XML 61 R24.htm IDEA: XBRL DOCUMENT v3.2.0.727

Goodwill and Intangible Assets (Tables)

12 Months Ended

Mar. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of goodwill activity

The following is a summary of goodwill activity:

Balance at January 31, 2014		$	494,700
Balance at March 31, 2014		$	494,700
Acquisition of AKM			83,943
Acquisition of SCHC			922,734
Acquisition of BCHC			398,467
Acquisition of HCHHA			268,989
Balance at March 31, 2015		$	2,168,833

Schedule of intangible assets

Intangible assets, net consisted of the following:

		Weighted- average life (Yrs.)			Balance at  January 31, 2014			Additions			Balance at March 31,  2014			Additions				Balance at March 31, 2015
Indefinite -lived assets:
Medicare license					$	-		$	-		$	-		$	704,000		$	704,000
Amortized intangible assets:
Exclusivity			4			40,000			-			40,000			-			40,000
Non-compete			4			28,400			-			28,400			157,000			185,400
Payor relationships			5			-			-			-			107,000			107,000
Network relationships			5			-			-			-			220,000			220,000
Trade name			5			-			-			-			257,000			257,000
Totals						68,400			-			68,400			1,445,000			1,513,400
Accumulated amortization						(5,973)			(2,800)			(8,773)			(127,370)			(136,143)
Total intangibles, net					$	62,427		$	(2,800)		$	59,627		$	1,317,630		$	1,377,257

Schedule of future amortization expense

Future amortization expense is estimated to be as follows for each for the five years ending March 31 thereafter:

2016		$	186,167
2017			185,001
2018			146,537
2019			114,658
2020			40,894
Total		$	673,257

X

- References

No definition available.

+ Details

Name:	us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 350



-SubTopic 20



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267



Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 350



-SubTopic 20



-Section 50



-Paragraph 2



-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13854-109267

+ Details

Name:	us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 350



-SubTopic 20



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267

+ Details

Name:	us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 350



-SubTopic 30



-Section 50



-Paragraph 2



-Subparagraph (a)



-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

+ Details

Name:	us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration