Quarterly report pursuant to Section 13 or 15(d)

Revenue (Tables)

v3.21.1
Revenue (Tables)
 3 Months Ended
Mar. 31, 2021
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:

 

    Three Months Ended March 31,  
    2021     2020  
    ($ in thousands)  
Healthcare IT:      
Revenue cycle management services   $ 19,448     $ 13,190  
SaaS solutions     5,261       3,614  
Professional services     617       391  
Ancillary services     984       721  
Group purchasing services     188       177  
Printing and mailing services     383       429  
Clearinghouse and EDI services     152       319  
Practice Management:                
Practice management services     2,735       3,026  
Total   $ 29,768     $ 21,867  
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 for the three months ended March 31, 2021 and 2020:

 

    Accounts Receivable, Net     Contract
Asset		     Deferred Revenue (current)     Deferred
Revenue (long term)		  
    ($ in thousands)  
Balance as of January 1, 2021   $ 12,089     $ 4,105     $ 1,173     $ 305  
Increase (decrease), net     330       270       52       (20 )
Balance as of March 31, 2021   $ 12,419     $ 4,375     $ 1,225     $ 285  
                                 
Balance as of January 1, 2020   $ 6,995     $ 2,385     $ 20     $ 19  
CCH acquisition     2,299       538       -       269  
Increase (decrease), net     21       (38 )     4       (92 )
Balance as of March 31, 2020   $ 9,315     $ 2,885     $ 24     $ 196