Quarterly report pursuant to Section 13 or 15(d)

REVENUE (Tables)

v3.23.1
REVENUE (Tables)
 3 Months Ended
Mar. 31, 2023
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:

 

SCHEDULE OF DISAGGREGATION OF REVENUE

    2023     2022  
    Three Months Ended March 31,  
    2023     2022  
    ($ in thousands)  
Healthcare IT:                
Technology-enabled business solutions   $ 19,495     $ 23,242  
Professional services     6,560       8,314  
Printing and mailing services     713       463  
Group purchasing services     186       134  
Medical Practice Management:                
Medical practice management services     3,047       3,188  
Total   $ 30,001     $ 35,341  
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, 2023   $ 14,773     $ 4,399     $ 1,386     $ 342  
(Decrease) increase, net     (127 )     619       8       8  
Balance as of March 31, 2023   $ 14,646     $ 5,018     $ 1,394     $ 350  
                                 
Balance as of January 1, 2022   $ 17,006     $ 4,725     $ 1,085     $ 341  
Increase (decrease), net     1,487       (80 )     55       49  
Balance as of March 31, 2022   $ 18,493     $ 4,645     $ 1,140     $ 390  
SCHEDULE OF TRADE ALLOWANCE FOR DOUBTFUL ACCOUNTS

Changes in the allowance for expected credit losses for trade accounts receivable are presented in the table below:

 

 SCHEDULE OF TRADE ALLOWANCE FOR DOUBTFUL ACCOUNTS

    Three Months Ended     Year Ended  
    March 31, 2023     December 31, 2022  
    ($ in thousands)  
Beginning balance   $ 823     $ 537  
Adoption of ASC 326     186       -  
Provision     97       740  
Recoveries/adjustments     -       313  
Write-offs     (163 )     (767 )
Ending balance   $ 943     $ 823