XML 79 R68.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
DISCONTINUED OPERATIONS - Schedule of Statement of Income (Loss) (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating expenses:    
Net loss from discontinued operations $ (9,865) $ (115,543)
Discontinued Operations | California Medicare Advantage Business    
Revenue:    
Premium revenue   454,083
Service revenue   2,413
Investment income   20,929
Total revenue from discontinued operations   477,425
Operating expenses:    
Medical costs   474,739
Operating costs   105,866
Restructuring charges   7,956
Depreciation and amortization   4,407
Total operating expenses from discontinued operations   592,968
Operating loss from discontinued operations   (115,543)
Interest expense   0
Loss from discontinued operations before income taxes   (115,543)
Income tax expense (benefit)   0
Net loss from discontinued operations   (115,543)
Discontinued Operations | California Medicare Advantage Business | Bright HealthCare - Commercial    
Revenue:    
Premium revenue (215) 766
Service revenue   30
Investment income 1,568 20,891
Total revenue from discontinued operations 1,353 21,687
Operating expenses:    
Medical costs (3,759) 46,014
Operating costs 6,585 47,478
Restructuring charges (379) 7,956
Depreciation and amortization   0
Total operating expenses from discontinued operations 2,447 101,448
Operating loss from discontinued operations (1,094) (79,761)
Interest expense 8,765 0
Loss from discontinued operations before income taxes (9,859) (79,761)
Income tax expense (benefit) 6 0
Net loss from discontinued operations $ (9,865) (79,761)
Discontinued Operations | California Medicare Advantage Business | Bright HealthCare    
Revenue:    
Premium revenue   453,317
Service revenue   0
Investment income   38
Total revenue from discontinued operations   453,355
Operating expenses:    
Medical costs   428,725
Operating costs   56,339
Restructuring charges   0
Depreciation and amortization   4,407
Total operating expenses from discontinued operations   489,471
Operating loss from discontinued operations   (36,116)
Interest expense   0
Loss from discontinued operations before income taxes   (36,116)
Income tax expense (benefit)   0
Net loss from discontinued operations   (36,116)
Discontinued Operations | California Medicare Advantage Business | Other    
Revenue:    
Premium revenue   0
Service revenue   2,383
Investment income   0
Total revenue from discontinued operations   2,383
Operating expenses:    
Medical costs   0
Operating costs   2,049
Restructuring charges   0
Depreciation and amortization   0
Total operating expenses from discontinued operations   2,049
Operating loss from discontinued operations   334
Interest expense   0
Loss from discontinued operations before income taxes   334
Income tax expense (benefit)   0
Net loss from discontinued operations   $ 334