Accounts Receivable and Net Revenue (Tables)

3 Months Ended

Mar. 31, 2024

Text Block [Abstract]

Schedule of Accounts Receivable, Net

Accounts receivable, net consists of the following (in thousands):

	March 31, 2024			December 31, 2023
Gross accounts receivable	$	1,456,721		$	1,379,213
Allowance for contractual adjustments and uncollectibles		(1,172,972	)		(1,106,900	)
	$	283,749		$	272,313

Schedule of Net Revenue

The following table summarizes the Company’s net revenue by category (in thousands):

	Three Months Ended March 31,
	2024		2023
Net patient service revenue	$	421,831	$	423,184
Hospital contract administrative fees		71,803		65,989
Other revenue		1,467		1,835
	$	495,101	$	491,008

Schedule of Percentage of Net Revenue

The approximate percentage of net patient service revenue by type of payor was as follows:

	Three Months Ended March 31,
	2024			2023
Contracted managed care		70	%		67	%
Government		25			26
Other third-parties		3			6
Private-pay patients		2			1
		100	%		100	%