Company: PIII
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001832511-25-000025
Chunk: 149

Company: P3 Health Partners Inc.
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 8
Chunk 149
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 long-lived assets (including intangibles), fair value of liability classified instruments, and judgments related to deferred income taxes. The Company bases its estimates on the best information available at the time, its experiences, and various other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates. Significant Accounting PoliciesA description of the Company’s significant accounting policies is included in the audited consolidated financial statements within its Annual Report on Form 10-K for the year ended December 31, 2024. No changes to significant accounting policies have occurred since December 31, 2024.

Revenue RecognitionThe Company categorizes revenue based on various factors, such as the nature of contracts, as follows:Revenue TypeThree Months Ended September 30, 2025% of Total Three Months Ended September 30, 2024% of Total (dollars in thousands)Capitated revenue$341,555 98.9 %$357,706 98.8 %Other patient service revenue:Clinical fees & insurance revenue872 0.3 1,536 0.4 Care coordination / management fees2,750 0.8 2,770 0.8 Incentive fees76 0.0 112 0.0 Total other patient service revenue3,698 1.1 4,418 1.2 Total revenue$345,253 100.0 %$362,124 100.0 %Revenue TypeNine Months Ended September 30, 2025% of TotalNine Months Ended September 30, 2024% of Total(dollars in thousands)Capitated revenue$1,062,796 98.9 %$1,116,146 98.8 %Other patient service revenue:Clinical fees & insurance revenue2,672 0.2 4,588 0.4 Care coordination / management fees8,112 0.8 8,763 0.8 Incentive fees686 0.1 272 0.0 Total other patient service revenue11,470 1.1 13,623 1.2 Total revenue$1,074,266 100.0 %$1,129,769 100.0 %During each of the three months ended September 30, 2025 and 2024, five and five health plan customers, respectively, each accounted for 10% or more