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Intangible Assets, Net | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets, Net | Intangible Assets, Net At December 31, 2023, intangible assets, net consisted of the following (in thousands):
| Useful Life (Years) |  | Gross January 1, 2023 |  | Additions |  | Impairment/ Disposal |  | Gross December 31, 2023 |  | Accumulated Amortization |  | Net December 31, 2023
Indefinite lived assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks | N/A |  | $ | 2,150 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,150 |  |  | $ | — |  |  | $ | 2,150 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Network relationships | 11-21 |  | 150,679 |  |  | — |  |  | — |  |  | 150,679 |  |  | (104,859) |  |  | 45,820 |
Management contracts | 15 |  | 22,832 |  |  | — |  |  | — |  |  | 22,832 |  |  | (16,662) |  |  | 6,170 |
Member relationships | 10-14 |  | 16,633 |  |  | 7,444 |  |  | — |  |  | 24,077 |  |  | (7,345) |  |  | 16,732 |
Patient management platform | 5 |  | 2,060 |  |  | — |  |  | — |  |  | 2,060 |  |  | (2,060) |  |  | — |
Tradename/trademarks | 20 |  | 1,011 |  |  | — |  |  | — |  |  | 1,011 |  |  | (308) |  |  | 703 |
Developed technology | 6 |  | 107 |  |  | — |  |  | — |  |  | 107 |  |  | (34) |  |  | 73 |
|  |  | $ | 195,472 |  |  | $ | 7,444 |  |  | $ | — |  |  | $ | 202,916 |  |  | $ | (131,268) |  |  | $ | 71,648 |
At December 31, 2022, intangible assets, net consisted of the following (in thousands):
| Useful Life (Years) |  | Gross January 1, 2022 |  | Additions |  | Impairment/ Disposal |  | Gross December 31, 2022 |  | Accumulated Amortization |  | Net December 31, 2022
Indefinite Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Trademarks | N/A |  | $ | 2,150 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,150 |  |  | $ | — |  |  | $ | 2,150 |
Amortized intangible assets: |  |  |  |  |  |  |  |  |  |  |  |  |
Network relationships | 11-21 |  | 150,679 |  |  | — |  |  | — |  |  | 150,679 |  |  | (95,451) |  |  | 55,228 |
Management contracts | 15 |  | 22,832 |  |  | — |  |  | — |  |  | 22,832 |  |  | (15,208) |  |  | 7,624 |
Member relationships | 12 |  | 8,997 |  |  | 7,636 |  |  | — |  |  | 16,633 |  |  | (5,619) |  |  | 11,014 |
Patient management platform | 5 |  | 2,060 |  |  | — |  |  | — |  |  | 2,060 |  |  | (2,060) |  |  | — |
Tradename/trademarks | 20 |  | 1,011 |  |  | — |  |  | — |  |  | 1,011 |  |  | (257) |  |  | 754 |
Developed technology | 6 |  | — |  |  | 107 |  |  | — |  |  | 107 |  |  | (16) |  |  | 91 |
|  |  | $ | 187,729 |  |  | $ | 7,743 |  |  | $ | — |  |  | $ | 195,472 |  |  | $ | (118,611) |  |  | $ | 76,861 |
As of December 31, 2023, network relationships, management contracts, member relationships, tradename/trademarks, and developed technology had weighted-average remaining useful lives of 9.4 years, 6.5 years, 11.1 years, 13.9 years, and 4.1 years respectively. Total weighted-average remaining useful lives for all amortized intangible assets as of December 31, 2023 was 9.6 years. Amortization expense was $12.7 million, $13.7 million and $15.4 million for the years ended December 31, 2023, 2022, and 2021, respectively, which is included in depreciation and amortization in the accompanying consolidated statements of income. There was no impairment loss recorded related to intangibles for the years ended December 31, 2023, 2022 and 2021. Future amortization expense is estimated to be as follows for the years ending December 31 (in thousands):
| Amount
2024 | $ | 12,818 |
2025 | 11,661 |
2026 | 10,232 |
2027 | 8,794 |
2028 | 7,603 |
Thereafter | 18,390 |
| $ | 69,498 |

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
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