Segment Reporting

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting Our business is organized into three operating business segments and one non-operating business segment:

•Virtual Care Infrastructure—consisting of U.S. Telehealth and International Telehealth businesses(1);

•Services—consisting of Behavioral and Pharmacy businesses(2);

•Integrated Care Management—consisting of SaaS business; and

•Corporate—consisting of holding company.

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

(2) As discussed in Note 3, Significant Transactions, we completed the sale of Innovations Group, which comprised our Pharmacy business, on May 11, 2023. In addition, we substantially completed the wind down of a company within our Behavioral business in our Services segment in the three months ended June 30, 2023.

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 June 30,				Six Months Ended June 30,
In thousands	2023		2022		2023		2022
Virtual Care Infrastructure	$	16,838	$	16,815	$	34,296	$	32,445
Services	15,503		19,030		36,317		36,760
Integrated Care Management	5,482		7,823		9,355		10,435
Total revenues	$	37,823	$	43,668	$	79,968	$	79,640

Gross profit by segment consisted of the following:

	Three Months Ended June 30,				Six Months Ended June 30,
In thousands	2023		2022		2023		2022
Virtual Care Infrastructure	$	8,470	$	7,255	$	18,655	$	13,756
Services	7,728		6,774		17,639		12,626
Integrated Care Management	3,778		6,894		6,358		8,532
Total gross profit	$	19,976	$	20,923	$	42,652	$	34,914

Total assets by segment consisted of the following:

In thousands	June 30, 2023		December 31, 2022
Virtual Care Infrastructure	$	133,078	$	140,776
Services	48,981		124,980
Integrated Care Management	47,635		44,776
Corporate	65,384		29,272
Total assets	$	295,078	$	339,804

All long-lived assets were located in the U.S. as of June 30, 2023 and December 31, 2022.