Annual report pursuant to Section 13 and 15(d)

REVENUE (Tables)

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REVENUE (Tables)
 12 Months Ended
Dec. 31, 2021
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATION OF REVENUE

The following table represents a disaggregation of revenue for the years ended December 31, 2021 and 2020:

 

                 
    Year Ended December 31,  
    2021     2020  
    ($ in thousands)  
Healthcare IT:                
Technology-enabled business solutions   $ 105,531     $ 88,453  
Professional services     19,044       2,559  
Printing and mailing services     1,538       1,453  
Group purchasing services     966       859  
Medical Practice Management:                
Medical practice management services     12,520       11,798  
Total   $ 139,599     $ 105,122  
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     5,187       -       20       -  
(Decrease) increase, net     (270 )     620       (108 )     36  
Balance as of December 31, 2021   $ 17,006     $ 4,725     $ 1,085     $ 341  
                                 
Balance as of January 1, 2020   $ 6,995     $ 2,385     $ 20     $ 19  
CCH acquisition     2,299       538       -       269  
Meridian acquisition     3,558       881       907       -  
(Decrease) increase, net     (763 )     301       246       17  
Balance as of December 31, 2020   $ 12,089     $ 4,105     $ 1,173     $ 305