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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT PROPERTY AND EQUIPMENT
Property and equipment was as follows as of March 31, 2024 and December 31, 2023 (in thousands):
March 31, 2024December 31, 2023
Infusion pumps$36,484 $36,943 
Equipment, furniture and other24,685 23,593 
Leasehold improvements100,109 99,725 
Computer software, purchased and internally developed50,982 50,572 
Assets under development33,159 33,668 
245,419 244,501 
Less: accumulated depreciation(124,450)(123,871)
Property and equipment, net$120,969 $120,630 
Depreciation expense is recorded within cost of revenue and operating expenses within the unaudited condensed consolidated statements of comprehensive income, depending on the nature of the underlying fixed assets. The depreciation expense included in cost of revenue relates to revenue-generating assets, such as infusion pumps. The depreciation expense included in operating expenses is related to infrastructure items, such as furniture, computer and office equipment, and leasehold improvements. The following table presents the amount of depreciation expense recorded in cost of revenue and operating expenses for the three months ended March 31, 2024 and 2023 (in thousands):
Three Months Ended March 31,
20242023
Depreciation expense in cost of revenue$576 $711 
Depreciation expense in operating expenses6,120 6,012 
Total depreciation expense$6,696 $6,723