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Intangible Assets
6 Months Ended
Jun. 30, 2011
Intangible Assets  
Intangible Assets

NOTE 4 – INTANGIBLE ASSETS

Intangible assets are comprised of our customer contracts, provider network, and NCQA accreditation. We use a straight-line method to amortize these assets over three years, which approximates their remaining lives. We also evaluate their fair values annually and whenever any impairment indicators such as contract termination arise.

The following table presents net intangible assets as of June 30, 2011 and December 31, 2010.

 

     June 30,
2011
    December 31,
2010
 
     (Amounts in thousands)  

Customer contracts

   $ 206      $ 402   

NCQA accreditation

     176        343   

Provider networks

     153        297   
  

 

 

   

 

 

 
     535        1,042   

Less: amortization

     (254     (507
  

 

 

   

 

 

 

Total intangible assets, net

   $ 281      $ 535