Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2021

Revenue from Contract with Customer [Abstract]

Summary of Revenue

The Company’s revenue from its revenue streams described in the preceding paragraphs for the three and six months ended June 30, 2021 and 2020 was as follows:

	Three Months Ended June 30,
(in thousands)	2021					2020
	Revenue $		Revenue %			Revenue $		Revenue %
Capitated revenue:
Medicare	$	334,700		85.1	%	$	129,385		75.6	%
Other capitated revenue		44,510		11.4	%		34,542		20.2	%
Total capitated revenue		379,210		96.5	%		163,927		95.8	%
Fee-for-service and other revenue:
Fee-for-service		4,389		1.1	%		1,246		0.7	%
Pharmacy		8,217		2.1	%		5,718		3.3	%
Other		1,347		0.3	%		315		0.2	%
Total fee-for-service and other revenue		13,953		3.5	%		7,279		4.2	%
Total revenue	$	393,163		100.0	%	$	171,206		100.0	%

	Six Months Ended June 30,
	2021					2020
(in thousands)	Revenue $		Revenue %			Revenue $		Revenue %
Capitated revenue:
Medicare	$	561,079		83.3	%	$	235,395		76.8	%
Other capitated revenue		85,182		12.7	%		56,248		18.4	%
Total capitated revenue		646,261		96.0	%		291,643		95.2	%
Fee-for-service and other revenue:
Fee-for-service		8,937		1.3	%		3,011		1.0	%
Pharmacy		15,523		2.3	%		11,054		3.6	%
Other		2,577		0.4	%		796		0.2	%
Total fee-for-service and other revenue		27,037		4.0	%		14,861		4.8	%
Total revenue	$	673,298		100.0	%	$	306,504		100.0	%

Summary of Account Receivable Balance

Accounts receivable balances are summarized below:

	As of,
(in thousands)	June 30, 2021			December 31, 2020
Accounts receivable	$	130,641		$	113,089
Medicare risk adjustment		82,030			18,144
Unpaid service provider costs		(80,840	)		(54,524	)
Accounts receivable, net	$	131,831		$	76,709

Summary of Activity in Unpaid Service Provider Cost For The Period

Activity in unpaid service provider cost for the six months ended June 30, 2021 and 2020 is summarized below:

	For the six months ended June 30,
(in thousands)	2021			2020
Balance as at January 1,	$	54,524		$	19,968
Incurred related to:
Current year		305,665			147,031
Prior years		(519	)		(5,429	)
	305,146			141,602
Paid related to:
Current year		224,825			79,331
Prior years		54,005			41,418
		278,830			120,749
Balance as at June 30,	$	80,840		$	40,821