Intangible Assets and Goodwill

3 Months Ended

Mar. 31, 2025

Intangible Assets and Goodwill

Intangible Assets and Goodwill

Note 5 – Intangible Assets and Goodwill

Intangible Assets. The following tables provide detail of the Company’s intangible assets (in thousands):


		Gross			Accumulated			Net Carrying			Weighted Average
March 31, 2025		Carrying Amount			Amortization			Amount			Useful Life (in years)
Amortizing intangible assets:
Member relationships		$	18,491		$	3,557		$	14,934			15
Trademarks			474			203			271			7
Total		$	18,965		$	3,760		$	15,205

December 31, 2024
Amortizing intangible assets:
Member relationships		$	18,491		$	3,248		$	15,243			15
Trademarks			474			187			287			7
Total		$	18,965		$	3,435		$	15,530

Member relationships and trademarks are associated with existing entities in the population health management division.

Amortization of intangible assets for the three months ended March 31, 2025 and 2024 totaled $0.3 million and $0.4 million, respectively.

Goodwill. The carrying amount of goodwill by operating segment is as follows (in thousands):


		Hospital Division			Population Health Management Division			Total
Balance as of March 31, 2025
Goodwill			1,139			415,251			416,390
Accumulated impairment losses			(1,139)			(401,332)			(402,471)
		$	-		$	13,919		$	13,919