Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net

At June 30, 2024, the Company’s intangible assets, net, consisted of the following (in thousands):

	Useful Life (Years)	Gross June 30, 2024		Accumulated Amortization			Net June 30, 2024
Indefinite lived assets:
Trademarks	N/A	$	2,150	$	—		$	2,150
Licenses	N/A		1,900		—			1,900
Amortized intangible assets:
Network relationships	11-21		156,779		(109,380	)		47,399
Management contracts	15		22,832		(17,341	)		5,491
Member relationships	7-14		71,977		(13,428	)		58,549
Patient management platform	5		2,060		(2,060	)		—
Tradename/trademarks	20		1,011		(333	)		678
Developed technology	6		107		(43	)		64
		$	258,816	$	(142,585	)	$	116,231

At December 31, 2023, the Company’s intangible assets, net, consisted of the following (in thousands):

	Useful Life (Years)	Gross December 31, 2023		Accumulated Amortization			Net December 31, 2023
Indefinite lived assets:
Trademarks	N/A	$	2,150	$	—		$	2,150
Amortized intangible assets:
Network relationships	11-21		150,679		(104,859	)		45,820
Management contracts	15		22,832		(16,662	)		6,170
Member relationships	10-14		24,077		(7,345	)		16,732
Patient management platform	5		2,060		(2,060	)		—
Tradename/trademarks	20		1,011		(308	)		703
Developed technology	6		107		(34	)		73
		$	202,916	$	(131,268	)	$	71,648

Schedule of Future Amortization Expense

Future amortization expense is estimated to be as follows for the following years ending December 31 (in thousands):

	Amount
2024 (excluding the six months ended June 30, 2024)	$	13,452
2025		22,948
2026		18,710
2027		15,220
2028		12,497
Thereafter		29,354
Total	$	112,181