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GOODWILL AND INTANGIBLE ASSETS | 9 Months Ended
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Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
GOODWILL AND INTANGIBLE ASSETS | (7) GOODWILL AND INTANGIBLE ASSETS Goodwill Goodwill consisted of the following (in thousands):
| Supply Chain Services |  | Performance Services |  | Total
June 30, 2022 | $ | 388,502 |  |  | $ | 611,411 |  |  | $ | 999,913 |
Acquisition of businesses and assets | — |  |  | 69,160 |  |  | 69,160 |
March 31, 2023 | $ | 388,502 |  |  | $ | 680,571 |  |  | $ | 1,069,073 |
Goodwill increased primarily due to the TRPN acquisition (see Note 3 - Business Acquisitions). The initial purchase price allocation for the TRPN acquisition is preliminary and subject to change in the valuation of the assets acquired and the liabilities assumed. Intangible Assets, Net Intangible assets, net consisted of the following (in thousands):
| Useful Life |  | March 31, 2023 |  | June 30, 2022
Member relationships | 14.7 years |  | $ | 386,100 |  |  | $ | 386,100 |
Provider network | 15.0 years |  | 106,500 |  |  | — |
Technology | 7.1 years |  | 99,317 |  |  | 98,017 |
Customer relationships | 9.4 years |  | 57,930 |  |  | 47,830 |
Non-compete agreements | 5.2 years |  | 17,715 |  |  | 17,315 |
Trade names | 6.7 years |  | 18,920 |  |  | 17,210 |
Other (a) | 9.3 years |  | 9,233 |  |  | 7,682 |
Total intangible assets |  |  | 695,715 |  |  | 574,154 |
Accumulated amortization |  |  | (252,997) |  |  | (217,582) |
Total intangible assets, net |  |  | $ | 442,718 |  |  | $ | 356,572 |
_________________________________ (a)Includes a $1.0 million indefinite-lived asset. The net carrying value of intangible assets by segment was as follows (in thousands):
| March 31, 2023 |  | June 30, 2022
Supply Chain Services | $ | 277,641 |  |  | $ | 301,611 |
Performance Services (a) | 165,077 |  |  | 54,961 |
Total intangible assets, net | $ | 442,718 |  |  | $ | 356,572 |
_________________________________ (a)Includes a $1.0 million indefinite-lived asset. Total intangible assets increased primarily due to the TRPN acquisition (see Note 3 - Business Acquisitions). As part of the TRPN acquisition, the total fair value assigned to intangible assets acquired was $116.6 million, consisting primarily of the provider network of $106.5 million. The weighted average useful life of the acquired intangible assets is 14.1 years, with the provider network having a useful life of 15.0 years. Intangible asset amortization was $11.9 million and $11.2 million for the three months ended March 31, 2023 and 2022, respectively, and $35.4 million and $32.9 million for the nine months ended March 31, 2023 and 2022, respectively. The estimated amortization expense for each of the next five fiscal years and thereafter is as follows (in thousands):
2023 (a) | $ | 12,688 |
2024 | 49,761 |
2025 | 48,136 |
2026 | 46,892 |
2027 | 44,240 |
Thereafter | 240,001 |
Total amortization expense | $ | 441,718 |
(a)As of March 31, 2023, estimated amortization expense is for the period from April 1, 2023 to June 30, 2023.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI https://asc.fasb.org/topic&trid=2144416 + Details
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