Quarterly report [Sections 13 or 15(d)]

Intangible Assets

v3.26.3
Intangible Assets
9 Months Ended
Sep. 30, 2026
Intangible Assets [Abstract]  
Intangible Assets
Note 6: Intangible Assets
Intangible assets, net consisted of the following:
September 30, 2026 December 31, 2025
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 672,639  (323,373) 349,266  671,819  (273,361) 398,458 
Trademarks 148,635  (71,958) 76,677  148,635  (61,005) 87,630 
Payor contracts 4,700  (2,233) 2,467  4,700  (1,880) 2,820 
Provider network 5,064  (2,353) 2,711  4,734  (1,919) 2,815 
Total $ 831,738  $ (399,917) $ 431,821  $ 830,588  $ (338,165) $ 492,423 
Amortization of intangible assets was $20.6 million and $20.5 million during the three months ended September 30, 2026 and 2025, respectively and $61.8 million and $61.4 million during the nine months ended September 30, 2026 and 2025, respectively.