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Significant Payors (Tables)
12 Months Ended
Dec. 31, 2022
Significant Payors [Abstract]  
Schedule of Revenue by Payor Type

For 2022, 2021 and 2020, the Company’s revenue by payor type was as follows:

 

 

 

Personal Care

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

2020

 

 

 

 

Amount
(in Thousands)

 

 

% of
Segment
Net
Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of
Segment
Net
Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of
Segment
Net
Service
Revenues

 

 

State, local and other governmental programs

 

$

348,234

 

 

 

49.3

 

%

 

$

338,325

 

 

 

49.3

 

%

 

$

324,670

 

 

 

50.2

 

%

Managed care organizations

 

 

326,778

 

 

 

46.3

 

 

 

 

311,801

 

 

 

45.5

 

 

 

 

287,032

 

 

 

44.3

 

 

Private pay

 

 

18,301

 

 

 

2.6

 

 

 

 

19,991

 

 

 

2.9

 

 

 

 

20,398

 

 

 

3.2

 

 

Commercial insurance

 

 

7,689

 

 

 

1.1

 

 

 

 

9,820

 

 

 

1.4

 

 

 

 

9,991

 

 

 

1.5

 

 

Other

 

 

5,505

 

 

 

0.7

 

 

 

 

5,917

 

 

 

0.9

 

 

 

 

5,142

 

 

 

0.8

 

 

Total personal care segment net service revenues

 

$

706,507

 

 

 

100.0

 

%

 

$

685,854

 

 

 

100.0

 

%

 

$

647,233

 

 

 

100.0

 

%

 

 

 

Hospice

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

2020

 

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

Medicare

 

$

183,407

 

 

 

90.9

 

%

 

$

142,086

 

 

 

93.3

 

%

 

$

94,068

 

 

 

92.9

 

%

Managed care organizations

 

 

7,353

 

 

 

3.6

 

 

 

 

5,664

 

 

 

3.7

 

 

 

 

4,931

 

 

 

4.9

 

 

Other

 

 

11,012

 

 

 

5.5

 

 

 

 

4,503

 

 

 

3.0

 

 

 

 

2,298

 

 

 

2.2

 

 

Total hospice segment net service revenues

 

$

201,772

 

 

 

100.0

 

%

 

$

152,253

 

 

 

100.0

 

%

 

$

101,297

 

 

 

100.0

 

%

 

 

 

Home Health

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

2020

 

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

Medicare

 

$

31,505

 

 

 

73.5

 

%

 

$

20,700

 

 

 

78.4

 

%

 

$

12,765

 

 

 

78.6

 

%

Managed care organizations

 

 

8,698

 

 

 

20.3

 

 

 

 

4,457

 

 

 

16.9

 

 

 

 

3,188

 

 

 

19.6

 

 

Other

 

 

2,638

 

 

 

6.2

 

 

 

 

1,235

 

 

 

4.7

 

 

 

 

292

 

 

 

1.8

 

 

Total home health segment net service revenues

 

$

42,841

 

 

 

100.0

 

%

 

$

26,392

 

 

 

100.0

 

%

 

$

16,245

 

 

 

100.0

 

%

Schedule of Revenue by Geographic Location

The Company derives a significant amount of its revenue from its operations in Illinois, New Mexico and New York. The percentages of segment revenue for each of these significant states for 2022, 2021 and 2020 were as follows:

 

 

 

Personal Care

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

2020

 

 

 

 

Amount
(in Thousands)

 

 

% of
Segment
Net
Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of
Segment
Net
Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of
Segment
Net
Service
Revenues

 

 

Illinois

 

$

360,778

 

 

 

51.1

 

%

 

$

328,619

 

 

 

47.9

 

%

 

$

288,326

 

 

 

44.6

 

%

New York

 

 

86,592

 

 

 

12.3

 

 

 

 

99,732

 

 

 

14.5

 

 

 

 

115,510

 

 

 

17.8

 

 

New Mexico

 

 

105,315

 

 

 

14.9

 

 

 

 

97,784

 

 

 

14.3

 

 

 

 

86,618

 

 

 

13.4

 

 

All other states

 

 

153,822

 

 

 

21.7

 

 

 

 

159,719

 

 

 

23.3

 

 

 

 

156,779

 

 

 

24.2

 

 

Total personal care segment net service revenues

 

$

706,507

 

 

 

100.0

 

%

 

$

685,854

 

 

 

100.0

 

%

 

$

647,233

 

 

 

100.0

 

%

 

 

 

Hospice

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

2020

 

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

Ohio

 

$

70,503

 

 

 

35.0

 

%

 

$

61,415

 

 

 

40.3

 

%

 

$

 

 

 

 

%

New Mexico

 

 

30,722

 

 

 

15.2

 

 

 

 

36,063

 

 

 

23.7

 

 

 

 

42,648

 

 

 

42.1

 

 

Illinois

 

 

47,181

 

 

 

23.4

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

All other states

 

 

53,366

 

 

 

26.4

 

 

 

 

54,775

 

 

 

36.0

 

 

 

 

58,649

 

 

 

57.9

 

 

Total hospice segment net service revenues

 

$

201,772

 

 

 

100.0

 

%

 

$

152,253

 

 

 

100.0

 

%

 

$

101,297

 

 

 

100.0

 

%

 

With the acquisition of Queen City Hospice in late 2020, the Company expanded its hospice services in the state of Ohio, and with the JourneyCare acquisition in 2022, the Company also expanded its hospice services in the state of Illinois.

 

 

 

Home Health

 

 

 

 

For the Years Ended December 31,

 

 

 

 

2022

 

 

 

2021

 

 

 

2020

 

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

 

Amount
(in Thousands)

 

 

% of Segment
Net Service
Revenues

 

 

New Mexico

 

$

34,111

 

 

 

79.6

 

%

 

$

24,735

 

 

 

93.7

 

%

 

$

16,245

 

 

 

100.0

 

%

Illinois

 

 

8,730

 

 

 

20.4

 

 

 

 

1,657

 

 

 

6.3

 

 

 

 

 

 

 

 

 

Total home health segment net service revenues

 

$

42,841

 

 

 

100.0

 

%

 

$

26,392

 

 

 

100.0

 

%

 

$

16,245

 

 

 

100.0

 

%