Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.21.2
REVENUE (Tables)
 6 Months Ended
Jun. 30, 2021
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATION OF REVENUE

The following table represents a disaggregation of revenue for the three months and six months ended June 30:

 

    Three Months Ended
June 30,		    

Six Months Ended

June 30, 

  
    2021     2020     2021     2020  
    ($ in thousands)  
Healthcare IT:                                
Technology-enabled business solutions   $ 27,145     $ 16,215     $ 52,990     $ 34,059  
Professional services     3,497       398       4,114       789  
Printing and mailing services     272       324       656       753  
Group purchasing services     171       189       359       366  
Medical Practice Management:                                
Medical practice management services     2,980       2,453       5,715       5,479  
Total   $ 34,065     $ 19,579     $ 63,834     $ 41,446  

SCHEDULE OF ACCOUNTS RECEIVABLE, CONTRACT ASSET AND DEFERRED REVENUE

 

    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  
medSR acquisition     2,705       2,402       20       -  
Increase (decrease), net     1,430       (1,037 )     (12 )     (121 )
Balance as of June 30, 2021   $ 16,224     $ 5,470     $ 1,181     $ 184  
                                 
Balance as of January 1, 2020   $ 6,995     $ 2,385     $ 20     $ 19  
CCH acquisition     2,299       538       -       269  
Meridian acquisition     3,800       881       907       -  
(Decrease) increase, net     (1,888 )     (376 )     82       (81 )
Balance as of June 30, 2020   $ 11,206     $ 3,428     $ 1,009     $ 207