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The Company, Business Activities and Basis of Presentation (Tables)
3 Months Ended
Mar. 31, 2019
Accounting Policies [Abstract]  
Composition of Net Revenues Recognized Disaggregated by Source and Nature

The composition of the Company’s net revenues recognized during the three months ended March 31, 2018 and 2019 disaggregated by source and nature are as follows:

 

 

For the three months ended March 31,

 

 

2018

 

 

2019

 

Net revenues from contracted payers*

$

337,946

 

 

$

481,420

 

Net revenues from non-contracted payers

 

424,363

 

 

 

500,321

 

Development services revenues

 

44,634

 

 

 

42,498

 

Total net revenues

$

806,943

 

 

$

1,024,239

 

 

*Includes Medicare and Medicare Advantage, as reimbursement amounts are fixed.  Also includes other income from sales of CEE-Sure blood collection tubes and research-use-only (RUO) test kits.

 

For the three months ended March 31,

 

 

2018

 

 

2019

 

Net commercial revenues recognized upon delivery

$

762,309

 

 

$

893,938

 

Development services revenues recognized upon delivery

 

44,634

 

 

 

42,498

 

Commercial revenues recognized upon cash collection

 

 

 

 

87,803

 

Total net revenues

$

806,943

 

 

$

1,024,239

 

Summary of Third-Party Payers That Represent More Than 10% of Total Net Revenues and Total Net Accounts Receivable and Their Related Percentage

The Company's third-party payers that represent more than 10% of total net revenues in any period presented, as well as their related net revenue amount as a percentage of total net revenues, during the three months ended March 31, 2018 and 2019 were as follows:

 

 

For the three months ended March 31,

 

 

2018

 

 

2019

 

Medicare and Medicare Advantage

 

39

%

 

 

45

%

Blue Cross Blue Shield

 

22

%

 

 

14

%

United Healthcare

 

22

%

 

 

12

%

The Company's third-party payers that represent more than 10% of total net accounts receivable, and their related net accounts receivable balance as a percentage of total net accounts receivable, at December 31, 2018 and March 31, 2019 were as follows:

 

 

December 31, 2018

 

 

March 31, 2019

 

Blue Cross Blue Shield

 

22

%

 

 

22

%

Medicare and Medicare Advantage

 

17

%

 

 

19

%

United Healthcare

 

15

%

 

 

16

%