Revenue and Accounts Receivable (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Summary of Revenue

The Company’s revenue streams for the three months ended March 31, 2022 and 2021 were as follows:

	2022				2021
(in thousands)	Revenue $		Revenue %		Revenue $		Revenue %
Capitated revenue
Medicare	$	615,217	87.3	%	$	220,178	80.2	%
Other capitated revenue	59,134		8.4	%	41,179		15.0	%
Total capitated revenue	674,351		95.7	%	261,357		95.2	%
Fee-for-service and other revenue
Fee-for-service	9,970		1.4	%	4,548		1.7	%
Pharmacy	11,515		1.6	%	7,306		2.7	%
Other	8,501		1.3	%	1,391		0.4	%
Total fee-for-service and other revenue	29,986		4.3	%	13,245		4.8	%
Total revenue	$	704,337	100.0	%	$	274,602	100.0	%

Summary 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 March 31, 2022 and December 31, 2021.

	As of
(in thousands)	March 31, 2022		December 31, 2021
Accounts receivable	$	280,461	$	227,889
Medicare risk adjustment	68,592		21,072
Unpaid service provider costs	(157,329)		(115,528)
Accounts receivable, net	$	191,724	$	133,433

Schedules of Concentration of Risk

Contracts with three of the payors accounted for the following amounts:

	For the three months ended March 31,
	2022	2021
Revenues	65.1%	73.0%

	As of
	March 31, 2022	December 31, 2021
Accounts receivable	48.8%	43.3%