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Business Acquisitions
 3 Months Ended
Mar. 31, 2016
Business Combinations [Abstract]  
Business Acquisitions
5. Business Acquisitions:

During the three months ended March 31, 2016, the Company completed the acquisition of four physician group practices including two anesthesiology practices, one neonatology practice and one other pediatric subspecialty practice for total consideration of $56.8 million, consisting of $53.3 million in cash and $3.5 million of contingent consideration. These acquisitions expanded the Company’s national network of physician practices. In connection with these acquisitions, the Company recorded goodwill of $35.0 million, other intangible assets consisting primarily of physician and hospital agreements of $28.6 million and other liabilities of $6.8 million.

The contingent consideration of $3.5 million recorded during the three months ended March 31, 2016 is related to an agreement to pay an additional cash amount based on the achievement of certain performance measures for up to five years after the acquisition date. The accrued contingent consideration was recorded as a liability at acquisition-date fair value using the income approach with assumed discount rates ranging from 4.5% to 5.3% over the applicable terms and an assumed payment probability of 100% over the applicable years. The range of the undiscounted amount the Company could pay under the contingent consideration agreement is between $0 and $4.1 million.

In addition, during the three months ended March 31, 2016, the Company paid $0.5 million for contingent consideration related to certain prior-period acquisitions, of which all but the accretion recorded during 2016 was accrued as of December 31, 2015.

In connection with certain prior-period acquisitions, the Company also made additional cash payments of $6.2 million, recorded an increase in deferred tax assets of $19.9 million and recorded a net decrease of $13.7 million in goodwill for measurement-period adjustments resulting from the finalization of certain income tax acquisition accounting. The Company expects that $20.8 million of the goodwill recorded during the three months ended March 31, 2016 will be deductible for tax purposes.