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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:      
Net income (loss) $ (947,597) $ (52,012) $ 60,955
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Loss from Equity Method Investment in the Joint Venture 380,713 70,487 58,680
Depreciation and amortization 30,838    
Accretion and changes in estimate, net 15,823    
Tax receivable agreement charges 164,633    
Equity compensation 1,701    
Deferred income tax expense (benefit) (143,822) (18,595) (119,621)
(Gain) Loss on Sale of Interests in the Joint Venture   (661) (14)
(Gain) loss on other investments (15,881)    
Goodwill impairment charge 561,164    
Amortization of debt discount and issuance costs 2,235    
Other (1,110)    
Changes in operating assets and liabilities:      
Accounts receivable (21,211)    
Prepaid expenses and other (7,528)    
Due from the Joint Venture (2,516) (72) 524
Income taxes receivable 1,309 14,047 (15,828)
Accounts payable 7,532    
Accrued expenses and other liabilities (195,207) (125) (524)
Deferred Revenue 11,304    
Due to the Joint Venture 3,692 (9,661) 15,828
Net cash provided by (used in) operating activities (153,928) 3,408  
Cash flows from investing activities:      
Proceeds from sale of interests in Joint Venture   6,503 171
Capitalized expenditures (13,002)    
Acquisitions, net of cash acquired 330,667    
Investment in debt and equity securities of the Joint Venture (278,875)    
Proceeds from investments in debt securities of the Joint Venture 7,332    
Investment in the Joint Venture (610,784)    
Net cash provided by (used in) investing activities (564,662) 6,503 171
Cash flows from financing activities:      
Proceeds from initial public offering, net of issuance costs 608,679    
Proceeds from issuance of equity component of tangible equity units, net of issuance costs 232,929    
Proceeds from issuance of debt component of tangible equity units 47,367    
Payment of loan costs (1,421)    
Repayment of senior amortizing notes (11,094)    
Proceeds from draw on revolver 250,000    
Payments to acquire common stock   (6,502) (171)
Receipts (payments) on derivative instruments (890)    
Net cash provided by (used in) financing activities 1,125,570 (6,502) (171)
Effect of exchange rate changes on cash and cash equivalents 16    
Net increase (decrease) in cash, cash equivalents and restricted cash 406,996 3,409  
Cash, cash equivalents and restricted cash at beginning of period 3,409    
Cash, cash equivalents and restricted cash at end of period 410,405 3,409  
Supplemental disclosures of cash flow information      
Cash paid for interest 265,633    
Cash paid for income taxes (714)   15,828
Issuance of common stock upon exercise of equity awards:      
Investment in the Joint Venture 5,077 1,297 5,306
Dividend receivable (5,077) (1,297) (5,306)
Change Healthcare Inc. portion of the Joint Venture equity transactions:      
Investment in the Joint Venture 13,902 (2,377) 10,898
Additional paid in capital (11,133) (6,043) (7,427)
Accumulated other comprehensive income (2,769) $ 8,420 $ (3,471)
Capitalized Expenditures:      
Property and equipment, net 5,295    
Other noncurrent assets, net 14,169    
Intangibles, net 2,855    
Drafts and accounts payable (9,843)    
Accrued expenses $ (12,476)