Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

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Accounts Receivable
6 Months Ended
Jun. 30, 2018
Receivables [Abstract]  
Accounts Receivable

Note 4 – Accounts Receivable

 

Accounts receivable at June 30, 2018 (unaudited) and December 31, 2017 consisted of the following:

 

    June 30, 2018     December 31, 2017  
Accounts receivable - laboratory services   $ 2,122,918     $ 1,478,451  
Accounts receivable - hospital operations     17,247,474       8,593,747  
Total accounts receivable     19,370,392       10,072,198  
Less:                
Allowance for discounts – laboratory services     (1,916,577 )     (1,177,054 )
Allowance for discounts - hospital operations     (13,638,967 )     (6,936,429 )
Allowance for bad debts     (894,748 )     (987,403 )
Accounts receivable, net   $ 2,920,100     $ 971,312