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Goodwill and Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill and Related Adjustments

A summary of the goodwill and related adjustments is provided below:

 

 

 

Hospice

 

 

Personal Care

 

 

Home Health

 

 

Total

 

 

 

(Amounts in Thousands)

 

Goodwill as of December 31, 2022

 

$

397,728

 

 

$

152,688

 

 

$

32,421

 

 

$

582,837

 

Additions for acquisitions

 

 

 

 

 

599

 

 

 

 

 

 

599

 

Adjustments to previously recorded goodwill

 

 

 

 

 

 

 

 

220

 

 

 

220

 

Goodwill as of June 30, 2023

 

$

397,728

 

 

$

153,287

 

 

$

32,641

 

 

$

583,656

 

Schedule of Carrying Amount and Accumulated Amortization of Intangible Asset

The carrying amount and accumulated amortization of each identifiable intangible asset category consisted of the following as of June 30, 2023:

 

 

 

Customer
and referral
relationships

 

 

Trade
names and
trademarks

 

 

Non-
competition
agreements

 

 

State
Licenses

 

 

Total

 

 

 

(Amounts in Thousands)

 

Intangible assets with indefinite lives

 

 

 

 

 

 

 

 

 

 

 

27,108

 

 

 

27,108

 

Intangible assets subject to amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross carrying amount

 

 

44,672

 

 

 

52,046

 

 

 

6,785

 

 

 

12,670

 

 

 

116,174

 

Accumulated amortization

 

 

(38,840

)

 

 

(22,366

)

 

 

(5,193

)

 

 

(8,023

)

 

 

(74,423

)

Intangible assets subject to amortization, net

 

 

5,832

 

 

 

29,680

 

 

1,592

 

 

 

4,647

 

 

 

41,751

 

Total intangible assets at June 30, 2023

 

$

5,832

 

 

$

29,680

 

 

$

1,592

 

 

$

31,755

 

 

$

68,859