Goodwill and Other Intangible Assets

12 Months Ended

Dec. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets:

The following table shows changes in the carrying amount of Goodwill for the years ended December 31, 2015, 2014, and 2013 (in millions):



	Amount
Goodwill as of December 31, 2012	$	437.3
Acquisition	13.7
Conversion of 100% owned hospital into a joint venture	6.2
Divestiture of skilled nursing facility beds	(0.3		)
Goodwill as of December 31, 2013	456.9
Acquisitions	593.1
Consolidation of joint venture formerly accounted for under the equity method of accounting	34.0
Goodwill as of December 31, 2014	1,084.0
Acquisitions	806.1
Goodwill as of December 31, 2015	$	1,890.1

Goodwill increased in 2013 as a result of our acquisition of Walton Rehabilitation Hospital and conversion of our 100% owned hospital in Jonesboro, Arkansas into a joint venture with St. Bernards Healthcare offset by the divestiture of 41 skilled nursing facility beds. Goodwill increased in 2014 as a result of our consolidation of Fairlawn and the remeasurement of our previously held equity interest at fair value and our acquisitions of Encompass and Quillen. Goodwill increased in 2015 as a result of our acquisitions of Reliant, CareSouth, and other inpatient and home health and hospice operations. See Note 2, Business Combinations and Note 11, Redeemable Noncontrolling Interests.

We performed impairment reviews as of October 1, 2015, 2014, and 2013 and concluded no Goodwill impairment existed. As of December 31, 2015, we had no accumulated impairment losses related to Goodwill.

The following table provides information regarding our other intangible assets (in millions):



	Gross Carrying Amount		Accumulated Amortization			Net
Certificates of need:
2015	$	93.9	$	(6.9	)	$	87.0
2014	27.9		(4.0		)	23.9
Licenses:
2015	$	138.9	$	(53.7	)	$	85.2
2014	110.8		(46.3		)	64.5
Noncompete agreements:
2015	$	58.0	$	(37.0	)	$	21.0
2014	46.2		(29.4		)	16.8
Trade name - Encompass:
2015	$	135.2	$	—		$	135.2
2014	135.2		—			135.2
Trade names - all other:
2015	$	32.9	$	(11.5	)	$	21.4
2014	19.9		(10.1		)	9.8
Internal-use software:
2015	$	155.7	$	(90.5	)	$	65.2
2014	125.3		(74.5		)	50.8
Market access assets:
2015	$	13.2	$	(8.8	)	$	4.4
2014	13.2		(8.1		)	5.1
Total intangible assets:
2015	$	627.8	$	(208.4	)	$	419.4
2014	478.5		(172.4		)	306.1

Amortization expense for other intangible assets is as follows (in millions):



	For the Year Ended December 31,
	2015		2014		2013
Amortization expense	$	36.0	$	20.3	$	17.3

Total estimated amortization expense for our other intangible assets for the next five years is as follows (in millions):



Year Ending December 31,	Estimated Amortization Expense
2016	$	45.4
2017	38.7
2018	30.3
2019	26.8
2020	23.3

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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