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Segment Reporting
3 Months Ended
Mar. 31, 2023
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Our business is organized into three operating business segments and one non-operating business segment:
Integrated Care Management—through our Thrasys subsidiary;
Virtual Care Infrastructure—through our Cloudbreak and Glocal subsidiaries(1);
Services—through our Innovations Group, BHS, and TTC subsidiaries; and
Corporate—through UpHealth and our UpHealth Holdings subsidiary.
(1) As discussed in Note 1, Organization and Business, we deconsolidated Glocal during the three months ended September 30, 2022; accordingly, the financial results of Glocal for the three months ended March 31, 2022 are included in our unaudited condensed consolidated financial statements, and the financial results of Glocal as of March 31, 2023 and December 31, 2022 and for the three months ended March 31, 2023 are not included in our unaudited condensed consolidated financial statements.
We evaluate performance based on several factors, of which Revenues, Gross Profit, and Total Assets are the primary financial measures:
Revenues by segment consisted of the following:

Three Months Ended March 31,
In thousands20232022
Integrated Care Management$3,873 $2,612 
Virtual Care Infrastructure(1)
17,458 15,630 
Services20,814 17,730 
Total revenues$42,145 $35,972 

(1) As discussed in Note 1, Organization and Business, we deconsolidated Glocal during the three months ended September 30, 2022; accordingly, the financial results of Glocal for the three months ended March 31, 2022 are included in our unaudited condensed consolidated financial statements, and the financial results of Glocal for the three months ended March 31, 2023 are not included in our unaudited condensed consolidated financial statements.

Gross profit by segment consisted of the following:

Three Months Ended March 31,
In thousands20232022
Integrated Care Management$2,580 $1,638 
Virtual Care Infrastructure(1)
10,185 6,501 
Services9,911 5,852 
Total gross profit$22,676 $13,991 

(1) As discussed in Note 1, Organization and Business, we deconsolidated Glocal during the three months ended September 30, 2022; accordingly, the financial results of Glocal for the three months ended March 31, 2022 are included in our unaudited
condensed consolidated financial statements, and the financial results of Glocal for the three months ended March 31, 2023 are not included in our unaudited condensed consolidated financial statements.

Total assets by segment consisted of the following:

In thousandsMarch 31, 2023December 31, 2022
Integrated Care Management$45,132 44,776 
Virtual Care Infrastructure(1)
140,311 140,776 
Services126,142 124,980 
Corporate27,212 29,272 
Total assets$338,797 $339,804 

(1) As discussed in Note 1, Organization and Business, we deconsolidated Glocal during the three months ended September 30, 2022; accordingly, the financial position of Glocal as of March 31, 2023 and December 31, 2022 and for the three months ended March 31, 2023 are not included in our unaudited condensed consolidated financial statements.

Total assets by geography consisted of the following:

In thousandsMarch 31, 2023December 31, 2022
Americas$317,597 339,804 
Asia(1)
21,200 — 
Total assets$338,797 $339,804 
(1) As discussed in Note 1, Organization and Business, we deconsolidated Glocal during the three months ended September 30, 2022; accordingly, the financial position of Glocal as of March 31, 2023 and December 31, 2022 and for the three months ended March 31, 2023 are not included in our unaudited condensed consolidated financial statements.