 2024

 

LaSalle Medical Associates – IPA line of business

 

25%

 

$

9,866

 

 

$

—

 

 

$

1,161

 

 

$

—

 

 

$

11,027

 

Pacific Medical Imaging & Oncology Center, Inc.

 

40%

 

 

1,691

 

 

 

—

 

 

 

(43

)

 

 

—

 

 

 

1,648

 

CAIPA MSO, LLC

 

30%

 

 

13,660

 

 

 

—

 

 

 

440

 

 

 

—

 

 

 

14,100

 

I Health, Inc.

 

25%

 

 

—

 

 

 

5,968

 

 

 

(45

)

 

 

—

 

 

 

5,923

 

Other *

 

25%

 

 

557

 

 

 

—

 

 

 

21

 

 

 

—

 

 

 

578

 

 

 

 

$

25,774

 

 

$

5,968

 

 

$

1,534

 

 

$

—

 

 

$

33,276

 

 

 

% of
Ownership

 

December 31,
2022

 

 

Initial
Investment

 

 

Allocation
of Net
Income (Loss)

 

 

Distribution

 

 

June 30, 2023

 

LaSalle Medical Associates – IPA line of business

 

25%

 

$

5,684

 

 

$

—

 

 

$

4,853

 

 

$

—

 

 

$

10,537

 

Pacific Medical Imaging & Oncology Center, Inc.

 

40%

 

 

1,878

 

 

 

—

 

 

 

(223

)

 

 

—

 

 

 

1,655

 

531 W. College, LLC **

 

50%

 

 

17,281

 

 

 

—

 

 

 

(211

)

 

 

—

 

 

 

17,070

 

One MSO, LLC **

 

50%

 

 

2,718

 

 

 

—

 

 

 

242

 

 

 

—

 

 

 

2,960

 

CAIPA MSO, LLC

 

30%

 

 

12,738

 

 

 

—

 

 

 

451

 

 

 

—

 

 

 

13,189

 

Other *

 

25%

 

 

—

 

 

 

325

 

 

 

95

 

 

 

—

 

 

 

420

 

 

 

 

$

40,299

 

 

$

325

 

 

$

5,207

 

 

$

—

 

 

$

45,831

 

* Other consists of smaller equity method investments.

** Investments were solely for the benefit of APC and its shareholders.

For three months ended June 30, 2024 and 2023, the Company’s equity method investment balance consisted of the following (in thousands):

 

% of
Ownership

 

March 31,
2024

 

 

Initial
Investment

 

 

Allocation
of Net
Income (Loss)

 

 

Distribution

 

 

June 30, 2024

 

LaSalle Medical Associates – IPA line of business

 

25%

 

$

10,225

 

 

$

—

 

 

$

802

 

 

$

—

 

 

$

11,027

 

Pacific Medical Imaging & Oncology Center, Inc.

 

40%

 

 

1,718

 

 

 

—

 

 

 

(70

)

 

 

—

 

 

 

1,648

 

CAIPA MSO, LLC

 

30%

 

 

13,846

 

 

 

—

 

 

 

254

 

 

 

—

 

 

 

14,100

 

I Health, Inc.

 

25%

 

 

9,487

 

 

 

(3,519

)

 

 

(45

)

 

 

—

 

 

 

5,923

 

Other *

 

25%

 

 

617

 

 

 

—

 

 

 

(39

)

 

 

—

 

 

 

578

 

 

 

 

$

35,893

 

 

$

(3,519

)

 

$

902

 

 

$

—

 

 

$

33,276

 

 

 

% of
Ownership

 

March 31,
2023

 

 

Initial
Investment

 

 

Allocation
of Net
Income (Loss)

 

 

Distribution

 

 

June 30, 2023

 

LaSalle Medical Associates – IPA line of business

 

25%

 

$

7,848

 

 

$

—

 

 

$

2,689

 

 

$

—

 

 

$

10,537

 

Pacific Medical Imaging & Oncology Center, Inc.

 

40%

 

 

1,886

 

 

 

—

 

 

 

(231

)

 

 

—

 

 

 

1,655

 

531 W. College, LLC **

 

50%

 

 

17,191

 

 

 

—

 

 

 

(121

)

 

 

—

 

 

 

17,070

 

One MSO, LLC **

 

50%

 

 

2,833

 

 

 

—

 

 

 

127

 

 

 

—

 

 

 

2,960

 

CAIPA MSO, LLC

 

30%

 

 

12,988

 

 

 

—

 

 

 

201

 

 

 

—

 

 

 

13,189

 

Other *

 

25%

 

 

362

 

 

 

—

 

 

 

58

 

 

 

—

 

 

 

420

 

 

 

 

$

43,108

 

 

$

—

 

 

$

2,723

 

 

$

—

 

 

$

45,831