this place is sort of like nassau otb on steroids
Auditors said NuHealth “has experienced recurring operating losses” and “is dependent on the continuation of federal, state and local subsidies, certain of which are scheduled to end or be reduced. These matters raise substantial doubt about NHCC’s ability to continue as a going concern.”
Under a “going concern,” auditors prepare financial statements expecting a company to continue operating in the near future, according to the American Institute of Certified Public Accountants. Auditors can be tasked with determining whether “substantial doubt exists about an entity’s ability to continue as a going concern for a reasonable period of time,” according to the institute.
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