Operating Segments (Tables)

12 Months Ended

Dec. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The table below summarizes the Company's results by operating segment:

	Insurance	Non-Insurance	Corporate/Other	Eliminations	Consolidated Total
Year ended December 31, 2023	(in thousands)
Premiums earned, net (net of ceded premiums of $444)	1,235,769	—	—	—	1,235,769
Non-Insurance revenue	—	773,177	—	—	773,177
Other income	10,336	5,267	59,569	(50,398)	24,774
Intersegment revenues	—	—	155,089	(155,089)	—
Net medical claims incurred	1,003,683	771,798	17,432	(16,525)	1,776,388
Gross profit (loss)	242,422	6,646	197,226	(188,962)	257,332
Total assets	401,812	71,878	873,971	(776,990)	570,671

	Insurance	Non-Insurance	Corporate/Other	Eliminations	Consolidated Total
Year ended December 31, 2022	(in thousands)
Premiums earned, net (net of ceded premiums of $470)	1,084,869	—	—	—	1,084,869
Non-Insurance revenue	—	2,380,135	—	—	2,380,135
Other income	2,577	1,311	74,610	(66,815)	11,683
Intersegment revenues	—	—	108,249	(108,249)	—
Net medical claims incurred	996,410	2,460,879	9,042	(12,379)	3,453,952
Gross profit (loss)	91,036	(79,433)	173,817	(162,685)	22,735
Total assets	354,748	156,754	957,483	(660,365)	808,620

Schedule of Reconciliation of Revenue from Segments to Consolidated

A reconciliation of the reportable segments' gross profit to the Net loss included in the audited Consolidated Statements of Operations and Comprehensive Loss is as follows:

	Year ended December 31,
	2023		2022
	(in thousands)
Gross profit	$	257,332	$	22,735
Salaries and benefits	257,157		278,725
General and administrative expenses	187,571		207,917
Impairment of goodwill and other intangible assets	15,945		—
Premium deficiency reserve benefit	(7,239)		(93,517)
Depreciation and amortization	2,509		1,187
Restructuring costs	9,931		—
Other expense	—		70
Change in fair value of warrants	86		(900)
Interest expense	7		1,333
Amortization of notes and securities discounts	—		30
Loss (gain) on investment	4,726		(9,217)
Gain on debt extinguishment on note payable	—		(23,326)
Net loss	$	(213,361)	$	(339,567)