Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2025

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net

At March 31, 2025, intangible assets, net, consisted of the following (in thousands):

	Useful Life (Years)	Gross March 31, 2025		Accumulated Amortization			Net March 31, 2025
Indefinite lived assets:
Trademarks	N/A	$	2,150	$	—		$	2,150
Licenses	N/A		1,900		—			1,900
Amortized intangible assets:
Network relationships	10-21		171,917		(116,499	)		55,418
Management contracts	15		22,832		(18,259	)		4,573
Member relationships	7-14		73,077		(25,893	)		47,184
Patient management platform	5		2,060		(2,060	)		—
Tradename/trademarks	20		1,011		(371	)		640
Developed technology	6		107		(56	)		51
		$	275,054	$	(163,138	)	$	111,916

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

	Useful Life (Years)	Gross December 31, 2024		Accumulated Amortization			Net December 31, 2024
Indefinite lived assets:
Trademarks	N/A	$	2,150	$	—		$	2,150
Licenses	N/A		1,900		—			1,900
Amortized intangible assets:
Network relationships	10-21		171,917		(114,046	)		57,871
Management contracts	15		22,832		(17,953	)		4,879
Member relationships	7-14		73,077		(22,406	)		50,671
Patient management platform	5		2,060		(2,060	)		—
Tradename/trademarks	20		1,011		(358	)		653
Developed technology	6		107		(52	)		55
		$	275,054	$	(156,875	)	$	118,179

Schedule of Future Amortization Expense

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

	Amount
2025 (excluding the three months ended March 31, 2025)	$	18,395
2026		20,295
2027		16,808
2028		14,077
2029		11,397
Thereafter		26,894
Total	$	107,866