NET SALES SERVICE REVENUE AND ACCOUNTS RECEIVABLE (Tables)

6 Months Ended

Jun. 30, 2018

Net Sales Service Revenue and Accounts Receivable [Abstract]

Revenues, net of contractual allowances and adjustments for the three and six months ended June 30, 2018 and 2017 were as follows (prior-period amounts are not adjusted under the modified-retrospective method of adoption):



	For the Three Months Ended June 30,
(dollars in thousands)	Diagnostic Testing				Biomarker Testing				Total
	2018		2017		2018		2017		2018		2017
Medicaid	$	11	$	8	$	-	$	-	$	11	$	8
Medicare		281		131		-		-		281		131
Self-pay		20		34		-		-		20		34
Third party payers		219		143		-		-		219		143
Contract diagnostics		-		-		368		-		368		-
Revenues, net of contractual allowances	$	531	$	316	$	368	$	-	$	899	$	316



	For the Six Months Ended June 30,
(dollars in thousands)	Diagnostic Testing				Biomarker Testing				Total
	2018		2017		2018		2017		2018		2017
Medicaid	$	23	$	20	$	-	$	-	$	23	$	20
Medicare		415		289		-		-		415		289
Self-pay		46		54		-		-		46		54
Third party payers		350		256		-		-		350		256
Contract diagnostics		-		-		856		-		856		-
Revenues, net of contractual allowances	$	834	$	619	$	856	$	-	$	1,690	$	619

Schedule of Gross to Net Sales Adjustments

The following table presents our revenues initially recognized for each associated payor class during the three and six months ended June 30, 2018 and 2017.



	For the Three Months Ended June 30,
					Contractual Allowances and				Revenues, net of Contractual
	Gross Revenues				adjustments				Allowances and adjustments
	2018		2017		2018		2017		2018		2017
Medicaid	$	26	$	41	$	(15)	$	(33)	$	11	$	8
Medicare		292		128		(11)		3		281		131
Self-pay		20		58		-		(24)		20		34
Third party payers		531		300		(312)		(157)		219		143
Contract diagnostics		368		-		-		-		368		-
		1,237		527		(338)		(211)		899		316
Clinical research grants and other		60		-		-		-		60		-
	$	1,297	$	527	$	(338)	$	(211)	$	959	$	316



	For the Six Months Ended June 30,
					Contractual Allowances and				Revenues, net of Contractual
	Gross Revenues				adjustments				Allowances and adjustments
	2018		2017		2018		2017		2018		2017
Medicaid	$	41	$	65	$	(18)	$	(45)	$	23	$	20
Medicare		429		294		(14)		(5)		415		289
Self-pay		46		78		-		(24)		46		54
Third party payers		848		595		(498)		(339)		350		256
Contract diagnostics		856		-		-		-		856		-
		2,220		1,032		(530)		(413)		1,690		619
Clinical research grants and other		65		-		-		-		65		-
	$	2,285	$	1,032	$	(530)	$	(413)	$	1,755	$	619

Schedule of Reported Revenues Net of Collection Allowance

The following table presents our reported revenues net of the collection allowance and adjustments for the three and six months ended June 30, 2018 and 2017.



	For the Three Months Ended June 30,
	Revenues, net of
(dollars in thousands)	Contractual Allowances				Allowances for doubtful
	and adjustments				accounts				Total
	2018		2017		2018		2017		2018		2017
Medicaid	$	11	$	8	$	(12)	$	(2)	$	(1)	$	6
Medicare		281		131		(42)		(23)		239		108
Self-pay		20		34		-		(6)		20		28
Third party payers		219		143		(88)		(25)		131		118
Contract diagnostics		368		-		-		-		368		-
		899		316		(142)		(56)		757		260
Clinical research grants and other		60		-		-		-		60		-
	$	959	$	316	$	(142)	$	(56)	$	817	$	260



	For the Six Months Ended June 30,
	Revenues, net of
(dollars in thousands)	Contractual Allowances				Allowances for doubtful
	and adjustments				accounts				Total
	2018		2017		2018		2017		2018		2017
Medicaid	$	23	$	20	$	(23)	$	(4)	$	-	$	16
Medicare		415		289		(62)		(53)		353		236
Self-pay		46		54		-		(10)		46		44
Third party payers		350		256		(141)		(44)		209		212
Contract diagnostics		856		-		-		-		856		-
		1,690		619		(226)		(111)		1,464		508
Clinical research grants and other		65		-		-		-		65		-
	$	1,755	$	619	$	(226)	$	(111)	$	1,529	$	508

Schedule of Receivables

The following summarizes the mix of receivables:



	June 30, 2018		December 31, 2017
Medicaid	$	37	$	37
Medicare		774		256
Self-pay		103		53
Third party payers		797		1,066
Contract diagnostic services		392		445
Other		-		-
	$	2,103	$	1,857
Less allowance for doubtful accounts		(1,351)		(1,127)
Accounts receivable, net	$	752	$	730

Schedule of Allowance for Doubtful Accounts

The following table presents the roll-forward of the allowance for doubtful accounts for the six months ended June 30, 2018.



			Allowance for
			Doubtful
(dollars in thousands)			Accounts
Balance, January 1, 2018			$	(1,127)
Collection Allowance:
Medicaid	$	(23)
Medicare		(62)
Third party payers		(141)
Service revenue, net		(226)
Bad debt expense	$	2
Total charges				(224)
Balance, June 30, 2018			$	(1,351)