SEGMENT INFORMATION (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Operating Income of Reportable Segments

Segment assets are not reviewed by the company’s chief operating decision maker and therefore are not disclosed below (amounts in millions).


	For the Three-Month Period Ended June 30, 2024
	Home Health		Hospice		Personal Care(1)		High Acuity Care		Other(2)		Total
Net service revenue	$	377.4	$	204.0	$	—	$	9.8	$	—	$	591.2
Cost of service, inclusive of depreciation	216.0		104.6		—		6.4		—		327.0
General and administrative expenses	92.4		48.7		—		5.4		61.1		207.6
Depreciation and amortization	1.9		0.8		—		0.8		0.9		4.4
Operating expenses	310.3		154.1		—		12.6		62.0		539.0
Operating income (loss)	$	67.1	$	49.9	$	—	$	(2.8)	$	(62.0)	$	52.2

	For the Three-Month Period Ended June 30, 2023
	Home Health		Hospice		Personal Care(1)		High Acuity Care		Other(2)		Total
Net service revenue	$	349.8	$	199.2	$	—	$	4.0	$	—	$	553.0
Cost of service, inclusive of depreciation	194.5		98.8		—		4.2		—		297.5
General and administrative expenses	90.2		47.9		—		5.3		69.6		213.0
Depreciation and amortization	1.2		0.7		—		0.8		2.0		4.7
Operating expenses	285.9		147.4		—		10.3		71.6		515.2
Operating income (loss)	$	63.9	$	51.8	$	—	$	(6.3)	$	(71.6)	$	37.8

	For the Six-Month Period Ended June 30, 2024
	Home Health		Hospice		Personal Care(1)		High Acuity Care		Other(2)		Total
Net service revenue	$	741.4	$	405.0	$	—	$	16.2	$	—	$	1,162.6
Cost of service, inclusive of depreciation	426.4		209.9		—		12.2		—		648.5
General and administrative expenses	183.4		96.8		—		11.3		130.1		421.6
Depreciation and amortization	3.7		1.5		—		1.7		1.8		8.7
Operating expenses	613.5		308.2		—		25.2		131.9		1,078.8
Operating income (loss)	$	127.9	$	96.8	$	—	$	(9.0)	$	(131.9)	$	83.8

	For the Six-Month Period Ended June 30, 2023
	Home Health		Hospice		Personal Care(1)		High Acuity Care		Other(2)		Total
Net service revenue	$	693.1	$	392.6	$	15.0	$	8.7	$	—	$	1,109.4
Cost of service, inclusive of depreciation	391.5		200.2		11.1		9.7		—		612.5
General and administrative expenses	179.3		95.8		2.3		9.7		120.4		407.5
Depreciation and amortization	2.3		1.3		—		1.6		4.0		9.2
Operating expenses	573.1		297.3		13.4		21.0		124.4		1,029.2
Operating income (loss)	$	120.0	$	95.3	$	1.6	$	(12.3)	$	(124.4)	$	80.2

(1) We divested our personal care business on March 31, 2023.

(2) General and administrative expenses for our corporate support function includes $11.9 million and $32.6 million in merger-related expenses for the three and six-month periods ended June 30, 2024, respectively, and $19.5 million and $20.2 million in merger-related expenses for the three and six-month periods ended June 30, 2023, respectively.