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Other Assets, net
6 Months Ended
Jun. 30, 2022
Other Assets [Abstract]  
Other Assets, net

NOTE 5. Other Assets, net

The following table summarizes the Company’s other assets, net (in thousands):

 

 

 

June 30,
2022

 

 

December 31,
2021

 

Loans to physician partners

 

$

74,519

 

 

$

76,821

 

Indemnification assets

 

 

2,130

 

 

 

2,107

 

Health plan deposits

 

 

11,728

 

 

 

11,523

 

Equity method investments(1)

 

 

13,402

 

 

 

6,690

 

Right-of-use assets

 

 

13,758

 

 

 

11,739

 

Other

 

 

3,723

 

 

 

4,078

 

 

 

$

119,260

 

 

$

112,958

 

 

(1)
See Note 14 for additional discussion related to the Company's equity method investments.

 

Loans to Physician Partners

The Company provided loans to its physician partners in connection with taxes payable on shares distributed to them in connection with the initial public offering ("IPO"). These loans mature between 2026 and 2031 with nominal interest compounding annually and no prepayment penalties. Such loans are stated at the amount expected to be collected.

 

Indemnification Assets

Indemnification assets have been established to offset certain pre-closing liabilities for which the prior owners of some of the Company’s California subsidiaries are obligated to indemnify the Company. The Company deems the amounts receivable under the indemnification agreements to be fully collectible should indemnification claims arise, and, as such, a valuation allowance is not deemed necessary.