Annual report pursuant to Section 13 and 15(d)

Accounts Receivable (Tables)

v3.20.1
Accounts Receivable (Tables)
12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Schedule of Accounts Receivable

Accounts receivable at December 31, 2019 and 2018 consisted of the following:

 

    December 31,  
    2019     2018  
Accounts receivable - Hospital Operations   $ 26,687,028     $ 31,607,644  
Accounts receivable - Clinical Laboratory Operations     -       622,009  
Total accounts receivable     26,687,028       32,229,653  
Less:                
Allowance for discounts - Clinical Laboratory Operations     -       (573,584 )
Allowance for discounts - Hospital Operations     (16,801,910 )     (25,066,799 )
Allowance for bad debts     (5,245,817 )     (2,777,521 )
Accounts receivable owed to factors     (1,073,854 )     -  
Accounts receivable, net   $ 3,565,447     $ 3,811,749