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Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Intangible Assets, Net

At September 30, 2025, intangible assets, net, consisted of the following (in thousands):

 

 

Useful
Life
(Years)

 

Gross
September 30,
2025

 

 

Accumulated
Amortization

 

 

Net
September 30,
2025

 

Indefinite lived assets:

 

 

 

 

 

 

 

 

 

 

 

Trademarks and licenses

 

N/A

 

$

5,950

 

 

$

 

 

$

5,950

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Network relationships

 

1021

 

 

225,717

 

 

 

(122,160

)

 

 

103,557

 

Member relationships

 

714

 

 

196,577

 

 

 

(38,640

)

 

 

157,937

 

Other(1)

 

320

 

 

40,310

 

 

 

(22,694

)

 

 

17,616

 

 

 

 

$

468,554

 

 

$

(183,494

)

 

$

285,060

 

(1)
Other consists of management contracts, a patient management platform, trade name/trademarks, and developed technology.

At December 31, 2024, intangible assets, net, consisted of the following (in thousands):

 

 

Useful
Life
(Years)

 

Gross
December 31,
2024

 

 

Accumulated
Amortization

 

 

Net
December 31,
2024

 

Indefinite lived assets:

 

 

 

 

 

 

 

 

 

 

 

Trademarks and licenses

 

N/A

 

$

4,050

 

 

$

 

 

$

4,050

 

Amortized intangible assets:

 

 

 

 

 

 

 

 

 

 

 

Network relationships

 

1021

 

 

171,917

 

 

 

(114,046

)

 

 

57,871

 

Member relationships

 

714

 

 

73,077

 

 

 

(22,406

)

 

 

50,671

 

Other(1)

 

520

 

 

26,010

 

 

 

(20,423

)

 

 

5,587

 

 

 

 

$

275,054

 

 

$

(156,875

)

 

$

118,179

 

(1)
Other consists of management contracts, a patient management platform, trade name/trademarks, and developed technology.
Schedule of Future Amortization Expense

Future amortization expense is estimated to be as follows for the years ending December 31 (in thousands):

 

 

 

Amount

 

2025 (excluding the nine months ended September 30, 2025)

 

$

14,093

 

2026

 

 

55,108

 

2027

 

 

44,125

 

2028

 

 

35,715

 

2029

 

 

28,621

 

Thereafter

 

 

101,448

 

 

 

 

 

Total

 

$

279,110