Acquisitions

3 Months Ended

Mar. 31, 2022

Acquisitions [Abstract]

Acquisitions

16.    Acquisitions

On January 28, 2022 VITAS purchased the hospice assets of Broward Health Hospital System for $1.3 million in cash. On February 1, 2022, Roto-Rooter completed the acquisition of a franchise and the related assets in Linden, NJ for $400,000 in cash.

Goodwill is assessed for impairment on a yearly basis as of October 1. All goodwill recognized is deductible for tax purposes.

Shown below is movement in Goodwill (in thousands):

	VITAS		Roto-Rooter		Total
Balance at December 31, 2021	$	333,331	$	245,260	$	578,591
Business combinations		732		336		1,068
Foreign currency adjustments		-		45		45
Balance at March 31, 2022	$	334,063	$	245,641	$	579,704