Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2019

The following table summarizes the changes in the carrying amount of goodwill, by reportable segment, for the periods presented (in thousands):



	Services			True Health			Consolidated
Balance as of December 31, 2017	$	628,186		$	—		$	628,186
Goodwill acquired ⁽¹⁾	134,343			5,826			$	140,169
Measurement period adjustments ⁽²⁾	4			(121		)	(117		)
Foreign currency translation ⁽³⁾	(114		)	—			$	(114	)
Balance as of December 31, 2018	762,419			5,705			768,124
Goodwill acquired	3,416			—			3,416
Measurement period adjustments ⁽²⁾	351			—			351
Impairment	(199,800		)	—			(199,800		)
Foreign currency translation ⁽³⁾	(27		)	—			(27		)
Balance as of December 31, 2019	$	566,359		$	5,705		$	572,064

⁽¹⁾ Goodwill acquired primarily as a result of the New Century Health and True Health transactions, as discussed in Note 4.

⁽²⁾ Measurement period adjustments related to transactions completed in 2018.

⁽³⁾ Foreign currency translation related to a transaction completed during 2018.

The following summarizes the estimated useful lives by asset classification:

Details of our intangible assets (in thousands) are presented below:



	As of December 31, 2019							As of December 31, 2018
	Weighted- Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value		Weighted- Average Remaining Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Value
Corporate trade name	14.2	$	23,300	$	4,891	$	18,409	15.2	$	23,300	$	3,511	$	19,789
Customer relationships	16.8	291,519		44,750		246,769		18.1	281,219		29,184		252,035
Technology	2.0	82,922		49,760		33,162		3.0	82,922		31,764		51,158
Below market lease, net	2.2	2,048		1,334		714		4.0	4,097		3,003		1,094
Provider network contracts	3.7	12,725		3,320		9,405		4.6	11,900		940		10,960
Total intangible assets, net		$	412,514	$	104,055	$	308,459		$	403,438	$	68,402	$	335,036

Future estimated amortization of intangible assets (in thousands) as of December 31, 2019, is as follows:



2020	$	33,451
2021	29,316
2022	25,434
2023	22,670
2024	17,111
Thereafter	180,477
Total future amortization of intangible assets	$	308,459