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Segment Reporting (Tables)
3 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment The following tables present information about the Company’s reportable segment:
Three Months Ended March 31,
20252024
(in thousands)
Operating revenue$373,225 $388,488 
Less:
Medical claims expense(352,317)(347,582)
Other medical expense(1)
(19,726)(34,475)
Depreciation and amortization(21,052)(21,539)
Other segment items(2)
(14,900)(28,561)
Interest expense, net(8,725)(4,256)
Interest income322 391 
Loss before income taxes(43,173)(47,534)
Income tax provision(1,073)(2,072)
Net loss$(44,246)$(49,606)
March 31, 2025December 31, 2024
(in thousands)
Segment assets$129,350 $121,266 
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(1)Other medical expense includes subcapitation expense, affiliate provider compensation expense, and other non-claim costs.
(2)Other segment items include premium deficiency reserve, corporate, general and administrative expense, sales and marketing expense, and miscellaneous income and expense.