Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.22.2.2
REVENUE (Tables)
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
SCHEDULE OF DISAGGREGATION OF REVENUE

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

 

    2022     2021     2022     2021  
    Three Months Ended     Nine Months Ended  
    September 30,     September 30,  
    2022     2021     2022     2021  
    ($ in thousands)  
Healthcare IT:                                
Technology-enabled business solutions   $ 21,626     $ 27,086     $ 68,457     $ 80,076  
Professional services     7,434       6,863       25,572       10,978  
Printing and mailing services     594       429       1,515       1,084  
Group purchasing services     310       300       602       659  
Medical Practice Management:                                
Medical practice management services     3,759       3,626       10,146       9,340  
Total   $ 33,723     $ 38,304     $ 106,292     $ 102,137  
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, 2022   $ 17,006     $ 4,725     $ 1,085     $ 341  
(Decrease) increase, net     (725 )     (318 )     332       49  
Balance as of September 30, 2022   $ 16,281     $ 4,407     $ 1,417     $ 390  
                               
Balance as of January 1, 2021   $ 12,089     $ 4,105     $ 1,173     $ 305  
medSR acquisition     2,705       2,402       20       -  
Increase (decrease), net     3,300       (1,846 )     (104 )     (89 )
Balance as of September 30, 2021   $ 18,094     $ 4,661     $ 1,089     $ 216