General form of registration statement for all companies including face-amount certificate companies

Significant Accounting Policies (Tables)

v3.23.1
Significant Accounting Policies (Tables)
3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Accounting Policies [Abstract]    
Summary of sources (by product type) from which the Company's revenues are derived

    

Three Months

Three Months

 

 Ended

 Ended

 

Revenue Type

    

 March 31, 2023

    

% of Total

    

 March 31, 2022

    

% of Total

 

 

(dollars in thousands)

Capitated revenue

$

298,704

 

98.9

%  

$

269,685

 

98.6

%

Other patient service revenue:

 

  

 

  

 

  

 

  

Clinic fees and insurance

 

1,480

 

0.5

%  

 

1,882

 

0.7

%

Care coordination / management fees

 

1,850

 

0.6

%  

 

1,921

 

0.7

%

Incentive fees

 

43

 

0.0

%  

 

56

 

0.0

%

Total other patient service revenue

 

3,373

 

1.1

%  

 

3,859

 

1.4

%

Total revenue

$

302,077

 

100.0

%  

$

273,544

 

100.0

%

Successor

Predecessor

Year Ended

December 3, 2021

January 1, 2021

December 31,

through December 31,

through December 2,

Revenue Type

    

2022

    

% of Total

    

2021

    

% of Total

  

  

2021

    

% of Total

  

Capitated revenue

$

1,034,800

99

%

$

57,224

97

%

$

567,735

98

%

Other patient service revenue:

Clinical fees & insurance revenue

 

6,158

0

%

751

 

2

%

4,318

 

1

%

Shared risk revenue

 

351

0

%

181

 

0

%

602

 

0

Care coordination / management fees

7,924

1

%

600

1

%

5,880

1

%

Incentive fees

 

238

0

%

6

 

0

%

67

 

0

%

Total other patient service revenue

 

14,671

1

%

1,538

 

3

%

10,867

 

2

%

Total revenue

$

1,049,471

100

%

$

58,762

 

100

%

$

578,602

 

100

%

Summary of estimated useful lives applicable to PP&E  

Classification

    

Depreciation Cycle

Leasehold improvements (cycle: lease term)

 

1 to 10 Years

Furniture and fixtures

 

7 Years

Computer equipment

 

3 Years

Medical equipment

 

7 Years

Software

 

3 Years

Summary of key inputs into the option pricing model

    

March 31, 2023

    

December 31, 2022

 

Volatility

 

73.0

%  

55.0

%

Risk-free interest rate

 

3.8

%  

4.1

%

Exercise price

$

11.50

$

11.50

Expected term

 

3.7

years

 

3.9

years