REVENUE |
3 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Mar. 31, 2024 |
Dec. 31, 2023 |
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| REVENUE |
4. REVENUE The Company disaggregates revenue between continuing operations and discontinued operations. Revenue streams from contracts with customers depicts the nature, amount, timing and uncertainty of its revenue and cash flows as affected by economic factors. Commercial insurance consists of neuromonitoring cases whereby a patient has healthcare insurance that we bill. Facility billing consists of neuromonitoring cases whereby the Company has an agreement to bill the medical facility for patients that do not have health care insurance.
The Company does not have any contract assets or contract liabilities as of or during the three months ended March 31, 2024 or 2023 or as of December 31, 2023.
The Company’s revenue is as follows (in thousands):
Accounts Receivable A summary of the accounts receivable, net, by revenue stream is as follows (in thousands):
The concentration of accounts receivable, net, by payor as a percentage of total accounts receivable is as follows:
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4. REVENUE The Company disaggregates revenue from contracts with customers by revenue stream as this depicts the nature, amount, timing and uncertainty of its revenue and cash flows as affected by economic factors. Commercial insurance consists of all Neuromonitoring cases whereby a patient has healthcare insurance. Facility billing consists of services related to uninsured or government patients whereby the Company has an agreement with the facility for services for the patient and other contracted agreements with facilities.
The Company does not have any contract assets or contract liabilities as of or during the years ended December 31, 2023 and 2022.
The Company’s revenue disaggregated by payor is as follows (stated in thousands):
Accounts Receivable A summary of the accounts receivable by revenue stream is as follows (stated in thousands):
The concentration of accounts receivable by payor as a percentage of total accounts receivable is as follows:
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