REVENUE AND ACCOUNTS RECEIVABLE - 10-K (Tables)

6 Months Ended

Jun. 30, 2024

Revenue from Contract with Customer [Abstract]

Summary of Patient and Resident Service Revenue by Primary Payors

The composition of patient and resident service revenue by primary payors for the years ended December 31, 2023, 2022, and 2021 are as follows:

	2023		% of Revenue		2022		% of Revenue		2021		% of Revenue
Medicare	$	1,200,801	38.6	%	$	1,142,863	47.6	%	$	496,311	43.7	%
Medicaid	1,168,455		37.6	%	723,896		30.2	%	399,141		35.1	%
Managed care	586,850		18.9	%	416,089		17.3	%	159,541		14.0	%
Private and other	154,008		4.9	%	116,307		4.9	%	80,916		7.2	%
Total patient and resident service revenue	$	3,110,114	100.0	%	$	2,399,155	100.0	%	$	1,135,909	100.0	%

The composition of patient and resident service revenue by primary payors for the three and six months ended June 30, 2024 and 2023 are as follows:

	Three Months Ended June 30,
	2024		% of Revenue		2023		% of Revenue
Medicare	$	368,044	37.5	%	$	316,877	41.7	%
Medicaid	373,818		38.1	%	268,867		35.4	%
Managed care	191,273		19.5	%	138,440		18.2	%
Private and other	48,263		4.9	%	36,240		4.7	%
Total patient and resident service revenue	$	981,398	100.0	%	$	760,424	100.0	%

	Six Months Ended June 30,
	2024		% of Revenue		2023		% of Revenue
Medicare	$	701,387	36.6	%	$	657,287	44.8	%
Medicaid	736,170		38.4	%	483,026		32.9	%
Managed care	375,553		19.6	%	261,877		17.8	%
Private and other	102,586		5.4	%	66,060		4.5	%
Total patient and resident service revenue	$	1,915,696	100.0	%	$	1,468,250	100.0	%