Payor Relationships and Other Intangibles, Net (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Total Intangible, Net

As of December 31, 2021, the Company’s total intangibles, net consisted of the following:

(in thousands)	Weighted-Average Amortization Period		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangibles:
Trade names		9.00 years	$	1,409	$	(787	)	$	622
Brand		19.26 years		183,238		(9,037	)		174,201
Non-compete		4.92 years		75,794		(12,110	)		63,684
Customer relationships		18.24 years		880		(184	)		696
Payor relationships		20.00 years		609,362		(32,714	)		576,648
Provider relationships		5.12 years		12,242		(2,472	)		9,770
Total intangibles, net			$	882,925	$	(57,304	)	$	825,621

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

(in thousands)	Weighted-Average Amortization Period		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Intangibles:
Trade names		9.00 years	$	1,409	$	(630	)	$	779
Brand		18.26 years		29,486		(2,171	)		27,315
Non-compete		4.61 years		7,733		(3,373	)		4,360
Customer relationships		18.55 years		880		(135	)		745
Payor relationships		20.00 years		201,530		(11,960	)		189,570
Provider relationships		10.00 years		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 December 31, 2021 is as follows:

Years ended December 31,	Amount (in thousands)
2022	$	59,445
2023		57,607
2024		55,666
2025		54,240
2026		47,060
Thereafter		551,603
Total	$	825,621