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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 142,530 $ 188,200
Restricted cash and restricted investments 47,477 14,492
Accounts receivable, net [1] 345,276 254,684
Prepaid expenses and other current assets [1] 41,416 20,678
Total current assets 576,699 478,054
Restricted cash and restricted investments 17,592 12,466
Investments in equity method investees 4,254 4,475
Property and equipment, net 83,524 87,874
Right-of-use assets - operating 27,472 49,027
Prepaid expenses and other noncurrent assets [1] 3,163 2,378
Contract cost assets 14,648 17,461
Intangible assets, net 801,923 442,784
Goodwill 1,117,556 722,774
Total assets 2,646,831 1,817,293
Current liabilities:    
Accounts payable [1] 76,953 57,174
Accrued liabilities [1] 166,676 111,198
Operating lease liability - current 6,218 7,122
Accrued compensation and employee benefits 38,290 52,460
Deferred revenue 6,950 5,758
Reserve for claims and performance - based arrangements [1] 245,811 199,730
Total current liabilities 540,898 433,442
Long-term debt, net 633,013 412,986
Other long-term liabilities 4,273 4,744
Tax receivable agreement liability 112,134 45,950
Operating lease liabilities - noncurrent 56,576 56,010
Deferred tax liabilities, net 33,889 4,744
Total liabilities 1,380,783 957,876
Commitments and Contingencies (See Note 10)
Mezzanine Equity    
Preferred class A common stock - $0.01 par value; 50,000,000 shares authorized; 175,000 and 0 shares issued, respectively 172,829 0
Shareholders' Equity    
Class A common stock - $0.01 par value; 750,000,000 shares authorized; 113,082,503 and 101,500,558 shares issued, respectively 1,131 1,015
Additional paid-in-capital 1,774,784 1,486,857
Accumulated other comprehensive loss (1,114) (1,178)
Retained earnings (accumulated deficit) (660,459) (606,154)
Treasury stock, at cost; 1,537,582 shares issued, respectively (21,123) (21,123)
Total shareholders' equity 1,093,219 859,417
Total liabilities, mezzanine equity and shareholders' equity $ 2,646,831 $ 1,817,293
[1] See Note 18 for amounts attributable to related parties included in these line items.