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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue        
Total revenue $ 486,265 $ 348,209 $ 890,621 $ 685,453
Operating expenses        
Cost of services, excluding depreciation and amortization 412,805 292,876 743,204 582,273
General and administrative expenses 35,953 24,056 74,675 45,236
Depreciation and amortization 7,441 4,248 12,537 8,541
Total expenses 456,199 321,180 830,416 636,050
Income from operations 30,066 27,029 60,205 49,403
Other income (expense)        
Income from equity method investments 902 2,723 1,534 5,207
Interest expense (8,587) (3,632) (16,172) (6,901)
Interest income 3,513 3,327 7,509 6,335
Unrealized (loss) gain on investments (123) 859 976 (5,533)
Other income 6,126 1,185 1,849 2,389
Total other income (expenses), net 1,831 4,462 (4,304) 1,497
Income before provision for income taxes 31,897 31,491 55,901 50,900
Provision for income taxes 10,031 14,009 17,173 20,930
Net income 21,866 17,482 38,728 29,970
Net income attributable to non-controlling interest 2,695 4,312 4,722 3,668
Net income attributable to Astrana Health, Inc. $ 19,171 $ 13,170 $ 34,006 $ 26,302
Earnings per share – basic (in dollars per share) $ 0.4 $ 0.28 $ 0.72 $ 0.57
Earnings per share – diluted (in dollars per share) $ 0.4 $ 0.28 $ 0.71 $ 0.56
Capitation, net        
Revenue        
Total revenue $ 442,574 $ 300,549 $ 808,484 $ 600,753
Risk pool settlements and incentives        
Revenue        
Total revenue 18,408 20,121 35,785 33,583
Management fee income        
Revenue        
Total revenue 1,604 12,493 5,682 22,389
Fee-for-service, net        
Revenue        
Total revenue 19,959 13,262 35,896 25,324
Other revenue        
Revenue        
Total revenue $ 3,720 $ 1,784 $ 4,774 $ 3,404

Source

10-Q PDF
XBRL