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Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net

At December 31, 2024, intangible assets, net consisted of the following (in thousands):

 

Useful
Life
(Years)

 

Gross
January 1, 2024

 

 

Additions

 

 

Impairment/
Disposal

 

 

Gross
December 31, 2024

 

 

Accumulated
Amortization

 

 

Net
December 31, 2024

 

Indefinite lived assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

N/A

 

$

2,150

 

 

$

 

 

$

 

 

$

2,150

 

 

$

 

 

$

2,150

 

Licenses

N/A

 

 

 

 

 

1,900

 

 

 

 

 

 

1,900

 

 

 

 

 

 

1,900

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Network relationships

10-21

 

 

150,679

 

 

 

21,238

 

 

 

 

 

 

171,917

 

 

 

(114,046

)

 

 

57,871

 

Management contracts

15

 

 

22,832

 

 

 

 

 

 

 

 

 

22,832

 

 

 

(17,953

)

 

 

4,879

 

Member relationships

7-14

 

 

24,077

 

 

 

49,000

 

 

 

 

 

 

73,077

 

 

 

(22,406

)

 

 

50,671

 

Patient management platform

5

 

 

2,060

 

 

 

 

 

 

 

 

 

2,060

 

 

 

(2,060

)

 

 

 

Tradename/trademarks

20

 

 

1,011

 

 

 

 

 

 

 

 

 

1,011

 

 

 

(358

)

 

 

653

 

Developed technology

6

 

 

107

 

 

 

 

 

 

 

 

 

107

 

 

 

(52

)

 

 

55

 

 

 

$

202,916

 

 

$

72,138

 

 

$

 

 

$

275,054

 

 

$

(156,875

)

 

$

118,179

 

 

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

 

Useful
Life
(Years)

 

Gross
January 1, 2023

 

 

Additions

 

 

Impairment/
Disposal

 

 

Gross
December 31, 2023

 

 

Accumulated
Amortization

 

 

Net
December 31, 2023

 

Indefinite Lived Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Trademarks

N/A

 

$

2,150

 

 

$

 

 

$

 

 

$

2,150

 

 

$

 

 

$

2,150

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Network relationships

11-21

 

 

150,679

 

 

 

 

 

 

 

 

 

150,679

 

 

 

(104,859

)

 

 

45,820

 

Management contracts

15

 

 

22,832

 

 

 

 

 

 

 

 

 

22,832

 

 

 

(16,662

)

 

 

6,170

 

Member relationships

10-14

 

 

16,633

 

 

 

7,444

 

 

 

 

 

 

24,077

 

 

 

(7,345

)

 

 

16,732

 

Patient management platform

5

 

 

2,060

 

 

 

 

 

 

 

 

 

2,060

 

 

 

(2,060

)

 

 

 

Tradename/trademarks

20

 

 

1,011

 

 

 

 

 

 

 

 

 

1,011

 

 

 

(308

)

 

 

703

 

Developed technology

6

 

 

107

 

 

 

 

 

 

 

 

 

107

 

 

 

(34

)

 

 

73

 

 

 

$

195,472

 

 

$

7,444

 

 

$

 

 

$

202,916

 

 

$

(131,268

)

 

$

71,648

 

Schedule of Future Amortization Expense

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

 

Amount

 

2025

$

24,658

 

2026

 

20,295

 

2027

 

16,808

 

2028

 

14,077

 

2029

 

11,397

 

Thereafter

 

26,894

 

$

114,129