Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.8.0.1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue

The following table represents a disaggregation of revenue for the three months ended March 31:

 

    2018     2017  
Medical billing revenue   $ 7,392,390     $ 7,332,635  
Ancillary services     248,637       283,657  
Printing and mailing     348,243       346,793  
Clearinghouse and EDI services     193,439       186,335  
EnrollmentPlus     83,657       -  
Professional services     40,959       70,654  
Total   $ 8,307,325     $ 8,220,074

Schedule of Accounts Receivable, Contract Asset and Deferred Revenue

The opening and closing balances of the Company’s accounts receivable, contract asset and deferred revenue are as follows:

 

    Accounts Receivable, Net     Contract Asset     Deferred Revenue (current)     Deferred Revenue
(long term) 		 
Beginning balance as of January 1, 2018   $ 3,879,463     $ 1,342,692     $ 62,104     $ 28,615  
(Decrease) increase, net     (102,504 )     47,071       (20,913 )     (976 )
Ending balance as of March 31, 2018   $ 3,776,959     $ 1,389,763     $ 41,191     $ 27,639