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CONCENTRATIONS | 12 Months Ended
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Dec. 31, 2019
CONCENTRATIONS |
CONCENTRATIONS | (11) CONCENTRATIONS The Company is exposed to concentration of credit risk related primarily to its cash balances. The Company maintains its cash at major financial institutions. The Company has not experienced any realized losses in such accounts and believes it is not exposed to any significant credit risk related to its cash. The Company had one major vendor from which is sourced approximately 49% of supplies for its electrotherapy products for the years ended December 31, 2019 and 2018. Management believes that its relationships with its suppliers are good. If the relationships were to be replaced, there may be a short-term disruption for a period of time in which products may not be available and additional expenses may be incurred as the Company locates additional or replacement suppliers. The Company had receivables from two third-party payers at December 31, 2019, which made up approximately 39% of the accounts receivable balance. The Company had receivables from a third-party payer at December 31, 2018, which made up approximately 23% of the accounts receivable balance.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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