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Total Revenues
12 Months Ended
Dec. 31, 2022
Revenues [Abstract]  
TOTAL REVENUES

NOTE 4 TOTAL REVENUE

The Company’s total revenue is dependent on a series of contracts with third-party payors, which is typical for providers in the health care industry. The Company has determined that the nature, amount, timing and uncertainty of revenue and cash flows are affected by the payor mix with third-party payors which have different reimbursement rates.

The payor mix of fee-for-service revenue from patients and third-party payors consists of the following:

 

 

Successor

 

 

 

Predecessor

 

 

 

Year Ended
December 31, 2022

 

 

Year Ended
December 31, 2021

 

 

April 13 to
December 31, 2020

 

 

 

January 1 to
May 14, 2020

 

 

 

Amount

 

 

% of Total Revenue

 

 

Amount

 

 

% of Total Revenue

 

 

Amount

 

 

% of Total Revenue

 

 

 

Amount

 

 

% of Total Revenue

 

Commercial

 

$

776,343

 

 

 

91

%

 

$

601,850

 

 

 

90

%

 

$

236,649

 

 

 

89

%

 

 

$

98,146

 

 

 

88

%

Government

 

 

37,058

 

 

 

4

%

 

 

29,436

 

 

 

5

%

 

 

12,662

 

 

 

5

%

 

 

 

5,411

 

 

 

5

%

Self-pay

 

 

36,382

 

 

 

4

%

 

 

28,915

 

 

 

4

%

 

 

11,099

 

 

 

4

%

 

 

 

4,821

 

 

 

4

%

Total patient service
   revenue

 

 

849,783

 

 

 

99

%

 

 

660,201

 

 

 

99

%

 

 

260,410

 

 

 

98

%

 

 

 

108,378

 

 

 

97

%

Nonpatient service
   revenue

 

 

9,759

 

 

 

1

%

 

 

7,310

 

 

 

1

%

 

 

5,146

 

 

 

2

%

 

 

 

3,283

 

 

 

3

%

Total

 

$

859,542

 

 

 

100

%

 

$

667,511

 

 

 

100

%

 

$

265,556

 

 

 

100

%

 

 

$

111,661

 

 

 

100

%

Among the commercial payors, the table below represents insurance companies that individually represented 10% or more of revenue:

 

 

Successor

 

 

 

Predecessor

 

 

 

Year Ended
December 31, 2022

 

 

Year Ended
December 31, 2021

 

 

April 13 to
December 31, 2020

 

 

 

January 1 to
May 14, 2020

 

Top one payor

 

 

19

%

 

 

19

%

 

 

22

%

 

 

 

23

%

Top two payor

 

 

14

%

 

 

14

%

 

 

19

%

 

 

 

19

%

Top three payor

 

 

 

 

 

 

 

 

13

%

 

 

 

11

%