v3.24.0.1
Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets
Definite-lived intangible assets represent the estimated fair value of intangible assets acquired. Amortization is calculated using the straight-line method over the estimated useful lives of the intangible assets which are as follows:
Trade names20 years
Consumer customer relationships
10 - 24 years
Management Service Agreement
16 years
Physician network15 years
Payer contracts
17 - 22 years
MSO Service Agreement
21 years
A summary of the Company’s intangible assets is as follows:
December 31, 2023December 31, 2022
(Dollars in thousands)Intangible
Assets
Accumulated
Amortization
Intangible
Assets
Accumulated
Amortization
Trade names $4,600 $2,147 $4,600 $1,917 
Consumer customer relationships 3,100 2,566 3,100 2,291 
Management Service Agreement
2,200 1,134 2,200 997 
Physician network
7,446 362 1,520 127 
Payer contracts
52,427 2,184 2,750 164 
MSO Service Agreement
51,800 5,550 51,800 3,087 
121,573 $13,943 65,970 $8,583 
Less accumulated amortization (13,943)(8,583)
Intangible assets, net $107,630 $57,387 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Estimated amortization expense for the Company’s intangible assets for the following five years is as follows:
(Dollars in Thousands)
2024$6,023 
20255,857 
20265,857 
20275,857 
20285,857 
Thereafter78,179 
Total$107,630