Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Revenue Payor Mix

During the years ended December 31, 2014 and 2013, the Company’s revenue payor mix was as follows:

	2014			2013
Medicare and Medicaid		24	%		29	%
Commercial health insurance payors		67	%		59	%
Patient self-pay		4	%		5	%
Management fees from affiliates		5	%		7	%
Other		5	%		4	%
Provision for doubtful accounts		(5	%)		(4	%)

Allowance for Doubtful Accounts

The activity in the allowances for doubtful accounts for the years ending December 31, 2014 and 2013 follows:

	2014			2013
Balance at beginning of period	$	4,778,915		$	1,659,337
Reclassification (to) from contractual allowance		(832,384	)		1,458,737
Provisions recognized as reduction in revenues		5,118,194			3,755,035
Write-offs, net of recoveries		(7,323,154	)		(2,094,194	)
Balance at end of period	$	1,741,571		$	4,778,915

Estimated Useful Lives of Property and Equipment

The estimated useful lives of the Company’s property and equipment are as follows:

Asset Class	Useful Life
Furniture and equipment	3 to 7 years
Equipment under capital leases	3 to 7 years
Leasehold improvements	5 to 10 years	or remaining lease period, whichever is shorter

Securities Not Included in Computation of Diluted Earnings (Loss) Per Share from Continuing or Discontinued Operations

The following securities were not included in the computation of diluted earnings (loss) per share from continuing operations or discontinued operations as their effect would be anti-dilutive:

	2014	2013
Stock options and warrants	1,622,796	1,836,106

Accompanying Consolidated Financial Statements

The financial information included in the accompanying consolidated financial statements and notes thereto reflect the effects of the corrections described in the preceding paragraph.  The following tables set forth the correction of the individual affected line items in the accompanying consolidated financial statements:

	Year Ended December 31, 2013
	As Previously Reported			Correction			Restated
Earnings per common share (basic and diluted):
Net loss from continuing operations attributable to Foundation Healthcare common stock	$	(1.20	)	$	(0.24	)	$	(1.44	)
Loss from discontinued operations		(0.05	)		(0.01	)		(0.06	)
Net loss per share attributable to Foundation Healthcare common stock	$	(1.25	)	$	(0.25	)	$	(1.50	)
Weighted average number of common and diluted shares outstanding		16,293,013			(2,657,727	)		13,635,286
Pro forma basic and diluted net loss per share	$	(1.26	)	$	(0.25	)	$	(1.51	)