Revenue Recognition (Tables)
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12 Months Ended |
Dec. 31, 2020 |
Revenue Recognition |
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Schedule of disaggregation of revenues by payer types |
| | | | | | | | | | | | Year Ended December 31, | | | 2020 | | 2019 | | 2018 | | | | (in thousands) | Insurance carriers | | $ | 300,220 | | $ | 210,919 | | $ | 193,895 | Laboratory partners | | | 58,196 | | | 59,876 | | | 44,062 | Patients | | | 32,589 | | | 31,533 | | | 19,697 | Total revenues | | $ | 391,005 | | $ | 302,328 | | $ | 257,654 |
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Schedule of total revenue by geographic area |
| | | | | | | | | | | | Year ended December 31, | | | 2020 | | 2019 | | 2018 | | | | (in thousands) | United States | | $ | 365,660 | | $ | 260,846 | | $ | 225,931 | Americas, excluding U.S. | | | 3,469 | | | 3,218 | | | 3,472 | Europe, Middle East, India, Africa | | | 14,332 | | | 15,434 | | | 20,866 | Asia Pacific and Other | | | 7,544 | | | 22,830 | | | 7,385 | Total | | $ | 391,005 | | $ | 302,328 | | $ | 257,654 |
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Schedule of beginning and ending balances of accounts receivable and deferred revenues |
| | | | | | | | | Balance at | | Balance at | | | December 31, | | December 31, | | | 2020 | | 2019 | | | | (in thousands) | Assets: | | | | | | | Accounts receivable | | $ | 78,565 | | $ | 53,351 | Liabilities: | | | | | | | Deferred revenue, current portion | | $ | 50,125 | | $ | 56,016 | Deferred revenue, long-term portion | | | 22,805 | | | 23,808 | Total deferred revenues | | $ | 72,930 | | $ | 79,824 |
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Schedule of changes in the balance of deferred revenues |
| | | | | | Deferred | | | Revenues | | | (in thousands) | Balance at December 31, 2019 | | $ | 79,824 | Increase in deferred revenues | | | 2,397 | Reclasses from deferred revenues to other to short-term liabilities | | | (799) | Revenue recognized during the period that was included in deferred revenues at the beginning of the period | | | (7,246) | Revenue recognized from performance obligations satisfied within the same period | | | (1,246) | Balance at December 31, 2020 | | $ | 72,930 |
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Schedule of insurance carrier reserve balance |
| | | | | | | | | December 31, | | December 31, | | | 2020 | | 2019 | | | | (in thousands) | Beginning balance | | $ | 9,410 | | $ | 10,012 | Additional reserves | | | 19,427 | | | 9,560 | Refunds to carriers | | | (6,066) | | | (7,752) | Reserves released to revenue | | | (5,405) | | | (2,410) | Ending balance | | $ | 17,366 | | $ | 9,410 |
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