Accounts Receivable

12 Months Ended

Dec. 31, 2018

Note 4 – Accounts Receivable

Accounts receivable at December 31, 2018 and 2017 consisted of the following:

	December 31,
	2018			2017
Accounts receivable - Clinical Laboratory Operations	$	622,009		$	1,478,451
Accounts receivable - Hospital Operations		31,607,644			8,593,747
Total accounts receivable		32,229,653			10,072,198
Less:
Allowance for discounts - Clinical Laboratory Operations		(573,584	)		(1,177,054	)
Allowance for discounts - Hospital Operations		(25,066,799	)		(6,936,429	)
Allowance for bad debts		(2,777,521	)		(987,403	)
Accounts receivable, net	$	3,811,749		$	971,312

For the years ended December 31, 2018 and 2017, bad debt expense was $9.4 million and $1.5 million, respectively.