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REVENUE AND ACCOUNTS RECEIVABLE (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Revenue
The Company’s revenue streams for the three years ended December 31, 2023, 2022, and 2021 respectively, were as follows:


Years Ended December 31,
202320222021
(in thousands)Revenue $Revenue %Revenue $Revenue %Revenue $Revenue %
Capitated revenue
Medicare$2,867,275 91.3 %$2,392,445 87.4 %$1,334,308 82.9 %
Other capitated revenue187,137 6.0 %214,471 7.8 %194,812 12.1 %
Total capitated revenue3,054,412 97.3 %2,606,916 95.2 %1,529,120 95.0 %
Fee-for-service and other revenue
Fee-for-service27,704 0.9 %43,171 1.6 %25,383 1.6 %
Pharmacy54,034 1.7 %50,096 1.8 %36,306 2.3 %
Other1,607 0.1 %38,733 1.4 %18,560 1.1 %
Total fee-for-service and other revenue83,345 2.7 %132,000 4.8 %80,249 5.0 %
Total revenue$3,137,757 100.0 %$2,738,916 100.0 %$1,609,369 100.0 %
Schedule of Account Receivable Balance
The Company's accounts receivable balances are summarized for the periods indicated below. The Company’s accounts receivable are presented net of the unpaid service provider costs. A right of offset exists when all of the following conditions are met: 1) each of the two parties owed the other determinable amounts; 2) the reporting party has the right to offset the amount owed with the amount owed to the other party; 3) the reporting party intends to offset; and 4) the right of offset is enforceable by law. The Company believes all of the aforementioned conditions existed as of December 31, 2023 and December 31, 2022.

As of
(in thousands)December 31, 2023December 31, 2022
Accounts receivable$316,391 $388,122 
Medicare risk adjustment17,091 49,586 
Unpaid service provider costs(257,681)(203,892)
Accounts receivable, net$75,801 $233,816 
Schedule of Concentration of Risk
Years Ended December 31,
202320222021
Revenues70.6%63.7%59.9%





Those same three payors represented, in aggregate, the following percentages of accounts receivable as of December 31, 2023 and December 31, 2022, respectively.
As of
December 31, 2023December 31, 2022
Accounts receivable, net75.9%56.3%