Quarterly report pursuant to Section 13 or 15(d)

Accounts Receivable

v3.10.0.1
Accounts Receivable
 9 Months Ended
Sep. 30, 2018
Receivables [Abstract]  
Accounts Receivable

Note 4 – Accounts Receivable

 

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

 

    September 30, 2018     December 31, 2017  
Accounts receivable - laboratory services   $ 2,448,120     $ 1,478,451  
Accounts receivable - hospital operations     27,535,665       8,593,747  
Total accounts receivable     29,983,785       10,072,198  
Less:                
Allowance for discounts – laboratory services     (2,302,331 )     (1,177,054 )
Allowance for discounts - hospital operations     (20,085,750 )     (6,936,429 )
Allowance for bad debts     (976,049 )     (987,403 )
Accounts receivable, net   $ 6,619,655     $ 971,312