LEASES

9 Months Ended

Sep. 30, 2023

The Company leases offices, operating medical centers, vehicles and medical equipment. Leases consist of finance and operating leases, and have a remaining lease term of 1 year to 14 years. The Company elected the practical expedient, which allows the Company to exclude leases with a lease term less than 12 months from being recorded on the balance sheet. The Company adopted the practical expedient related to the combining of lease and non-lease components, which allows us to account for the lease and non-lease components as a single lease component.

Future minimum lease payments under operating and finance leases as of September 30, 2023 were as follows:


(in thousands)	Operating		Finance		Total
2023 - remaining	$	8,773	$	1,075	$	9,848
2024	33,760		4,204		37,964
2025	30,925		3,780		34,705
2026	28,070		3,187		31,257
2027	25,447		978		26,425
Thereafter	88,644		—		88,644
Total minimum lease payments	215,619		13,224		228,843
Less: amount representing interest	(52,588)		(2,436)		(55,024)
Lease liabilities	$	163,031	$	10,788	$	173,819

The Company recorded rent expense of $9.6 million and $28.9 million for the three and nine months ended September 30, 2023, respectively, and $8.7 million and $24.1 million for the three and nine months ended September 30, 2022, respectively.

LEASES

Future minimum lease payments under operating and finance leases as of September 30, 2023 were as follows:


(in thousands)	Operating		Finance		Total
2023 - remaining	$	8,773	$	1,075	$	9,848
2024	33,760		4,204		37,964
2025	30,925		3,780		34,705
2026	28,070		3,187		31,257
2027	25,447		978		26,425
Thereafter	88,644		—		88,644
Total minimum lease payments	215,619		13,224		228,843
Less: amount representing interest	(52,588)		(2,436)		(55,024)
Lease liabilities	$	163,031	$	10,788	$	173,819