CEO Commentary "With a center on providing care and worth, we had a powerful fourth quarter and total 12 months in 2023 as we establish a environment of well being around every single purchaser.
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Deposits less than any of these trade names are deposits with Green Dot Financial institution and so are aggregated for deposit insurance coverage protection up for the allowable limits.
In addition, intangible asset amortization expense usually fluctuates according to the size and timing of the Company's acquisition exercise. Accordingly, the organization believes excluding the amortization of intangible belongings improves the Company's and buyers' skill to check the business's past financial overall performance with its present overall performance and to investigate underlying business general performance and tendencies. Intangible asset amortization excluded in the related non-GAAP money measure represents the whole amount of money recorded in the corporation's GAAP money statements, and also the profits generated because of the associated intangible property has not been excluded from your associated non-GAAP economical measure. Intangible asset amortization is excluded within the linked non-GAAP fiscal measure as the amortization, compared with the linked revenue, is just not afflicted by operations of any distinct click here interval Except an intangible asset turns into impaired or maybe the believed helpful life of an intangible asset is revised.
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(ten) Wellness Expert services mail & specialty revenues relate to specialty mail claims inclusive of Specialty Connect® claims picked up at a retail pharmacy, and also mail buy and specialty claims fulfilled with the Pharmacy & Consumer Wellness segment.
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Well being Care Added benefits segment The Overall health Treatment Rewards phase offers a total array of insured and self-insured ("ASC") health-related, pharmacy, dental and behavioral wellness products and services. The segment outcomes for the three months and a long time ended December 31, 2023 and 2022 had been as follows:
(7) Times claims payable is calculated by dividing the Health Treatment Positive aspects segment's overall health care prices payable at the end of Each individual quarter by its common health treatment charges per day through these quarter.
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