Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2019

Summary of Significant Accounting Policies

Schedule of composition of net revenues by payor type

	Year Ended December 31,
	2019		2018
Government	$	168,686,247	$	128,278,922
Insurance		300,360,975		178,726,197
Patient pay		60,597,025		38,273,218
Net revenue	$	529,644,247	$	345,278,337

	Year Ended December 31,
	2019		2018
Net sales revenue - Point in time
Sleep	$	224,542,433	$	123,585,029
Respiratory		5,779,842		4,910,755
HME		45,948,275		36,724,311
Other		40,180,387		24,651,320
Total Net sales revenue	$	316,450,937	$	189,871,415
Net revenue from fixed monthly equipment reimbursements
Sleep	$	80,846,378	$	52,703,572
Respiratory		81,417,997		66,341,108
HME		43,212,228		35,941,985
Other		7,716,707		420,257
Total Net revenue from fixed monthly equipment reimbursements	$	213,193,310	$	155,406,922
Total net revenue
Sleep	$	305,388,811	$	176,288,601
Respiratory		87,197,839		71,251,863
HME		89,160,503		72,666,296
Other		47,897,094		25,071,577
Total net revenue	$	529,644,247	$	345,278,337

Summary of cash and cash equivalents

	December 31,
	2019		2018
Cash	$	22,863,543	$	9,058,782
Money market accounts		54,014,591		16,126,899
Total	$	76,878,134	$	25,185,681

Summary of useful lives of property and equipment for purposes of computing depreciation

Patient medical equipment	13 months ‑ 5 years
Vehicles	5 years
Other	2 ‑ 7 years

Summary of cost of net revenue

	Year ended December 31,
	2019		2018
Cost of products, supplies and patient equipment depreciation	$	215,927,438	$	140,034,522
Salaries, labor and benefits		154,030,773		107,484,610
Occupancy		13,407,384		8,869,386
Other operating costs		57,020,792		36,996,117
Total	$	440,386,387	$	293,384,635