v3.26.1
Business Combinations (Tables)
 6 Months Ended
Jun. 30, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Preliminary Fair Value of Assets Acquired and Liabilities Assumed and Information Regarding Net Cash Paid for Acquisition
The preliminary fair value of the assets acquired and liabilities assumed at the acquisition date are as follows (in thousands):
Accounts receivable
$880 
Identifiable intangible assets:
Payer contract and physician network intangibles9,081 
Goodwill5,947 
Deferred tax liability(2,328)
Provider liability(880)
Total acquired net assets$12,700 
Information regarding the net cash paid for the acquisition is as follows (in thousands):
Fair value of assets acquired$9,961 
Goodwill5,947 
Deferred tax liability(2,328)
Provider liability(880)
Contingent consideration payable(1,270)
Net cash paid for acquisition
$11,430 
The fair value of the assets acquired and liabilities assumed at the acquisition date are as follows (in thousands):
Cash$5,942 
Accounts receivable6,319 
Identifiable intangible assets:
Payer contract and physician network intangibles64,400 
Goodwill43,838 
Deferred tax liability(13,238)
Provider liability(12,261)
Total acquired net assets$95,000 
Information regarding the net cash paid for the acquisition is as follows (in thousands):
Fair value of assets acquired, net of $5.9 million of cash acquired
$70,719 
Provider liability(12,261)
Deferred tax liability(13,238)
Goodwill43,838 
Net cash paid for acquisition$89,058 
Summary of Proforma Information
PMG AZ contributed revenue of $17.7 million from the date of acquisition through June 30, 2025. The following table summarizes the unaudited pro forma total revenues of the combined entity:
For the Three Months Ended June 30,For the Six Months Ended June 30,
(Dollars in Thousands)20252025
Pro forma combined entity total revenue$521,153 $1,019,580