v3.24.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue        
Total revenue $ 478,710 $ 348,173 $ 1,369,331 $ 1,033,625
Operating expenses        
Cost of services, excluding depreciation and amortization 405,218 275,375 1,148,422 857,648
General and administrative expenses 37,803 29,410 112,478 74,648
Depreciation and amortization 7,264 4,305 19,801 12,846
Total expenses 450,285 309,090 1,280,701 945,142
Income from operations 28,425 39,083 88,630 88,483
Other income (expense)        
Income (loss) from equity method investments 1,353 (2,104) 2,887 3,104
Interest expense (8,856) (3,779) (25,028) (10,680)
Interest income 3,778 3,281 11,287 9,617
Unrealized (loss) gain on investments (561) (342) 415 (5,875)
Other income 2,673 1,876 4,522 4,265
Total other (expense) income, net (1,613) (1,068) (5,917) 431
Income before provision for income taxes 26,812 38,015 82,713 88,914
Provision for income taxes 7,831 10,042 25,004 30,971
Net income 18,981 27,973 57,709 57,943
Net income attributable to non-controlling interest 2,887 5,914 7,609 9,582
Net income attributable to Astrana Health, Inc. $ 16,094 $ 22,059 $ 50,100 $ 48,361
Earnings per share – basic (in dollars per share) $ 0.34 $ 0.47 $ 1.05 $ 1.04
Earnings per share – diluted (in dollars per share) $ 0.33 $ 0.47 $ 1.04 $ 1.03
Capitation, net        
Revenue        
Total revenue $ 431,401 $ 305,678 $ 1,239,885 $ 906,430
Risk pool settlements and incentives        
Revenue        
Total revenue 21,779 15,022 57,564 48,605
Management fee income        
Revenue        
Total revenue 2,747 9,898 8,429 32,287
Fee-for-service, net        
Revenue        
Total revenue 18,692 15,892 54,588 41,216
Other revenue        
Revenue        
Total revenue $ 4,091 $ 1,683 $ 8,865 $ 5,087

Source

10-Q PDF
XBRL