| SCHEDULE OF DISAGGREGATION OF REVENUE |
The
following table represents a disaggregation of revenue for the years ended December 31, 2022 and 2021:
SCHEDULE
OF DISAGGREGATION OF REVENUE
| |
|
2022 |
|
|
2021 |
|
| |
|
Year Ended December 31, |
|
| |
|
2022 |
|
|
2021 |
|
| |
|
($ in thousands) |
|
| Healthcare IT: |
|
|
|
|
|
|
|
|
| Technology-enabled business solutions |
|
$ |
88,140 |
|
|
$ |
105,531 |
|
| Professional services |
|
|
33,984 |
|
|
|
19,044 |
|
| Printing and mailing services |
|
|
2,207 |
|
|
|
1,538 |
|
| Group purchasing services |
|
|
945 |
|
|
|
967 |
|
| Medical Practice Management: |
|
|
|
|
|
|
|
|
| Medical practice management services |
|
|
13,550 |
|
|
|
12,519 |
|
| Total |
|
$ |
138,826 |
|
|
$ |
139,599 |
|
| Revenues |
|
$ |
138,826 |
|
|
$ |
139,599 |
|
|
| SCHEDULE OF ACCOUNTS RECEIVABLE, CONTRACT ASSET AND DEFERRED REVENUE |
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 |
|
| medSR acquisition |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| (Decrease) increase, net |
|
|
(2,233 |
) |
|
|
(326 |
) |
|
|
301 |
|
|
|
1 |
|
| Balance as of December 31, 2022 |
|
$ |
14,773 |
|
|
$ |
4,399 |
|
|
$ |
1,386 |
|
|
$ |
342 |
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Balance as of January 1, 2021 |
|
$ |
12,089 |
|
|
$ |
4,105 |
|
|
$ |
1,173 |
|
|
$ |
305 |
|
| Beginning Balance |
|
$ |
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 |
|
| Ending Balance |
|
$ |
17,006 |
|
|
$ |
4,725 |
|
|
$ |
1,085 |
|
|
$ |
341 |
|
|