Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Accounting Policies [Abstract]

Schedule of Disaggregated Revenue by Each Payor Type

The following table presents disaggregated revenue generated by payor type for the three months ended March 31, 2022 and 2021 (in thousands):

	Three Months Ended March 31,
	2022		2021
Commercial	$	42,140	$	32,266
Medicare	133,659		64,677
Medicaid	71,663		69,664
Other third parties	15,796		9,451
Revenue	$	263,258	$	176,058

Schedule of Contributions to Revenue and Receivables by Payor

The Company had major payors that contributed the following percentages of net revenue:

	Three Months Ended March 31,
	2022		2021
Payor A	*		12.8	%
Payor B	*		10.5	%
Payor C	10.6	%	16.9	%
Payor D	30.4	%	*

*    Less than 10% of total net revenues

The Company had major payors that contributed to the following percentages of receivables and receivables – related parties:

	As of March 31, 2022		As of December 31, 2021
Payor D	19.0	%	*
Payor E	28.0	%	45.0	%
Payor F	19.0	%	30.0	%

*    Less than 10% of total receivables and receivables — related parties, net

Schedule of Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments as of March 31, 2022, are presented below (in thousands):

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Assets
Money market funds*	$	96,213	$	—	$	—	$	96,213
Marketable securities – certificates of deposit	25,046		—		—		25,046
Marketable securities – equity securities	13,577		4,270		—		17,847
Contingent equity securities	—		—		4,270		4,270
Warrants	—		1,135		—		1,135
Interest rate swaps	—		522		—		522
Total assets	$	134,836	$	5,927	$	4,270	$	145,033
Liabilities
APCMG contingent consideration	—		—		1,000		1,000
Total liabilities	$	—	$	—	$	1,000	$	1,000

*    Included in cash and cash equivalents

The carrying amounts and fair values of the Company’s financial instruments as of December 31, 2021, are presented below (in thousands):

	Fair Value Measurements
	Level 1		Level 2		Level 3		Total
Assets
Money market accounts*	$	114,665	$	—	$	—	$	114,665
Marketable securities – certificates of deposit	25,024		—		—		25,024
Marketable securities – equity securities	24,123		4,270		—		28,393
Contingent equity securities	—		—		4,270		4,270
Warrants	—		1,145		—		1,145
Total assets	$	163,812	$	5,415	$	4,270	$	173,497
Liabilities
Interest rate swaps	$	—	$	1,071	$	—	$	1,071
APCMG contingent consideration	$	—	$	—	$	1,000	$	1,000
Total liabilities	$	—	$	1,071	$	1,000	$	2,071

*    Included in cash and cash equivalents