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Revenue Recognition (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregates Revenue by Major Source

The following table disaggregates our revenue by major source for the years ended December 31, 2023, 2022 and 2021 (in thousands):

 

For the year ended December 31, 2023

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

1,297,084

 

 

16

%

 

$

310,321

 

 

5

%

 

 

 

 

$

1,607,405

 

 

11

%

Managed Medicare

 

1,368,284

 

 

17

%

 

 

345,771

 

 

6

%

 

 

 

 

 

1,714,055

 

 

12

%

Medicaid

 

638,986

 

 

8

%

 

 

893,918

 

 

14

%

 

 

 

 

 

1,532,904

 

 

11

%

Managed Medicaid

 

716,380

 

 

9

%

 

 

1,574,281

 

 

25

%

 

 

 

 

 

2,290,661

 

 

16

%

Managed Care (HMO and PPOs)

 

2,658,890

 

 

33

%

 

 

1,552,304

 

 

25

%

 

 

 

 

 

4,211,194

 

 

29

%

UK Revenue

 

0

 

 

0

%

 

 

761,124

 

 

12

%

 

 

 

 

 

761,124

 

 

5

%

Other patient revenue and adjustments, net

 

452,781

 

 

6

%

 

 

528,422

 

 

9

%

 

 

 

 

 

981,203

 

 

7

%

Other non-patient revenue

 

948,997

 

 

12

%

 

 

224,780

 

 

4

%

 

 

9,653

 

 

 

1,183,430

 

 

8

%

Total Net Revenue

$

8,081,402

 

 

100

%

 

$

6,190,921

 

 

100

%

 

$

9,653

 

 

$

14,281,976

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2022

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

1,289,425

 

 

17

%

 

$

326,337

 

 

6

%

 

 

 

 

$

1,615,762

 

 

12

%

Managed Medicare

 

1,274,719

 

 

17

%

 

 

285,870

 

 

5

%

 

 

 

 

 

1,560,589

 

 

12

%

Medicaid

 

719,870

 

 

9

%

 

 

792,526

 

 

14

%

 

 

 

 

 

1,512,396

 

 

11

%

Managed Medicaid

 

757,488

 

 

10

%

 

 

1,449,367

 

 

25

%

 

 

 

 

 

2,206,855

 

 

16

%

Managed Care (HMO and PPOs)

 

2,536,818

 

 

33

%

 

 

1,476,136

 

 

26

%

 

 

 

 

 

4,012,954

 

 

30

%

UK Revenue

 

0

 

 

0

%

 

 

684,594

 

 

12

%

 

 

 

 

 

684,594

 

 

5

%

Other patient revenue and adjustments, net

 

261,879

 

 

3

%

 

 

483,763

 

 

8

%

 

 

 

 

 

745,642

 

 

6

%

Other non-patient revenue

 

806,550

 

 

11

%

 

 

231,165

 

 

4

%

 

 

22,863

 

 

 

1,060,578

 

 

8

%

Total Net Revenue

$

7,646,749

 

 

100

%

 

$

5,729,758

 

 

100

%

 

$

22,863

 

 

$

13,399,370

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2021

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

1,292,205

 

 

18

%

 

$

361,914

 

 

7

%

 

 

 

 

$

1,654,119

 

 

13

%

Managed Medicare

 

1,118,901

 

 

16

%

 

 

244,061

 

 

4

%

 

 

 

 

 

1,362,962

 

 

11

%

Medicaid

 

539,741

 

 

8

%

 

 

751,951

 

 

14

%

 

 

 

 

 

1,291,692

 

 

10

%

Managed Medicaid

 

618,727

 

 

9

%

 

 

1,328,536

 

 

24

%

 

 

 

 

 

1,947,263

 

 

15

%

Managed Care (HMO and PPOs)

 

2,521,089

 

 

35

%

 

 

1,435,938

 

 

26

%

 

 

 

 

 

3,957,027

 

 

31

%

UK Revenue

 

0

 

 

0

%

 

 

687,725

 

 

12

%

 

 

 

 

 

687,725

 

 

5

%

Other patient revenue and adjustments, net

 

358,458

 

 

5

%

 

 

484,742

 

 

9

%

 

 

 

 

 

843,200

 

 

7

%

Other non-patient revenue

 

659,133

 

 

9

%

 

 

208,777

 

 

4

%

 

 

30,219

 

 

 

898,129

 

 

7

%

Total Net Revenue

$

7,108,254

 

 

100

%

 

$

5,503,644

 

 

100

%

 

$

30,219

 

 

$

12,642,117

 

 

100

%