Ethema Health Corp (GRST)

[BokehRebl]

That’s how I read it too, seem more like a collections issue and they needed cash, knowing that they can pay it off easily since its in the book. Almost like a cashing your check before it arrives for a fee.

This statement on the most recent 3rd Quater Results confirmed it to me.

“Revenue is recorded based on the adjusted gross billing for the period. The facility has been averaging a net collection of gross billings at a rate of approximately 13%. The net collection amount has been increasing slightly each month due to refinements to the billing and collection process. ”

Its just a matter of time… this business has immense potential.