Intangible Assets, Net (Tables)

3 Months Ended

Mar. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets, Net

At March 31, 2024, the Company’s intangible assets, net, consisted of the following (in thousands):

	Useful Life (Years)	Gross March 31, 2024		Accumulated Amortization		Net March 31, 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	155,978		(107,137)		48,841
Management contracts	15	22,832		(17,002)		5,830
Member relationships	7-14	69,381		(9,154)		60,227
Patient management platform	5	2,060		(2,060)		—
Tradename/trademarks	20	1,011		(320)		691
Developed technology	6	107		(39)		68
		$	255,419	$	(135,712)	$	119,707

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 three months ended March 31, 2024)	$	20,144
2025	22,373
2026	18,178
2027	14,746
2028	12,085
Thereafter	28,131
Total	$	115,657