Schedule of Disaggregation of Revenue |
Service revenue for the three and nine months ended September 30, 2023 and 2022 is summarized in the following tables: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, | | 2023 | | 2022 | | Revenue | | % of Revenue | | Revenue | | % of Revenue | Medicaid(1) | $ | 374,838 | | | 40.1 | % | | $ | 302,615 | | | 39.5 | % | Medicare | 237,531 | | | 25.4 | | | 211,104 | | | 27.6 | | Medicaid — skilled | 62,452 | | | 6.6 | | | 50,643 | | | 6.6 | | Total Medicaid and Medicare | 674,821 | | | 72.1 | | | 564,362 | | | 73.7 | | Managed care | 170,747 | | | 18.3 | | | 132,663 | | | 17.3 | | Private and other(2) | 89,756 | | | 9.6 | | | 68,858 | | | 9.0 | | SERVICE REVENUE | $ | 935,324 | | | 100.0 | % | | $ | 765,883 | | | 100.0 | % | (1) Medicaid payor includes revenue for senior living operations and revenue related to state relief funding.(2) Private and other payors also includes revenue from senior living operations and all payors generated in other ancillary services. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, | | 2023 | | 2022 | | | | Revenue | | % of Revenue | | Revenue | | % of Revenue | | | | | Medicaid(1) | $ | 1,074,883 | | | 39.3 | % | | $ | 863,091 | | | 39.2 | % | | | | | Medicare | 733,335 | | | 26.8 | | | 610,009 | | | 27.7 | | | | | | Medicaid — skilled | 182,394 | | | 6.7 | | | 146,355 | | | 6.6 | | | | | | Total Medicaid and Medicare | 1,990,612 | | | 72.8 | | | 1,619,455 | | | 73.5 | | | | | | Managed care | 488,511 | | | 17.9 | | | 389,036 | | | 17.7 | | | | | | Private and other(2) | 254,220 | | | 9.3 | | | 194,895 | | | 8.8 | | | | | | SERVICE REVENUE | $ | 2,733,343 | | | 100.0 | % | | $ | 2,203,386 | | | 100.0 | % | | | | |
(1) Medicaid payor includes revenue for senior living operations and revenue related to state relief funding. (2) Private and other payors also includes revenue from senior living operations and all payors generated in other ancillary services.
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Schedule of Accounts Receivable |
Accounts receivable as of September 30, 2023 and December 31, 2022, is summarized in the following table: | | | | | | | | | | | | | | | | | | | September 30, 2023 | | December 31, 2022 | Medicaid | $ | 188,572 | | | $ | 157,878 | | Managed care | 118,756 | | | 95,940 | | Medicare | 75,717 | | | 76,526 | | Private and other payors | 98,500 | | | 85,890 | | | 481,545 | | | 416,234 | | Less: allowance for doubtful accounts | (9,422) | | | (7,802) | | ACCOUNTS RECEIVABLE, NET | $ | 472,123 | | | $ | 408,432 | |
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