General form of registration statement for all companies including face-amount certificate companies

Patient Fees Receivable

v3.21.4
Patient Fees Receivable
9 Months Ended 12 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Patient Fees Receivable    
Patient Fees Receivable

Note 5: Patient Fees Receivable

Patient fees receivable is included in Clinic Fees and Insurance Receivables in the Company’s Condensed Consolidated Balance Sheets and consisted of the following categories for each of the periods ended September 30, 2021 and December 31, 2020, presented below:

    

Unaudited

    

September 30, 2021

December 31, 2020

Total Receivables: Gross

$

2,098,575

$

662,526

Less: Contractual Allowances

 

(1,799,004)

 

(302,137)

Receivables Net of Contractual Allowances

 

299,571

 

360,389

 

  

 

  

Commercial

 

129,742

 

203,201

Medicare / Medicaid

 

147,635

 

109,996

Self Pay

 

22,194

 

47,192

Receivables Net of Contractual Allowances

$

299,571

$

360,389

Note 6: Patient Fees Receivable

Patient fees receivable is included in Clinic Fees and Insurance Receivables in the Company’s Consolidated Balance Sheet and consisted of the following categories for each of the years ending December 31, presented below:

2019

2020

Total Receivables: Gross

    

$

672,846

    

$

1,041,300

Less: Contractual Allowances

 

(201,439)

 

(791,837)

Receivables Net of Contractual Allowances

 

471,407

 

249,463

Commercial

 

205,000

 

85,504

Medicare / Medicaid

 

222,992

 

116,221

Self Pay

 

43,414

 

47,739

Receivables Net of Contractual Allowances

$

471,406

$

249,464