Revenue

6 Months Ended

Jun. 30, 2022

Revenue from Contract with Customer [Abstract]

Revenue

Note 4 – Revenue

We disaggregate revenue from contracts with customers into types of services or products, consistent with our reportable segments, as follows:

	Three months ended June 30				Six months ended June 30
	2022		2021		2022		2021
Hospital Division:
Net patient service revenue	$	51,209,741	$	62,347,436	$	130,025,739	$	149,260,934
Management fees		394,938		467,236		706,182		896,980
Total Hospital Division revenue		51,604,679		62,814,672		130,731,921		150,157,914
Population Health Management Division:
Capitation revenue, net		5,150,342		—		5,150,342		—
SaaS revenue		290,112		—		290,112		—
Management fees		1,002,800		—		1,002,800		—
Total Population Health Management Division revenue		6,443,254		—		6,443,254		—
Net revenue	$	58,047,933	$	62,814,672	$	137,175,175	$	150,157,914

Net patient service revenue. We receive payment for facility services rendered by us from federal agencies, private insurance carriers, and patients. The Physician LLCs receive payment for doctor services from these same sources. On average, greater than 90% of our net patient service revenue is paid by insurers, federal agencies, and other non-patient third parties. The remaining revenues are paid by our patients in the form of copays, deductibles, and self-payment. The following tables present the allocation of the estimated transaction price with the patient between the primary patient classification of insurance coverage:

	Three months ended June 30						Six months ended June 30
	2022			2021			2022			2021
Insurance		92	%		97	%		92	%		96	%
Self pay		8	%		2	%		8	%		3	%
Workers compensation		0	%		1	%		0	%		1	%
Medicare/Medicaid		0	%		0	%		0	%		0	%
Total		100	%		100	%		100	%		100	%

Contract balances. Cash payments for SaaS-based subscriptions received in advance of the satisfaction of our performance obligations as deferred revenue and recognized as revenue over the period in which the performance obligations are satisfied. The Company completes its contractual performance obligations through providing its customers access to specified data through subscriptions for a service period, and training on consulting associated with the subscriptions. We primarily invoice our customers on a monthly basis and do not provide any refunds, rights of return, or warranties. Deferred revenue is presented as current liabilities and totaled $55,355 as of June 30, 2022 and $0 as of December 31, 2021. We expect to recognize revenue for these amounts within the next twelve months.