Schedule of Finite-Lived Intangible Assets |
A summary of the Company’s intangible assets is as follows: | | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | (Dollars in thousands) | Intangible Assets | | Accumulated Amortization | | Intangible Assets | | Accumulated Amortization | Trade names | $ | 4,600 | | | $ | 2,492 | | | $ | 4,600 | | | $ | 2,377 | | Consumer customer relationships | 3,100 | | | 2,771 | | | 3,100 | | | 2,758 | | Management service agreement | 2,200 | | | 1,341 | | | 2,200 | | | 1,272 | | Physician network | 16,052 | | | 1,423 | | | 10,902 | | | 916 | | Payer contracts | 116,563 | | | 6,898 | | | 57,313 | | | 4,768 | | MSO service agreement | 51,800 | | | 9,250 | | | 51,800 | | | 8,017 | | | 194,315 | | | $ | 24,175 | | | 129,915 | | | $ | 20,108 | | Less accumulated amortization | (24,175) | | | | | (20,108) | | | | Intangible assets, net | $ | 170,140 | | | | | $ | 109,807 | | | |
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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) | Remainder of 2025 | $ | 4,794 | | 2026 | 9,588 | | 2027 | 9,588 | | 2028 | 9,588 | | 2029 | 9,588 | | Thereafter | 126,994 | | Total | $ | 170,140 | |
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