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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
Aug. 10, 2020
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Total revenues $ 577.7 $ 545.7 $ 523.7 $ 513.8 $ 394.1 $ 388.7 $ 353.1 $ 296.7     $ 2,160.9 $ 1,432.6 $ 882.8
Operating expenses:                          
Medical claims expense                     1,645.0 1,109.0 617.8
Cost of care, excluding depreciation and amortization (Humana comprised $10.5 and $5.6 for the year ended December 31, 2021 and 2020, respectively)                     437.8 293.7 187.5
Sales and marketing 43.8 44.1 42.6 33.8 38.9 30.5 25.9 24.1     164.3 119.4 64.2
Corporate, general and administrative 79.5 81.7 94.9 88.7 82.4 77.0 74.2 73.1     344.8 306.7 185.6
Depreciation and amortization                     35.2 17.8 11.2
Total operating expenses                     2,627.1 1,846.6 1,066.3
Loss from operations (132.2) (130.2) (112.7) (91.1) (141.5) (109.4) (99.3) (63.8)     (466.2) (414.0) (183.5)
Other (expense)/income:                          
Interest expense, net (1.4) 0.0 (0.5) (0.6) (0.7) (0.6) (1.0) (0.2)     (2.5) (2.5) (8.7)
Other (0.5) (0.2) (35.1) (5.0) 0.0 0.0 0.0 0.0     (40.8) 0.0 0.1
Total other (expense) (1.9) (0.2) (35.6) (5.6) (0.7) (0.6) (1.0) (0.2)     (43.3) (2.5) (8.6)
Loss before income taxes and non-controlling interests (134.1) (130.4) (148.3) (96.7) (142.2) (110.0) (100.3) (64.0)     (509.5) (416.5) (192.1)
Provision (benefit) for income taxes 0.2 0.0 0.0 0.0 (1.9) 0.0 0.0 0.0     0.2 (1.9) 0.0
Net loss (134.3) (130.4) (148.3) (96.7) (140.3) (110.0) (100.3) (64.0)     (509.7) (414.6) (192.1)
Net loss attributable to non-controlling interests (1.4) 0.3 0.8 (0.2) (1.7) (0.6) (2.3) (0.6)     (0.5) (5.2) (4.1)
Net loss attributable to Oak Street Health, Inc. $ (132.9) $ (130.7) $ (149.1) $ (96.5) $ (138.6) $ (109.4) $ (98.0) $ (63.4)     (509.2) (409.4) (188.0)
Undeclared and deemed dividends                   $ (27.2) 0.0 0.0 (27.2)
Net loss attributable to common stock/unitholders                 $ (120.5)   $ (509.2) $ (409.4) $ (215.2)
Weighted average common stock outstanding - basic (in shares) [1]                     230,132,551 222,553,237 218,825,324
Weighted average common stock outstanding - diluted (in shares) [1]                     230,132,551 222,553,237 218,825,324
Net loss per share – basic (in dollars per share) $ (0.56) $ (0.56) $ (0.66) $ (0.43) $ (0.62) $ (0.49) $ (0.44) $ (0.29)     $ (2.21) $ (1.84) $ (0.55)
Net loss per share – diluted (in dollars per share) $ (0.56) $ (0.56) $ (0.66) $ (0.43) $ (0.62) $ (0.49) $ (0.44) $ (0.29)     $ (2.21) $ (1.84) $ (0.55)
Capitated Revenue                          
Total revenues $ 565.8 $ 537.9 $ 516.1 $ 506.1 $ 382.4 $ 376.7 $ 346.7 $ 291.2     $ 2,125.9 $ 1,397.0 $ 851.3
Other revenue                          
Total revenues $ 11.9 $ 7.8 $ 7.6 $ 7.7 $ 11.7 $ 12.0 $ 6.4 $ 5.5     $ 35.0 $ 35.6 $ 31.5
[1] Basic and diluted earnings per share of common stock is applicable only for periods after the Company's IPO that was completed on August 10, 2020.