Intangible assets lack a physical substance like other assets such as inventory and equipment. They form the other largest category of long-term assets, other than PP&E. PP&E (Property, Plant and Equipment)PP&E (Property, Plant, and Equipment) is one of the core non-current assets found on the balance sheet. May 15, 2014 · Although, there are over 100 different types of intangible assets, this paper focuses on those most common types within the healthcare industry. Some of these intangible assets are summarized in Figure 1. The valuation of specific intangible assets in healthcare entities primarily occurs for four reasons. Intangible assets are resources that you own or control but that have no physical presence. In order to be considered an asset , intangible assets must be expected to produce future economic value. Examples of intangible assets include patents, copyrights, franchises, computer software, goodwill and trademarks. Dec 22, 2019 · Other types of tangible assets include jewelry, furniture, monetary funds, retirement funds, and pensions. A tangible asset will be allocated to a relative or a friend following an individual’s death, either based upon the specifications included in his/her will, or the laws or intestacy.