Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets, Net (Tables)

v3.21.2
Intangible Assets, Net (Tables)
6 Months Ended
Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net
At June 30, 2021, the Company’s intangible assets, net, consisted of the following (in thousands):
Useful
Life
(Years)
Gross June 30,
2021
Accumulated
Amortization
Net June 30,
2021
Amortized intangible assets:
Network relationships
11-15
$ 143,930  $ (79,057) $ 64,873 
Management contracts
15 22,832  (12,693) 10,139 
Member relationships
12 7,396  (3,595) 3,801 
Patient management platform
5 2,060  (1,476) 584 
Trade names/trademarks 20 1,011  (181) 830 
$ 177,229  $ (97,002) $ 80,227 
At December 31, 2020, the Company’s intangible assets, net, consisted of the following (in thousands):
Useful
Life
(Years)
Gross December 31,
2020
Accumulated
Amortization
Net December 31, 2020
Amortized intangible assets:
Network relationships
11-15
$ 143,930  $ (73,169) $ 70,761 
Management contracts
15 22,832  (11,715) 11,117 
Member relationships
12 6,696  (3,234) 3,462 
Patient management platform
5 2,060  (1,270) 790 
Trade names/trademarks 20 1,011  (156) 855 
$ 176,529  $ (89,544) $ 86,985 
Schedule of Future Amortization Expense
Future amortization expense is estimated to be as follows for the following years ending December 31 (in thousands):
Amount
2021 (excluding the six months ended June 30, 2021) $ 7,533 
2022 12,906 
2023 10,842 
2024 9,830 
2025 8,758 
Thereafter 30,358 
Total $ 80,227