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Variable Interest Entities
12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Variable Interest Entities Variable Interest Entities:
As of December 31, 2023 and December 31, 2022, we consolidated eight limited partnership-like entities that are VIEs and of which we are the primary beneficiary. Our ownership percentages in these entities range from 50.0% to 75.0% as of December 31, 2023. Through partnership and management agreements with or governing each of these entities, we manage all of these entities and handle all day-to-day operating decisions. Accordingly, we have the decision-making power over the activities that most significantly impact the economic performance of our VIEs and an obligation to absorb losses or receive benefits from the VIE that could potentially be significant to the VIE. These decisions and significant activities include, but are not limited to, marketing efforts, oversight of patient admissions, medical training, nurse and therapist scheduling, provision of healthcare services, billing, collections and creation and maintenance of medical records. The terms of the agreements governing each of our VIEs prohibit us from using the assets of each VIE to satisfy the obligations of other entities.
The carrying amounts and classifications of the consolidated VIEs’ assets and liabilities, which are included in our consolidated balance sheets, are as follows (in millions):
As of December 31,
20232022
Assets 
Current assets: 
Cash and cash equivalents$0.2 $0.2 
Accounts receivable
36.7 34.0 
Other current assets5.0 6.7 
Total current assets41.9 40.9 
Property and equipment, net128.8 129.0 
Operating lease right-of-use assets1.4 1.7 
Goodwill15.9 15.9 
Intangible assets, net1.2 1.5 
Other long-term assets18.5 18.8 
Total assets$207.7 $207.8 
Liabilities
Current liabilities:
Current portion of long-term debt$0.9 $0.8 
Current operating lease liabilities— 0.4 
Accounts payable7.6 7.0 
Accrued payroll9.4 8.2 
Other current liabilities9.3 15.7 
Total current liabilities27.2 32.1 
Long-term debt, net of current portion13.6 14.5 
Long-term operating lease liabilities1.4 1.3 
Total liabilities$42.2 $47.9