4. Acquisitions 2016 Acquisitions Emergency Physicians Medical Group (EPMG). On April 7, 2016, the Company completed the acquisition of EPMG for $119.1 million paid in cash, subject to a working capital adjustment of $0.2 million, and preferred stock issued in the direct parent company of EPMG (EPMG Holdco), representing $10.5 million of total purchase consideration, for aggregate purchase consideration of $129.8 million. All other outstanding equity of EPMG Holdco is wholly-owned by EmCare. EPMG employs more than 500 clinical providers who staff emergency departments, hospital medicine departments, and urgent care centers at 37 facilities in Michigan, Illinois, Indiana, Ohio, Iowa and Delaware. In addition, EPMG operates community paramedicine programs and provides tele-medicine services in urgent care and post-acute care operations. The goodwill recognized in connection with the EPMG acquisition is assigned to the EmCare segment and is primarily attributable to synergies that are expected to be achieved through the integration of EPMG into the existing operations of EmCare. Of the goodwill recorded, $40.1 million is tax deductible. The allocation of the purchase price is in the table below, which is subject to adjustment based upon the completion of purchase price allocations and working capital adjustments (in thousands): Cashandcashequivalents $ 19,310 Insurance collateral 3,886 Accounts receivable 19,621 Prepaid and other current assets 2,078 Property, plant and equipment 2,509 Acquired intangible assets 67,200 Goodwill 55,958 Other long-term assets 13,254 Accounts payable (1,537) Accrued liabilities (34,206) Deferred income taxes 1,126 Insurance reserves (11,346) Other long-term liabilities (8,050) Total purchase price $ 129,803 During the nine months ended September 30, 2016, the Company made purchase price allocation adjustments including a reclassification of insurance collateral from short-term to other long-term assetsof $13.0 million and other adjustments to opening balances for assets and lia