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Revenue (Tables)
9 Months Ended
Sep. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregates Revenue by Major Source

The following table disaggregates our revenue by major source for the three and nine-month periods ended September 30, 2024 and 2023 (in thousands):

 

 

For the three months ended September 30, 2024

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

322,466

 

 

14

%

 

$

81,148

 

 

5

%

 

 

 

 

$

403,614

 

 

10

%

Managed Medicare

 

361,804

 

 

16

%

 

 

107,910

 

 

6

%

 

 

 

 

 

469,714

 

 

12

%

Medicaid

 

296,966

 

 

13

%

 

 

262,393

 

 

15

%

 

 

 

 

 

559,359

 

 

14

%

Managed Medicaid

 

154,762

 

 

7

%

 

 

422,563

 

 

25

%

 

 

 

 

 

577,325

 

 

15

%

Managed Care (HMO and PPOs)

 

725,014

 

 

32

%

 

 

401,004

 

 

23

%

 

 

 

 

 

1,126,018

 

 

28

%

UK Revenue

 

0

 

 

0

%

 

 

230,153

 

 

13

%

 

 

 

 

 

230,153

 

 

6

%

Other patient revenue and adjustments, net

 

117,679

 

 

5

%

 

 

155,332

 

 

9

%

 

 

 

 

 

273,011

 

 

7

%

Other non-patient revenue

 

266,826

 

 

12

%

 

 

54,411

 

 

3

%

 

 

2,596

 

 

 

323,833

 

 

8

%

Total Net Revenue

$

2,245,517

 

 

100

%

 

$

1,714,914

 

 

100

%

 

$

2,596

 

 

 

3,963,027

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 2024

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

1,009,630

 

 

15

%

 

$

234,295

 

 

5

%

 

 

 

 

$

1,243,925

 

 

11

%

Managed Medicare

 

1,104,493

 

 

17

%

 

 

307,388

 

 

6

%

 

 

 

 

 

1,411,881

 

 

12

%

Medicaid

 

771,298

 

 

12

%

 

 

804,254

 

 

16

%

 

 

 

 

 

1,575,552

 

 

13

%

Managed Medicaid

 

466,881

 

 

7

%

 

 

1,262,108

 

 

25

%

 

 

 

 

 

1,728,989

 

 

15

%

Managed Care (HMO and PPOs)

 

2,129,117

 

 

32

%

 

 

1,227,056

 

 

24

%

 

 

 

 

 

3,356,173

 

 

29

%

UK Revenue

 

0

 

 

0

%

 

 

650,655

 

 

13

%

 

 

 

 

 

650,655

 

 

6

%

Other patient revenue and adjustments, net

 

375,161

 

 

6

%

 

 

449,609

 

 

9

%

 

 

 

 

 

824,770

 

 

7

%

Other non-patient revenue

 

747,427

 

 

11

%

 

 

166,925

 

 

3

%

 

 

7,916

 

 

 

922,268

 

 

8

%

Total Net Revenue

$

6,604,007

 

 

100

%

 

$

5,102,290

 

 

100

%

 

$

7,916

 

 

$

11,714,213

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended September 30, 2023

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

298,121

 

 

15

%

 

$

81,689

 

 

5

%

 

 

 

 

$

379,810

 

 

11

%

Managed Medicare

 

324,486

 

 

16

%

 

 

95,094

 

 

6

%

 

 

 

 

 

419,580

 

 

12

%

Medicaid

 

201,148

 

 

10

%

 

 

204,154

 

 

13

%

 

 

 

 

 

405,302

 

 

11

%

Managed Medicaid

 

181,051

 

 

9

%

 

 

387,975

 

 

25

%

 

 

 

 

 

569,026

 

 

16

%

Managed Care (HMO and PPOs)

 

651,816

 

 

32

%

 

 

383,146

 

 

25

%

 

 

 

 

 

1,034,962

 

 

29

%

UK Revenue

 

0

 

 

0

%

 

 

202,994

 

 

13

%

 

 

 

 

 

202,994

 

 

6

%

Other patient revenue and adjustments, net

 

108,676

 

 

5

%

 

 

129,492

 

 

8

%

 

 

 

 

 

238,168

 

 

7

%

Other non-patient revenue

 

251,990

 

 

12

%

 

 

58,151

 

 

4

%

 

 

2,791

 

 

 

312,932

 

 

9

%

Total Net Revenue

$

2,017,288

 

 

100

%

 

$

1,542,695

 

 

100

%

 

$

2,791

 

 

$

3,562,774

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the nine months ended September 30, 2023

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

961,640

 

 

16

%

 

$

233,930

 

 

5

%

 

 

 

 

$

1,195,570

 

 

11

%

Managed Medicare

 

1,013,493

 

 

17

%

 

 

255,782

 

 

6

%

 

 

 

 

 

1,269,275

 

 

12

%

Medicaid

 

445,678

 

 

7

%

 

 

625,956

 

 

14

%

 

 

 

 

 

1,071,634

 

 

10

%

Managed Medicaid

 

545,173

 

 

9

%

 

 

1,184,315

 

 

26

%

 

 

 

 

 

1,729,488

 

 

16

%

Managed Care (HMO and PPOs)

 

2,009,110

 

 

34

%

 

 

1,160,820

 

 

25

%

 

 

 

 

 

3,169,930

 

 

30

%

UK Revenue

 

0

 

 

0

%

 

 

560,897

 

 

12

%

 

 

 

 

 

560,897

 

 

5

%

Other patient revenue and adjustments, net

 

303,923

 

 

5

%

 

 

387,327

 

 

8

%

 

 

 

 

 

691,250

 

 

7

%

Other non-patient revenue

 

714,882

 

 

12

%

 

 

166,351

 

 

4

%

 

 

9,153

 

 

 

890,386

 

 

8

%

Total Net Revenue

$

5,993,899

 

 

100

%

 

$

4,575,378

 

 

100

%

 

$

9,153

 

 

$

10,578,430

 

 

100

%