| Schedule of Disaggregated Revenue From Contracts With Customers By Contract |
The following table summarizes disaggregated revenue from contracts with customers by contract type for the three and nine months ended September 30, 2025 and 2024 (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | Three months ended September 30, | | Nine months ended September 30, | | 2025 | | 2024 | | 2025 | | 2024 | | NEMT capitated contracts | $ | 343,865 | | | $ | 389,110 | | | $ | 989,136 | | | $ | 1,199,506 | | | NEMT FFS contracts | 147,807 | | | 103,143 | | | 424,878 | | | 262,730 | | | Total NEMT service revenue, net | $ | 491,672 | | | $ | 492,253 | | | $ | 1,414,014 | | | $ | 1,462,236 | | | | | | | | | | | PCS FFS contracts | 168,737 | | | 188,518 | | | 517,412 | | | 558,696 | | Monitoring PMPM contracts | 17,046 | | | 19,448 | | | 52,653 | | | 58,575 | | | Other service revenue | 2,252 | | | 1,818 | | | 5,835 | | | 5,280 | | | Total service revenue, net | $ | 679,707 | | | $ | 702,037 | | | $ | 1,989,914 | | | $ | 2,084,787 | |
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| Schedule of Contract with Customer, Asset and Liability |
The following table provides information about other revenue related accounts included on the accompanying unaudited condensed consolidated balance sheets (in thousands): | | | | | | | | | | | | | September 30, 2025 | | December 31, 2024 | Accrued contract payables(1) | $ | 27,601 | | | $ | 22,639 | | Contract receivables(2) | $ | 122,454 | | | $ | 117,795 | | | | | | | Deferred revenue, current | $ | 381 | | | $ | 300 | |
(1) Accrued contract payables primarily represent overpayments and liability reserves on certain risk corridor, profit rebate and reconciliation contracts. See the contract payables and receivables activity below.
(2) Contract receivables primarily represent underpayments and receivables on certain risk corridor, profit rebate, and reconciliation contracts. See the contract payables and receivables activity below. The following table provides the summary activity of total contract payables and receivables as reported within the unaudited condensed consolidated balance sheets (in thousands):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2024 | | Additional Amounts Recorded | | Amounts Paid or Settled | | March 31, 2025 | | Reconciliation contract payables | | $ | 3,419 | | | $ | 2,247 | | | $ | (77) | | | $ | 5,589 | | | Profit rebate/corridor contract payables | | 12,595 | | | 5,838 | | | (4,611) | | | 13,822 | | | Overpayments and other cash items | | 6,625 | | | 2,918 | | | (2,100) | | | 7,443 | | | Total contract payables | | $ | 22,639 | | | $ | 11,003 | | | $ | (6,788) | | | $ | 26,854 | | | | | | | | | | | | Reconciliation contract receivables | | $ | 33,749 | | | $ | 16,911 | | | $ | (9,512) | | | $ | 41,148 | | | Corridor contract receivables | | 84,046 | | | 25,769 | | | (15,615) | | | 94,200 | | Total contract receivables(1) | | $ | 117,795 | | | $ | 42,680 | | | $ | (25,127) | | | $ | 135,348 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2025 | | Additional Amounts Recorded | | Amounts Paid or Settled | | June 30, 2025 | | Reconciliation contract payables | | $ | 5,589 | | | $ | 812 | | | $ | (49) | | | $ | 6,352 | | | Profit rebate/corridor contract payables | | 13,822 | | | (1,593) | | | (4,285) | | | 7,944 | | | Overpayments and other cash items | | 7,443 | | | 2,737 | | | (2,947) | | | 7,233 | | | Total contract payables | | $ | 26,854 | | | $ | 1,956 | | | $ | (7,281) | | | $ | 21,529 | | | | | | | | | | | | Reconciliation contract receivables | | $ | 41,148 | | | $ | 3,959 | | | $ | (6,430) | | | $ | 38,677 | | | Corridor contract receivables | | 94,200 | | | 31,100 | | | (48,356) | | | 76,944 | | Total contract receivables(1) | | $ | 135,348 | | | $ | 35,059 | | | $ | (54,786) | | | $ | 115,621 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | Additional Amounts Recorded | | Amounts Paid or Settled | | September 30, 2025 | | Reconciliation contract payables | | $ | 6,352 | | | $ | 1,865 | | | $ | (51) | | | $ | 8,166 | | | Profit rebate/corridor contract payables | | 7,944 | | | 2,577 | | | — | | | 10,521 | | | Overpayments and other cash items | | 7,233 | | | 2,722 | | | (1,041) | | | 8,914 | | | Total contract payables | | $ | 21,529 | | | $ | 7,164 | | | $ | (1,092) | | | $ | 27,601 | | | | | | | | | | | | Reconciliation contract receivables | | $ | 38,677 | | | $ | 15,075 | | | $ | (12,308) | | | $ | 41,444 | | | Corridor contract receivables | | 76,944 | | | 20,265 | | | (16,199) | | | 81,010 | | Total contract receivables(1) | | $ | 115,621 | | | $ | 35,340 | | | $ | (28,507) | | | $ | 122,454 | |
(1) Total contract receivables is comprised of the current and long-term contract receivables balances, which are broken out separately on the unaudited condensed consolidated balance sheets. Long-term contract receivables primarily represent future receivable balances on certain risk corridor, profit rebate and reconciliation contracts that are expected to be received in greater than 12 months.
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