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Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 2025
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 month periods ended March 31, 2025 and 2024 (in thousands):

 

 

For the three months ended March 31, 2025

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

391,561

 

 

17

%

 

$

76,478

 

 

4

%

 

 

 

 

$

468,039

 

 

11

%

Managed Medicare

 

419,862

 

 

18

%

 

 

100,437

 

 

6

%

 

 

 

 

 

520,299

 

 

13

%

Medicaid

 

250,865

 

 

11

%

 

 

276,043

 

 

16

%

 

 

 

 

 

526,908

 

 

13

%

Managed Medicaid

 

158,414

 

 

7

%

 

 

444,415

 

 

25

%

 

 

 

 

 

602,829

 

 

15

%

Managed Care (HMO and PPOs)

 

780,148

 

 

33

%

 

 

404,653

 

 

23

%

 

 

 

 

 

1,184,801

 

 

29

%

UK Revenue

 

0

 

 

0

%

 

 

227,068

 

 

13

%

 

 

 

 

 

227,068

 

 

6

%

Other patient revenue and adjustments, net

 

149,226

 

 

6

%

 

 

160,847

 

 

9

%

 

 

 

 

 

310,073

 

 

8

%

Other non-patient revenue

 

199,153

 

 

8

%

 

 

57,708

 

 

3

%

 

 

2,842

 

 

 

259,703

 

 

6

%

Total Net Revenue

$

2,349,229

 

 

100

%

 

$

1,747,649

 

 

100

%

 

$

2,842

 

 

$

4,099,720

 

 

100

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the three months ended March 31, 2024

 

 

Acute Care

 

 

Behavioral Health

 

 

Other

 

 

Total

 

Medicare

$

349,087

 

 

16

%

 

$

76,816

 

 

5

%

 

 

 

 

$

425,903

 

 

11

%

Managed Medicare

 

373,401

 

 

17

%

 

 

96,074

 

 

6

%

 

 

 

 

 

469,475

 

 

12

%

Medicaid

 

234,862

 

 

11

%

 

 

248,363

 

 

15

%

 

 

 

 

 

483,225

 

 

13

%

Managed Medicaid

 

159,359

 

 

7

%

 

 

423,308

 

 

26

%

 

 

 

 

 

582,667

 

 

15

%

Managed Care (HMO and PPOs)

 

698,785

 

 

32

%

 

 

404,173

 

 

24

%

 

 

 

 

 

1,102,958

 

 

29

%

UK Revenue

 

0

 

 

0

%

 

 

207,796

 

 

13

%

 

 

 

 

 

207,796

 

 

5

%

Other patient revenue and adjustments, net

 

123,333

 

 

6

%

 

 

144,131

 

 

9

%

 

 

 

 

 

267,464

 

 

7

%

Other non-patient revenue

 

246,254

 

 

11

%

 

 

55,406

 

 

3

%

 

 

2,434

 

 

 

304,094

 

 

8

%

Total Net Revenue

$

2,185,081

 

 

100

%

 

$

1,656,067

 

 

100

%

 

$

2,434

 

 

$

3,843,582

 

 

100

%