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Segments (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Schedule of Information about our Segments

The following table presents information about the Company’s segments (in thousands):

 

 

 

Three Months Ended June 30, 2025

 

 

 

Care
Partners

 

 

Care
Delivery

 

 

Care
Enablement

 

 

Intersegment
Elimination

 

 

Corporate
Costs

 

 

Consolidated
Total

 

Third-Party

 

$

631,442

 

 

$

20,014

 

 

$

3,352

 

 

$

 

 

$

 

 

$

654,808

 

Intersegment

 

 

 

 

 

18,380

 

 

 

37,549

 

 

 

(55,929

)

 

 

 

 

 

 

Total revenues

 

 

631,442

 

 

 

38,394

 

 

 

40,901

 

 

 

(55,929

)

 

 

 

 

 

654,808

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of services

 

 

536,266

 

 

 

27,873

 

 

 

31,130

 

 

 

(18,430

)

 

 

 

 

 

576,839

 

General and administrative(1)

 

 

45,491

 

 

 

8,374

 

 

 

7,930

 

 

 

(37,511

)

 

 

33,345

 

 

 

57,629

 

Total expenses

 

 

581,757

 

 

 

36,247

 

 

 

39,060

 

 

 

(55,941

)

 

 

33,345

 

 

 

634,468

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

49,685

 

 

$

2,147

 

 

$

1,841

 

 

$

12

 

(2)

$

(33,345

)

 

$

20,340

 

 

 

 

 

Three Months Ended June 30, 2024

 

 

 

Care
Partners

 

 

Care
Delivery

 

 

Care
Enablement

 

 

Intersegment
Elimination

 

 

Corporate
Costs

 

 

Consolidated
Total

 

Third-Party

 

$

463,277

 

 

$

21,218

 

 

$

1,770

 

 

$

 

 

$

 

 

$

486,265

 

Intersegment

 

 

 

 

 

13,639

 

 

 

34,402

 

 

 

(48,041

)

 

 

 

 

 

 

Total revenues

 

 

463,277

 

 

 

34,857

 

 

 

36,172

 

 

 

(48,041

)

 

 

 

 

 

486,265

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of services

 

 

379,413

 

 

 

26,252

 

 

 

19,939

 

 

 

(12,799

)

 

 

 

 

 

412,805

 

General and administrative(1)

 

 

43,541

 

 

 

6,780

 

 

 

9,315

 

 

 

(35,247

)

 

 

19,005

 

 

 

43,394

 

Total expenses

 

 

422,954

 

 

 

33,032

 

 

 

29,254

 

 

 

(48,046

)

 

 

19,005

 

 

 

456,199

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

40,323

 

 

$

1,825

 

 

$

6,918

 

 

$

5

 

(2)

$

(19,005

)

 

$

30,066

 

 

 

 

Six Months Ended June 30, 2025

 

 

Care
Partners

 

 

Care
Delivery

 

 

Care
Enablement

 

 

Intersegment
Elimination

 

 

Corporate
Costs

 

 

Consolidated
Total

 

Third-Party

 

$

1,232,393

 

 

$

36,704

 

 

$

6,099

 

 

$

 

 

$

 

 

$

1,275,196

 

Intersegment

 

 

 

 

 

35,078

 

 

 

74,362

 

 

 

(109,440

)

 

 

 

 

 

 

Total revenues

 

 

1,232,393

 

 

 

71,782

 

 

 

80,461

 

 

 

(109,440

)

 

 

 

 

 

1,275,196

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of services

 

 

1,048,934

 

 

 

55,012

 

 

 

56,948

 

 

 

(34,994

)

 

 

 

 

 

1,125,900

 

General and administrative(1)

 

 

89,559

 

 

 

17,731

 

 

 

18,139

 

 

 

(74,461

)

 

 

57,407

 

 

 

108,375

 

Total expenses

 

 

1,138,493

 

 

 

72,743

 

 

 

75,087

 

 

 

(109,455

)

 

 

57,407

 

 

 

1,234,275

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

93,900

 

 

$

(961

)

 

$

5,374

 

 

$

15

 

(2)

$

(57,407

)

 

$

40,921

 

 

 

 

Six Months Ended June 30, 2024

 

 

 

Care
Partners

 

 

Care
Delivery

 

 

Care
Enablement

 

 

Intersegment
Elimination

 

 

Corporate
Costs

 

 

Consolidated
Total

 

Third-Party

 

$

845,595

 

 

$

39,096

 

 

$

5,930

 

 

$

 

 

$

 

 

$

890,621

 

Intersegment

 

 

 

 

 

26,480

 

 

 

63,516

 

 

 

(89,996

)

 

 

 

 

 

 

Total revenues

 

 

845,595

 

 

 

65,576

 

 

 

69,446

 

 

 

(89,996

)

 

 

 

 

 

890,621

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cost of services

 

 

679,602

 

 

 

51,046

 

 

 

37,312

 

 

 

(24,756

)

 

 

 

 

 

743,204

 

General and administrative(1)

 

 

82,474

 

 

 

12,943

 

 

 

21,712

 

 

 

(65,322

)

 

 

35,405

 

 

 

87,212

 

Total expenses

 

 

762,076

 

 

 

63,989

 

 

 

59,024

 

 

 

(90,078

)

 

 

35,405

 

 

 

830,416

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from operations

 

$

83,519

 

 

$

1,587

 

 

$

10,422

 

 

$

82

 

(2)

$

(35,405

)

 

$

60,205

 

(1)
Balance includes general and administrative expenses, and depreciation and amortization.
(2)
Income (loss) from operations for the intersegment elimination represents sublease income between segments. Sublease income is presented within other income that is not presented in the table.