| Summary of total cash balances |
|
|
|
|
|
|
|
|
|
Successor |
|
|
March 31, 2022 |
|
December 31, 2021 |
Checking |
|
$ |
110,345,801 |
|
$ |
140,477,586 |
Restricted |
|
|
356,242 |
|
|
356,286 |
Total Cash Balances |
|
$ |
110,702,043 |
|
$ |
140,833,872 |
|
|
|
|
|
|
Predecessor |
|
|
March 31, 2021 |
Unrestricted |
|
$ |
22,341,413 |
Restricted |
|
|
3,687,918 |
Total Cash Balances |
|
$ |
26,029,331 |
|
| Summary of health plans from which the Company has a concentration of revenue that is 10.0%, or more |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
|
|
|
|
|
|
|
|
|
Three Months |
|
|
|
|
|
Three Months |
|
|
|
|
|
Ended |
|
|
|
|
|
Ended |
|
|
|
|
|
March 31, 2021 |
|
|
|
Revenue Type |
|
March 31, 2022 |
|
% of Total |
|
|
|
(As Restated) |
|
% of Total |
|
Capitated Revenue |
|
$ |
269,684,815 |
|
98.6 |
% |
|
$ |
148,964,190 |
|
98.5 |
% |
Other Patient Service Revenue: |
|
|
|
|
|
|
|
|
|
|
|
|
Clinical Fees & Insurance Revenue |
|
|
1,882,254 |
|
0.7 |
% |
|
|
821,762 |
|
0.5 |
% |
Care Coordination / Management Fees |
|
|
1,921,105 |
|
0.7 |
% |
|
|
1,503,353 |
|
1.0 |
% |
Incentive Fees |
|
|
56,160 |
|
0.0 |
% |
|
|
8,635 |
|
0.0 |
% |
Total Other Patient Service Revenue |
|
|
3,859,519 |
|
1.4 |
% |
|
|
2,333,750 |
|
1.5 |
% |
Total Revenue |
|
$ |
273,544,334 |
|
100.0 |
% |
|
$ |
151,297,940 |
|
100.0 |
% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
|
|
Three Months |
|
|
|
|
Three Months |
|
|
|
|
|
Ended |
|
|
|
|
Ended |
|
|
|
Plan Name |
|
March 31, 2022 |
|
% of Total |
|
|
March 31, 2021 |
|
% of Total |
|
Health Plan C |
|
$ |
55,321,176 |
|
20.2 |
% |
|
$ |
19,280,237 |
|
12.7 |
% |
Health Plan B |
|
|
48,019,382 |
|
17.6 |
% |
|
|
33,952,002 |
|
22.5 |
% |
Health Plan A |
|
|
45,238,065 |
|
16.5 |
% |
|
|
43,254,924 |
|
28.6 |
% |
Health Plan D |
|
|
36,862,961 |
|
13.5 |
% |
|
|
27,694,259 |
|
18.3 |
% |
All Other |
|
|
88,102,750 |
|
32.2 |
% |
|
|
27,116,518 |
|
17.9 |
% |
Total Revenue |
|
$ |
273,544,334 |
|
100.0 |
% |
|
$ |
151,297,940 |
|
100.0 |
% |
|
| Summary of settlement receivables (health plan surpluses) and settlement payables (health plan deficits), by health plan, by year |
|
|
|
|
|
|
|
|
|
Health Plan Receivables |
|
|
Successor |
|
|
March 31, 2022 |
|
December 31, 2021 |
Health Plan A |
|
$ |
11,959,398 |
|
$ |
4,695,712 |
Health Plan B |
|
|
25,363,650 |
|
|
15,473,828 |
Health Plan C |
|
|
21,171,875 |
|
|
1,380,752 |
Health Plan D |
|
|
5,403,444 |
|
|
6,651,586 |
Health Plan E |
|
|
1,925,609 |
|
|
2,439,046 |
Health Plan F |
|
|
2,481,449 |
|
|
2,925,751 |
Health Plan G |
|
|
4,810 |
|
|
239,375 |
Health Plan H |
|
|
5,393,408 |
|
|
2,185,619 |
Health Plan I |
|
|
1,195,066 |
|
|
1,134,750 |
Health Plan J |
|
|
(76,957) |
|
|
149,915 |
Health Plan K |
|
|
3,458,907 |
|
|
2,705,147 |
Health Plan L |
|
|
1,086,891 |
|
|
899,560 |
Health Plan M |
|
|
3,079,579 |
|
|
1,747,116 |
Health Plan N |
|
|
1,380,499 |
|
|
974,092 |
Health Plan O |
|
|
2,799,215 |
|
|
666,291 |
Health Plan P |
|
|
343,015 |
|
|
106,162 |
Health Plan Q |
|
|
209,930 |
|
|
61,990 |
Health Plan R |
|
|
4,008,617 |
|
|
3,578,682 |
Health Plan S |
|
|
289,045 |
|
|
— |
Health Plan T |
|
|
2,606,401 |
|
|
2,175,324 |
Health Plan U |
|
|
503,851 |
|
|
60,306 |
Total Health Plan Receivables |
|
$ |
94,587,702 |
|
$ |
50,251,004 |
|
|
|
|
|
|
|
|
|
Health Plan Settlement Payables |
|
|
Successor |
|
|
March 31, 2022 |
|
December 31, 2021 |
Health Plan A |
|
$ |
109,084 |
|
$ |
— |
Health Plan B |
|
|
11,700,274 |
|
|
11,700,274 |
Health Plan D |
|
|
— |
|
|
3,882,250 |
Health Plan F |
|
|
5,847,814 |
|
|
6,085,425 |
Health Plan G |
|
|
835,623 |
|
|
776,164 |
Health Plan I |
|
|
(166,562) |
|
|
(215,626) |
Health Plan O |
|
|
(910) |
|
|
(39,151) |
Health Plan U |
|
|
226,209 |
|
|
226,209 |
Health Plan V |
|
|
88,481 |
|
|
133,149 |
Total Health Plan Settlement Payables |
|
$ |
18,640,013 |
|
$ |
22,548,694 |
|