NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Jun. 30, 2014

Accounting Policies [Abstract]

Estimated Useful Life in Years for Property and Equipment

Estimated Useful Lives in Years For Property and Equipment

Diagnostic equipment under capital lease	2.5
Diagnostic equipment	5–13
Research, development and demonstration equipment	3-7
Machinery and equipment	2-7
Furniture and fixtures	3-9
Leasehold improvements	2–10
Building	28

Patient Fee Revenue - Net

Patient Fee Revenue - Net

	For the Year Ended June 30,
	2014			2013
Commercial Insurance/ Managed Care	$	4,217,088		$	1,360,536
Medicare/Medicaid		1,443,020			541,602
Workers' Compensation/Personal Injury		13,369,956			3,597,416
Other		5,277,128			1,982,311
Patient Fee Revenue, net of contractual allowances and discounts		24,307,192			7,481,865
Provision for Bad Debts		(10,333,082	)		(2,584,669	)
Net Patient Fee Revenue	$	13,974,110		$	4,897,196

Earnings Per Share

Earnings Per Share

	June 30, 2014
Basic		Total		Common Stock		Class C Common  Stock
Numerator:
Net income Available to common stockholders	$	10,396,130	$	9,720,030	$	172,189
Denominator:
Weighted average shares outstanding		6,009,822		6,009,822		382,513
Basic income per common share	$	1.73	$	1.62	$	0.45
Diluted
Denominator:
Weighted average shares outstanding				6,009,822		382,513
Class C Common Stock				127,504		—
Total Denominator for diluted earnings per share				6,137,326		382,513
Diluted income per common share			$	1.58	$	0.45

	June 30, 2013
Basic		Total		Common Stock		Class C Common Stock
Numerator:
Net income Available to common stockholders	$	8,678,542	$	8,107,367	$	145,467
Denominator:
Weighted average shares outstanding		5,933,318		5,933,318		382,513
Basic income per common share	$	1.46	$	1.37	$	0.38
Diluted
Denominator:
Weighted average shares outstanding				5,933,318		382,513
Class C Common Stock				127,504		—
Total Denominator for diluted earnings per share				6,060,822		382,513
Diluted income per common share		.	$	1.34	$	0.38