Basis of Presentation and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020

Accounting Policies [Abstract]

Schedule of Disaggregated Revenue by Each Payor Type

The following table presents disaggregated revenue generated by payor type for the three and six months ended June 30, 2020 and 2019 (in thousands):

	For the Three Months Ended June 30,
	2020		2019
Commercial	$	25,479	$	25,365
Medicare	62,038		57,965
Medicaid	68,450		36,277
Other third parties	9,202		10,443
Revenue	$	165,169	$	130,050

	For the Six Months Ended June 30,
	2020		2019
Commercial	$	50,192	$	50,383
Medicare	126,918		95,063
Medicaid	134,897		61,647
Other third parties	18,267		18,713
Revenue	$	330,274	$	225,806

Schedule of Contributions to Revenue and Receivables by Payor

The Company had major payors that contributed the following percentages of net revenue:

	For the Three Months Ended June 30,
	2020		2019
Payor A	11.9	%	13.7	%
Payor B	10.3	%	12.6	%
Payor C	*		10.5	%
Payor D	17.5	%	13.7	%
Payor E	12.4	%	*
Payor F	10.1	%	*

	For the Six Months Ended June 30,
	2020		2019
Payor A	11.9	%	15.8	%
Payor B	10.3	%	14.3	%
Payor C	*		11.7	%
Payor D	17.5	%	*
Payor E	12.9	%	*
Payor F	10.3	%	*

* Less than 10% of total net revenues

The Company had major payors that contributed to the following percentages of receivables and receivables – related parties:

	As of June 30, 2020		As of December 31, 2019
Payor D	12.4	%	*
Payor G	33.5	%	30.4	%
Payor H	35.1	%	36.0	%

* Less than 10% of total receivables and receivables — related parties, net

Schedule of Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments as of June 30, 2020, are presented below (in thousands):

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Assets
Money market funds*	$	108,195	$	—	$	—	$	108,195
Marketable securities – certificates of deposit	117,611		—		—		117,611
Marketable securities – equity securities	45		—				45
Total	$	225,851	$	—	$	—	$	225,851

The carrying amounts and fair values of the Company’s financial instruments as of December 31, 2019, are presented below (in thousands):

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Assets
Money market funds*	$	50,731	$	—	$	—	$	50,731
Marketable securities – certificates of deposit	116,469		—		—		116,469
Marketable securities – equity securities	70		—		—		70
Total	$	167,270	$	—	$	—	$	167,270

* Included in cash and cash equivalents