Annual report pursuant to Section 13 and 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Intangible Asset

Intangible Asset	12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Asset	Note 6 – Intangible Asset At December 31, 2021 and 2020, the Company had an intangible asset valued at $259,443, which is a certificate of need acquired in the Jamestown Regional Medical Center acquisition. The certificate of need has an indefinite life and was recently renewed. The Company determined that Jellico’s intangible asset, which was a certificate of need, valued at $250,000, was impaired due to the closure of the hospital in March 2021. The Company reduced the value of this intangible asset to $0 at December 31, 2020.

Intangible Asset

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Note 6 – Intangible Asset

At December 31, 2021 and 2020, the Company had an intangible asset valued at $259,443, which is a certificate of need acquired in the Jamestown Regional Medical Center acquisition. The certificate of need has an indefinite life and was recently renewed.

The Company determined that Jellico’s intangible asset, which was a certificate of need, valued at $250,000, was impaired due to the closure of the hospital in March 2021. The Company reduced the value of this intangible asset to $0 at December 31, 2020.