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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Schedule of Disaggregated Revenue by Payor Type The following table presents disaggregated revenue generated by each payor type (in thousands):
Years Ended December 31,
202020192018
Commercial$108,851 $107,340 $113,000 
Medicare271,596226,002226,353
Medicaid269,079192,596134,904
Other third parties37,65434,68045,651
Revenue$687,180 $560,618 $519,908 
Schedule of Contributions to Revenue and Receivables by Payor
The Company had major payors that contributed the following percentages of net revenue:
Years Ended December 31,
202020192018
Payor A12.5 %13.6 %14.6 %
Payor B10.9 %13.4 %18.7 %
Payor C*%*%14.1 %
Payor D13.1 %11.7 %14.1 %
Payor E16.9 %12.9 %*%
*Less than 10% of total net revenues
The Company had major payors that contributed to the following percentages of net receivables and receivables - related parties :
As of December 31,
20202019
Payor F43.9 %30.4 %
Payor G36.5 %36.0 %
Schedule of Carrying Amounts and Fair Values of Financial Instruments
The carrying amounts and fair values of the Company’s financial instruments as of December 31, 2020 are presented below (in thousands):
Fair Value Measurements
Level 1Level 2Level 3Total
Assets
Money market accounts*$115,769 $— $— $115,769 
Marketable securities – certificates of deposit67,637 — — 67,637 
Marketable securities – equity securities58 — — 58 
Total$183,464 $— $— $183,464 
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 1Level 2Level 3Total
Assets
Money market accounts*$50,731 $— $— $50,731 
Marketable securities – certificates of deposit116,469 — — 116,469 
Marketable securities – equity securities70 — — 70 
Total$167,270 $— $— $167,270 
*Included in cash and cash equivalents