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Intangible Assets (Tables)
6 Months Ended
Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of intangible assets
Intangible assets, net consisted of the following:
 
 
 
 
 
Accumulated
 
 
 
September 30, 2015
 
Gross Amounts
 
Amortization
 
Net
 
Indefinite-lived assets:
 
 
 
 
 
 
 
 
 
 
Medicare license
 
$
704,000
 
$
-
 
$
704,000
 
 
 
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
Exclusivity
 
 
40,000
 
 
(20,940)
 
 
19,060
 
Non-compete
 
 
185,400
 
 
(70,472)
 
 
114,928
 
Payor relationships
 
 
107,000
 
 
(26,750)
 
 
80,250
 
Network relationships
 
 
220,000
 
 
(51,333)
 
 
168,667
 
Trade name
 
 
257,000
 
 
(60,742)
 
 
196,258
 
Totals
 
$
1,513,400
 
$
(230,237)
 
$
1,283,163
 
  
 
 
 
 
Accumulated
 
 
 
March 31, 2015
 
Gross Amounts
 
Amortization
 
Net
 
Indefinite-lived assets:
 
 
 
 
 
 
 
 
 
 
Medicare license
 
$
704,000
 
$
-
 
$
704,000
 
 
 
 
 
 
 
 
 
 
 
 
Amortized intangible assets:
 
 
 
 
 
 
 
 
 
 
Exclusivity
 
 
40,000
 
 
(15,940)
 
 
24,060
 
Non-compete
 
 
185,400
 
 
(41,428)
 
 
143,972
 
Payor relationships
 
 
107,000
 
 
(16,050)
 
 
90,950
 
Network relationships
 
 
220,000
 
 
(29,333)
 
 
190,667
 
Trade name
 
 
257,000
 
 
(33,392)
 
 
223,608
 
Totals
 
$
1,513,400
 
$
(136,143)
 
$
1,377,257
 
Schedule of future amortization expense
Future amortization expense is estimated to be as follows for the period October 1, 2105 to March 31, 2016 and for each of the five following years ending March:
 
October 31, 2015 to March 31, 2016
 
$
93,083
 
2017
 
 
185,001
 
2018
 
 
146,538
 
2019
 
 
114,658
 
2020
 
 
39,883
 
Total
 
$
579,163