Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

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Accounts Receivable
 3 Months Ended
Mar. 31, 2018
Receivables [Abstract]  
Accounts Receivable

Note 2 – Accounts Receivable

 

Accounts receivable at March 31, 2018 (unaudited) and December 31, 2017 consisted of the following:

 

    March 31, 2018     December 31, 2017  
Accounts receivable - laboratory services   $ 1,302,579     $ 1,478,451  
Accounts receivable – hospital     11,783,802       8,593,747  
Total accounts receivable     13,086,381       10,072,198  
Less:                
Allowance for discounts - laboratory services     (1,150,800 )     (1,177,054 )
Allowance for discounts - hospital     (9,307,852 )     (6,936,429 )
Allowance for bad debts     (1,525,972 )     (987,403 )
Accounts receivable, net   $ 1,101,758     $ 971,312