Goodwill And Intangibles, Net (Tables)

6 Months Ended

Jun. 30, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Total Intangible, Net

As of June 30, 2021, the Company’s total intangibles, net consisted of the following:

(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangibles:
Trade names	$	1,409	$	(708	)	$	701
Brand		141,073		(3,618	)		137,455
Non-compete		54,061		(4,791	)		49,270
Customer relationships		880		(159	)		721
Payor relationships		412,958		(17,773	)		395,185
Provider relationships		6,988		(820	)		6,168
Total intangibles, net	$	617,369	$	(27,869	)	$	589,500

As of December 31, 2020, the Company’s total intangibles, net consisted of the following:

(in thousands)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangibles:
Trade names	$	1,409	$	(630	)	$	779
Brand		29,486		(2,171	)		27,315
Non-compete		7,733		(3,373	)		4,360
Customer relationships		880		(135	)		745
Payor relationships		201,530		(11,960	)		189,570
Provider relationships		4,119		(533	)		3,586
Total intangibles, net	$	245,157	$	(18,802	)	$	226,355

Summary of Expected Amortization Expense of The Intangible Assets

Expected amortization expense for the Company’s existing amortizable intangibles for the next five years, and thereafter, as of June 30, 2021 is as follows:

Year ending December 31,	Amount (in thousands)
Remainder of 2021	$	21,085
2022		41,278
2023		39,504
2024		38,305
2025		37,900
Thereafter		411,428
Total	$	589,500