Annual report [Section 13 and 15(d), not S-K Item 405]

Intangible Assets

v3.25.1
Intangible Assets
12 Months Ended
Dec. 31, 2024
Intangible Assets [Abstract]  
Intangible Assets
Note 7: Intangible Assets
Intangible assets, net consisted of the following as of:
December 31,
2024 2023
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
Gross Carrying
Amount
Accumulated
Amortization
Net Carrying
Amount
(in thousands)
Indefinite lived intangible assets:
Medical licenses $ 700  $ —  $ 700  $ 700  $ —  $ 700 
Definite lived intangible assets:            
Customer relationships 671,819  (206,951) 464,868  684,000  (142,500) 541,500 
Trademarks 148,635  (46,427) 102,208  148,635  (31,671) 116,964 
Payor contracts 4,700  (1,410) 3,290  4,700  (940) 3,760 
Provider network 4,734  (1,450) 3,284  4,800  (991) 3,809 
Total $ 830,588  $ (256,238) $ 574,350  $ 842,835  $ (176,102) $ 666,733 
Amortization of intangible assets was $83.7 million and $84.3 million during the years ended December 31, 2024 and 2023, respectively