Revenue and Accounts Receivable (Tables)

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Summary of Revenue

The Company’s revenue streams for the three and six months ended June 30, 2022 and 2021 were as follows:

	Three Months Ended June 30,
	2022				2021
(in thousands)	Revenue $		Revenue %		Revenue $		Revenue %
Capitated revenue
Medicare	$	602,613	87.4	%	$	284,974	82.8	%
Other capitated revenue	52,880		7.6	%	44,510		13.0	%
Total capitated revenue	655,493		95.0	%	329,484		95.8	%
Fee-for-service and other revenue
Fee-for-service	9,701		1.4	%	4,389		1.3	%
Pharmacy	12,759		1.9	%	8,217		2.4	%
Other	11,420		1.7	%	1,491		0.5	%
Total fee-for-service and other revenue	33,880		5.0	%	14,097		4.2	%
Total revenue	$	689,373	100.0	%	$	343,581	100.0	%

	Six Months Ended June 30,
	2022				2021
(in thousands)	Revenue $		Revenue %		Revenue $		Revenue %
Capitated revenue
Medicare	$	1,217,831	87.5	%	$	505,659	81.8	%
Other capitated revenue	112,013		8.0	%	85,182		13.8	%
Total capitated revenue	1,329,844		95.5	%	590,841		95.6	%
Fee-for-service and other revenue
Fee-for-service	19,671		1.4	%	8,937		1.4	%
Pharmacy	24,274		1.7	%	15,523		2.5	%
Other	19,726		1.4	%	2,882		0.5	%
Total fee-for-service and other revenue	63,671		4.5	%	27,342		4.4	%
Total revenue	$	1,393,515	100.0	%	$	618,183	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 June 30, 2022 and December 31, 2021.

	As of
(in thousands)	June 30, 2022		December 31, 2021
Accounts receivable	$	404,203	$	227,889
Medicare risk adjustment	74,220		21,072
Unpaid service provider costs	(277,433)		(115,528)
Accounts receivable, net	$	200,990	$	133,433

Schedules of Concentration of Risk

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

	Three Months Ended June 30,		Six Months Ended June 30,
	2022	2021	2022	2021
Revenues	64.7%	64.6%	64.9%	67.5%

	As of
	June 30, 2022	December 31, 2021
Accounts receivable	56.3%	43.3%