Quarterly report [Sections 13 or 15(d)]

Related Parties (Tables)

v3.26.1
Related Parties (Tables)
3 Months Ended
Mar. 31, 2026
Related Party Transactions [Abstract]  
Schedule of Related Party Transactions The following tables summarize the Company’s transactions with Atrio:
Three Months Ended March 31,
2026 2025
(in thousands)
Capitated revenue $ 97,321  $ 54,471 
Other revenue $ 1,692  $ 891 
Medical expense(1)
$ 77,554  $ 76,578 
Interest expense(2)
$ 737  $ 458 
(1) Medical expense for the three months ended March 31, 2026 included a $13.5 million reduction for relief of prior period medical claims expense.
(2) Interest expense accrues on claims in transit, where Atrio has paid claims on behalf of the Company and has not been reimbursed. Interest accrues at the daily Secured Overnight Financing Rate published by Federal Reserve Bank.
March 31, 2026 December 31, 2025
(in thousands)
Health plan receivable $ 30,483  $ 12,693 
Accrued expenses and other current liabilities
$ 3,468  $ 2,731 
Health plan settlements payable $ 2,208  $ 2,409 
Claims payable
$ 176,527  $ 178,141