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Investments in Other Entities (Tables)
12 Months Ended
Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments

For the years ended December 31, 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)

 

 

December 31, 2024

 

LaSalle Medical Associates
   – IPA Line of Business

 

25%

 

$

9,866

 

 

$

 

 

$

3,262

 

 

$

13,128

 

Pacific Medical Imaging & Oncology Center, Inc.

 

40%

 

 

1,691

 

 

 

 

 

 

(31

)

 

 

1,660

 

CAIPA MSO, LLC

 

30%

 

 

13,660

 

 

 

 

 

 

952

 

 

 

14,612

 

I Health, Inc.

 

25%

 

 

 

 

 

5,968

 

 

 

109

 

 

 

6,077

 

Other *

 

25% - 51%

 

 

557

 

 

 

3,126

 

 

 

159

 

 

 

3,842

 

 

 

 

$

25,774

 

 

$

9,094

 

 

$

4,451

 

 

$

39,319

 

 

*Other consists of smaller equity method investments including those from the CHS acquisition.

 

 

% of Ownership

 

December 31, 2022

 

 

Initial Investment

 

 

Allocation of Net Income (Loss)

 

 

Funding

 

 

Adjustment of Fair Value**

 

 

Distribution

 

 

December 31, 2023

 

LaSalle Medical Associates
   – IPA Line of Business

 

25%

 

$

5,684

 

 

$

 

 

$

4,182

 

 

$

 

 

$

 

 

$

 

 

$

9,866

 

Pacific Medical Imaging & Oncology Center, Inc.

 

40%

 

 

1,878

 

 

 

 

 

 

(187

)

 

 

 

 

 

 

 

 

 

 

 

1,691

 

531 W. College, LLC **

 

50%

 

 

17,281

 

 

 

 

 

 

(508

)

 

 

700

 

 

 

91

 

 

 

(17,564

)

 

 

 

One MSO, LLC **

 

50%

 

 

2,718

 

 

 

 

 

 

938

 

 

 

 

 

 

3,260

 

 

 

(6,916

)

 

 

 

CAIPA MSO, LLC

 

30%

 

 

12,738

 

 

 

 

 

 

922

 

 

 

 

 

 

 

 

 

 

 

 

13,660

 

Other *

 

25%

 

 

 

 

 

325

 

 

 

232

 

 

 

 

 

 

 

 

 

 

 

 

557

 

 

 

 

$

40,299

 

 

$

325

 

 

$

5,579

 

 

$

700

 

 

$

3,351

 

 

$

(24,480

)

 

$

25,774

 

 

* Other consists of smaller equity method investments.

** Investments deemed Excluded Assets that are solely for the benefit of APC and its common shareholders. These Excluded Assets were spun-off on December 26, 2023 as part of the Spin-off (see Note 20—“Segments”).