Connecture (CNXR) 10-Q 14 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Trading Symbol	CNXR
Entity Registrant Name	CONNECTURE INC
Entity Central Index Key	1,211,759
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		21,874,452

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 10,045	$ 28,252
Accounts receivable - net of allowances	9,549	12,128
Prepaid expenses and other current assets	1,290	1,557
Total current assets	20,884	41,937
PROPERTY AND EQUIPMENT - Net	1,917	1,892
GOODWILL	26,779	26,779
OTHER INTANGIBLE ASSETS - Net	13,320	15,350
DEFERRED IMPLEMENTATION COSTS	23,908	24,552
OTHER ASSETS	1,643	1,834
TOTAL ASSETS	88,451	112,344
CURRENT LIABILITIES:
Accounts payable	5,839	5,737
Accrued payroll and related liabilities	5,686	3,880
Other liabilities	3,495	4,373
Current maturities of debt	1,482	4,479
Deferred revenue	32,660	42,578
Total current liabilities	49,162	61,047
DEFERRED REVENUE	26,941	31,159
DEFERRED TAX LIABILITY	19	19
LONG-TERM DEBT	48,094	48,581
OTHER LONG-TERM LIABILITIES	302	379
Total liabilities	$ 124,518	$ 141,185
COMMITMENTS AND CONTINGENCIES (Note 5)
STOCKHOLDERS' DEFICIT:
Common stock, $0.001 par value, 75,000,000 shares authorized as of June 30, 2015 and December 31, 2014, and 21,840,004 and 21,689,223 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively	$ 22	$ 22
Additional paid-in capital	98,497	96,365
Accumulated deficit	(134,586)	(125,228)
Total stockholders' deficit	(36,067)	(28,841)
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	$ 88,451	$ 112,344

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Common stock, Par value	$ 0.001	$ 0.001
Common stock, Shares authorized	75,000,000	75,000,000
Common stock, Shares issued	21,840,004	21,689,223
Common stock, Shares outstanding	21,840,004	21,689,223

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
REVENUE	$ 23,393	$ 19,201	$ 44,041	$ 35,251
COST OF REVENUE	14,019	12,787	25,340	25,354
GROSS MARGIN	9,374	6,414	18,701	9,897
OPERATING EXPENSES:
Research and development	6,056	4,585	12,584	8,685
Sales and marketing	2,302	1,903	5,185	3,709
General and administrative	3,858	3,244	7,463	6,351
Total operating expenses	12,216	9,732	25,232	18,745
LOSS FROM OPERATIONS	(2,842)	(3,318)	(6,531)	(8,848)
OTHER EXPENSES:
Interest expense	1,424	1,372	2,837	2,386
Other (income) expense, net	1	751	9	826
Total other expense	1,425	2,123	2,846	3,212
LOSS BEFORE BENEFIT (PROVISION) FOR INCOME TAXES	(4,267)	(5,441)	(9,377)	(12,060)
BENEFIT (PROVISION) FOR INCOME TAXES	8	3	19	(11)
NET LOSS	(4,259)	(5,438)	(9,358)	(12,071)
COMPREHENSIVE LOSS	$ (4,259)	$ (5,438)	$ (9,358)	$ (12,071)
NET LOSS PER COMMON SHARE:
Basic and diluted	$ (0.20)	$ (34.77)	$ (0.43)	$ (76.11)
WEIGHTED-AVERAGE COMMON SHARES OUTSTANDING:
Basic and diluted	21,710,951	184,051	21,703,483	184,051

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Stockholders' Deficit - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Beginning Balance, Value at Dec. 31, 2013	$ (106,054)	$ 1	$ 9,013	$ (115,068)
Beginning Balance, Shares at Dec. 31, 2013		184,051
Preferred Stock dividends, Series A and Series B Preferred Stock	(1,937)		(1,937)
Stock-based compensation expense	707		707
Net loss	(12,071)			(12,071)
Ending Balance, Value at Jun. 30, 2014	(119,355)	$ 1	7,783	(127,139)
Ending Balance, Shares at Jun. 30, 2014		184,051
Beginning Balance, Value at Dec. 31, 2014	$ (28,841)	$ 22	96,365	(125,228)
Beginning Balance, Shares at Dec. 31, 2014	21,689,223	21,689,223
Stock-based compensation expense	$ 1,886		1,886
Restricted stock units and exercise of stock options, Value	$ 246		246
Restricted stock units and exercise of stock options, Shares	134,282	150,781
Net loss	$ (9,358)			(9,358)
Ending Balance, Value at Jun. 30, 2015	$ (36,067)	$ 22	$ 98,497	$ (134,586)
Ending Balance, Shares at Jun. 30, 2015	21,840,004	21,840,004

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (9,358)	$ (12,071)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:
Depreciation and amortization	2,550	2,554
Stock-based compensation expense	1,886	707
Other	669	480
Change in operating assets and liabilities, net of acquisition:
Accounts receivable	2,534	8,058
Prepaid expenses and other assets	277	(204)
Deferred implementation costs	644	(3,517)
Accounts payable	689	(1,880)
Accrued expenses and other liabilities	999	(493)
Deferred revenue	(14,136)	(9,713)
Net cash used in operating activities	(13,246)	(16,079)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(407)	(396)
Net cash used in investing activities	(407)	(396)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings under revolving line of credit		10,076
Repayments under revolving line of credit	(340)	(14,086)
Borrowings of term debt		20,767
Repayments of term debt	(3,462)	(563)
Payment of deferred business acquisition purchase price		(1,000)
Payment of initial public offering costs	(725)
Other	(27)	(699)
Net cash (used in) provided by financing activities	(4,554)	14,495
NET DECREASE IN CASH AND CASH EQUIVALENTS	(18,207)	(1,980)
CASH AND CASH EQUIVALENTS - Beginning of period	28,252	2,277
CASH AND CASH EQUIVALENTS - End of period	10,045	297
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	3,108	3,027
Cash paid for income taxes	18	103
Non-cash investing and financing activities:
Purchase of property and equipment in accounts payable	$ 153	15
Accrued preferred stock dividends		$ 1,937

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	1. DESCRIPTION OF BUSINESS Connecture, Inc. and its subsidiaries, including DestinationRx, Inc., or DRX, RxHealth Insurance Agency, Inc., and Insurix, Inc. (collectively, the “Company”) is a Delaware corporation. The Company is a web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company’s solutions support the industry evolution towards a consumer-centric

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Interim Unaudited Condensed Consolidated Financial Information Use of Estimates— Cash and Cash Equivalents Accounts Receivable and Allowance for Doubtful Accounts Financial Instruments and Concentration of Credit Risk The Company has not experienced any material losses related to receivables from individual customers, geographic regions or groups of customers. As of June 30, 2015 and December 31, 2014 and for the six months ended June 30, 2015 and 2014 the Company had the following customers that accounted for 10% of total revenue and/or total accounts receivables: Revenue Accounts Receivable Customers Six Months Ended June 30, 2015 Six Months Ended June 30, 2014 As of June 30, 2015 As of December 31, 2014 A 11.7 % 9.7 % 11.6 % 15.2 % B 13.1 % 10.1 % 5.4 % 4.3 % Revenue Recognition— a) Software Automation Solutions Fees Contractual terms for the delivery and ongoing support of the Company’s software automation solutions generally consist of multiple components including: (a) software license fees (non-hosted arrangements), (b) software maintenance fees, (c) software usage fees, (d) professional services fees, (e) hosting fees and (f) production support fees. Software license fees represent amounts paid for the right to use the solution. Software usage fees represent amounts paid to cover only a specific period of time, after which usage and access rights expire. Software maintenance fees typically accompany software license fees and represent amounts paid for the right to receive commercially available updates and upgrades to the solution. Professional services fees represent amounts charged for services performed in connection with the configuration, integration and implementation of the solutions in accordance with customer specifications. Hosting fees represent fees related to post implementation hosting and monitoring of the solution. Production support fees are charged for the ongoing rate, benefits and related content management of the platform. The Company’s contracts with its customers typically bundle multiple services and are generally priced on a fixed fee basis. The term over which the Company is committed to deliver these services can range from several months to several years. The majority of the Company’s software automation solution services sold in the Enterprise/Commercial and Medicare segments and a portion of the Private Exchange segment are arrangements in which the Company hosts the web-based software automation solution and the customer pays a fee for access to and usage of the web-based software. The ownership of the technology and rights to the related code of such hosted web-based software remain with the Company and a customer has no contractual right to take possession of the software and run it on its own hardware platform. These arrangements are referred to as hosted arrangements and are accounted for as software-as-a-service under ASC 605, Revenue Recognition. A small percentage of the Company’s software automation solutions, sold primarily in the Enterprise/State segment, are arrangements in which the software is not hosted on the Company’s infrastructure. These arrangements include the licensed use of the software and are subject to accounting under ASC 985, Software Revenue Recognition. For all arrangements (whether hosted or non-hosted) that include multiple elements, the Company evaluates each element in an arrangement to determine whether it represents a separate unit of accounting. An element constitutes a separate unit of accounting when the delivered item has standalone value and delivery of the undelivered element is probable. Elements generally include implementation services, software licensing or usage fees and maintenance or other services. Accounting guidance for multiple element arrangements containing hosted software provide a hierarchy to use when determining the relative selling price for each unit of accounting. Vendor-specific objective evidence (VSOE) of selling price, based on the price at which the item is regularly sold by the vendor on a standalone basis, should be used if it exists. If VSOE of selling price is not available, third-party evidence of selling price is used to establish the selling price if it exists. If VSOE and third-party evidence do not exist, the Company allocates the arrangement fee to the separate units of accounting based on its best estimate of selling price. For hosted arrangements with multiple elements that are separate units of accounting, VSOE and third- party evidence do not currently exist and accordingly, the Company allocates the arrangement fee to the separate units of accounting based on management’s best estimate of selling price, when available. The Company determines its best estimate of selling price for services based on its overall pricing objectives, taking into consideration market conditions and customer-specific factors and by reviewing historical data related to sales of the Company’s services. Hosted arrangement revenue is recognized as follows by revenue element: • Software usage fees and hosting fees • Professional services for new customer software solution implementation • Professional services for modifications to existing customer software solutions • Production support fees Multiple deliverable arrangements accounting guidance for non-hosted arrangements provide an allocation of revenue to the separate elements based upon VSOE. To date, the elements of the Company’s non-hosted arrangements, whereby the customers take possession of the software, have not been sold separately. Therefore, the contractual consideration for a delivered element for the non-hosted arrangements does not qualify as a separate unit of accounting as VSOE does not currently exist for any element of the Company’s non-hosted arrangements. Accordingly, the delivered elements are combined with the other consideration for the remaining undelivered elements as a single unit of accounting. Revenue for non-hosted arrangements is recognized once all elements are delivered over the longer of the customer contract or expected customer relationship. b) Broker Multi-Payer Quoting Platform Fees The Company provides an online quoting platform service to insurance brokers through its Private Exchange segment. The Company charges the brokers a monthly fee for access to the service. Revenue from the access fees is recognized in the period that the service is provided. c) Government Cost-Plus-Fixed-Fee The Company uses a percentage-of-completion method of accounting for its federal government contract in its Medicare segment. Costs incurred to date are compared to total estimated project costs and revenue is recognized in proportion to costs incurred. The Company periodically evaluates the actual status of the project to ensure that the estimated cost to complete each contract remains accurate and estimated losses, if any, are recognized in the period in which such losses are determined. There was no unbilled revenue as of the consolidated balance sheet dates, relating to the government contract. d) Commissions Within the Private Exchange segment, the Company earns commissions on annual employee enrollments in which the Company’s health plan network and software solutions are used in connection with each enrollment. Commissions are recorded in the period the enrollment is completed. Cost of Revenue Deferred Implementation Costs Stock-Based Compensation share-based Comprehensive Loss Income Taxes— Basic and Diluted Net Loss Per Common Share Under the two-class method, for periods with net income, basic net income per common share is computed by dividing the net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Net income attributable to common stockholders is computed by subtracting from net income the portion of current year earnings that the participating securities would have been entitled to receive pursuant to their dividend rights had all of the year’s earnings been distributed. No such adjustment to earnings is made during periods with a net loss, as the holders of the participating securities have no obligation to fund losses. Due to net losses for the three and six months ended June 30, 2015 and 2014, basic and diluted loss per share were the same, as the effect of potentially dilutive securities would have been anti-dilutive. New Accounting Standards Revenue From Contracts With Customers (Topic 606) In April 2015, the FASB issued ASU No. 2015-3, Interest - Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs In May 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement

Net Loss Per Common Share

Net Loss Per Common Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Net Loss Per Common Share	3. NET LOSS PER COMMON SHARE Diluted loss per common share is the same as basic loss per common share for all periods presented because the effects of potentially dilutive items were anti-dilutive given the Company’s net loss. The following common share equivalent securities have been excluded from the calculation of weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Anti-Dilutive Common Share Equivalents Redeemable convertible preferred stock — 14,861,539 — 14,861,539 Restricted stock units 131,813 — 44,734 — Stock options 1,170,373 1,368,715 1,165,980 1,379,337 Total anti-dilutive common share equivalents 1,302,186 16,230,254 1,210,714 16,240,876 Basic and diluted net loss per common share is calculated as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Numerator: Net loss $ (4,259 ) $ (5,438 ) $ (9,358 ) $ (12,071 ) Less: Preferred stock dividends — 962 — 1,937 Net loss attributable to common stock $ (4,259 ) $ (6,400 ) $ (9,358 ) $ (14,008 ) Denominator: Weighted-average common shares outstanding, basic and diluted 21,710,951 184,051 21,703,483 184,051 Net loss per common share, basic and diluted $ (0.20 ) $ (34.77 ) $ (0.43 ) $ (76.11 )

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	4. GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill Total Enterprise/ Enterprise/ State Medicare Private Exchange $ 26,779 $ 7,732 $ — $ 14,711 $ 4,336 Other Intangibles Assets Useful Lives - In Years Gross Carrying Value Accumulated Amortization Net Carrying Value Customer Relationship 3-10 $ 7,298 $ (1,986 ) $ 5,312 Covenants Not to Compete 2.5-5 800 (777 ) 23 Acquired Technology 3-5 11,792 (6,416 ) 5,376 Trademarks 10 2,800 (688 ) 2,112 Software 3 1,742 (1,245 ) 497 $ 24,432 $ (11,112 ) $ 13,320 Other intangible assets consist of the following at December 31, 2014: Useful Lives - Gross Accumulated Net Carrying Customer Relationship 3-10 $ 7,298 $ (1,625 ) $ 5,673 Covenants Not to Compete 2.5-5 800 (627 ) 173 Acquired Technology 3-5 11,792 (5,266 ) 6,526 Trademarks 10 2,800 (548 ) 2,252 Software 3 1,699 (973 ) 726 $ 24,389 $ (9,039 ) $ 15,350 Amortization expense was $1,041 and $1,030 for the three months ended June 30, 2015 and 2014, respectively, and $2,073 and $2,062 for the six months ended June 30, 2015 and 2014, respectively, and has been recorded in cost of revenue and general and administrative expenses. Estimated future amortization expense for the Company’s intangible assets is as follows: Year Ending December 31 Amount Remainder of 2015 $ 1,947 2016 3,272 2017 3,086 2018 1,088 2019 1,000 2020 1,000 thereafter 1,927 Total future amortization expense $ 13,320

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	5. COMMITMENTS AND CONTINGENCIES Capital Leases 2015 2014 7.98% lease obligation on ERP software, expiring July 2016, payable in variable monthly installments $ 194 $ 411 Various lease obligations on computer equipment and office furniture, expiring April 2017, payable in fixed monthly installments bearing interest of 3.7% to 11.8% 129 156 323 567 Less current maturities (257 ) (418 ) Long-term portion $ 66 $ 149 Future minimum capital lease payments are as follows: Years Ended December 31 Amount Remainder of 2015 $ 220 2016 94 2017 and thereafter 35 349 Less amount representing interest (26 ) Total 323 The Company’s most significant capital lease relates to the lease of enterprise resource planning, or ERP, software. The leased software asset is included in other intangible assets—net, in the accompanying June 30, 2015 and December 31, 2014, consolidated balance sheets as follows: 2015 2014 ERP Software $ 1,232 $ 1,232 Less accumulated amortization (958 ) (753 ) Total $ 274 $ 479 Amortization of the software asset under capital lease was $102 and $103 for the three months ended June 30, 2015 and 2014, respectively, and $205 and $206 for the six months ended June 30, 2015 and 2014, respectively, and is included in general and administrative expense in the accompanying condensed consolidated statements of operations. Operating Leases Letter of Credit Indemnifications In August 2013, a client of the Company’s acquired DRX subsidiary tendered a demand for indemnification for a claim filed against the client arising from the alleged incorrect ranking of plans on the client’s Medicare Part D website (the “Indemnification Claim”). DRX designed and hosted the interactive website. No specific damages were asserted in the claim, and the claim relates to services provided to the client prior to the Company’s 2013 acquisition of DRX. The DRX sellers have specifically indemnified the Company for any liability arising from this matter in the DRX Agreement and Plan of Merger. On February 10, 2015, the Company, the Company’s client and DRX sellers settled the Indemnification Claim for $100. Pursuant to the terms of the DRX Agreement and Plan of Merger, the DRX sellers and the Company offset the Indemnification Claim settlement against the $3,000 DRX Seller Note (See Note 6). Litigation

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	6. DEBT 2015 2014 Senior term loans $ 19,688 $ 20,250 Senior revolving credit facility 357 354 Subordinated loans 29,531 32,456 49,576 53,060 Less: current maturities of debt (1,482 ) (4,479 ) Long-term debt $ 48,094 $ 48,581 Senior Debt The Credit Facility provides for $22,500 of term loans (the “Senior Term Loans”) and a $10,000 revolving credit (the “Senior Revolving Credit Facility”) through January 15, 2018 (the “Maturity Date”). The Senior Term Loans require quarterly principal payments of $281, with the unpaid principal balance payable in full on the Maturity Date. The Senior Term Loans accrue interest at a rate based on LIBOR plus a LIBOR Margin payable monthly. The Senior Revolving Credit Facility accrues interest monthly at a rate based on LIBOR, the Fed Funds Rate or bank’s Prime Rate. As of June 30, 2015, the interest rate on the outstanding Senior Term Loans and Senior Revolving Credit Facility advances were 6.52% and 8.25%, respectively. The Credit Facility contains customary representations, warranties and covenants of the Company, as well as various limitations on the activities of the Company as they relate to additional indebtedness, junior liens, investments, capital expenditures, and mergers and acquisitions. Furthermore, the Credit Facility does not permit the payment of cash dividends if such payment would result in a covenant violation. During the six months ended June 30, 2015, the Credit Facility was amended, to among other things, establish financial covenants for the year ended December 31, 2015. The amendment established (i) quarterly building EBITDA covenants and (ii) minimum liquidity covenants, as defined in the Credit Facility. The Company was in compliance with the financial covenants at June 30, 2015. The Company believes that it will continue to be in compliance with the financial covenants throughout the year ended December 31, 2015. THL Promissory Note The THL Note maturity date is July 15, 2018, with the principal balance payable in full at the maturity date. Interest on the THL Note accrues at a variable rate of LIBOR plus a LIBOR Margin, as defined, and is payable monthly. At June 30, 2015, the rate was 12.00% and the outstanding balance, net of OID, was $29,531. DRX Seller Note— Related Party Bridge Loan— Based on rates for instruments with comparable maturities and credit quality, the estimated fair value of the Company’s total debt as of June 30, 2015 and December 31, 2014 approximates the carrying value.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	7. STOCK-BASED COMPENSATION The Company’s equity incentive plans provide for the awarding of various equity awards including stock options and restricted stock units. The Company recognized stock-based compensation expense of $1,169 and $362 for the three months ended June 30, 2015 and 2014, respectively, and $1,886 and $707 for the six months ended June 30, 2015 and 2014, respectively. As of June 30, 2015, approximately $7,300 of total unrecognized compensation costs related to unvested awards is expected to be recognized over the remaining vesting periods, approximately three years. Stock Options Number of Options Average Price (a) Average Life (Years) (b) Aggregate Intrinsic Value (in 000s) Outstanding - January 1, 2014 1,840,054 $ 1.905 8.72 Forfeited (52,036 ) $ 1.716 Granted 95,400 $ 2.268 Outstanding - June 30, 2014 1,883,418 $ 1.929 7.91 Outstanding - January 1, 2015 1,838,082 $ 1.931 7.39 $ 13,012 Excercised (c) (134,282 ) $ 1.829 Granted 508,400 $ 11.370 Outstanding - June 30, 2015 2,212,200 $ 4.106 7.99 $ 14,277 Exercisable - June 30, 2015 1,290,002 $ 1.903 7.25 $ 11,167 (a) Weighted-average exercise price (b) Weighted-average contractual life remaining (c) The aggregate intrinsic value of exercised options, using the average stock price during the period, was $1,119. The following are significant weighted average assumptions used for estimating the fair value of options issued during the six months ended June 30, 2015 and 2014 under the Company’s stock option plans: Six Months Ended, June 30, 2015 2014 Common stock share value $ 11.37 $ 18.12 Excepted life (years) 5.13 5.75 Volatility 50.00 % 50.33 % Interest rate 1.46 % 2.03 % Dividend yield 0.00 % 0.00 % The Company recognize the grant date fair value of stock options that are expected to vest on a straight-line basis over the vesting period, which is generally three years from date of grant. Restricted Stock Units (RSUs) Six Months Ended, June 30, 2015 Shares Fair Value Price per Share* Outstanding - Beginning — $ — Granted 515,250 10.80 Forfeited (6,000 ) 11.37 Vested (16,500 ) 9.83 Outstanding - Ending 492,750 $ 10.83 * Weighted-average grant value On January 23, 2015, the Company granted 156,250 Restricted Stock Units (RSUs) to employees with an aggregate grant date fair value of $1,536. The 156,250 RSUs vest on December 11, 2015. On January 23, 2015, the Company granted 33,000 RSUs to non-employee directors with an aggregate grant date fair value of $324. The 33,000 RSUs vest 1/12 a month through December 2015. On April 29, 2015 the Company granted 326,000 RSUs to employees with an aggregate grant date fair value of $3,707, which are expected to vest over a three-year period. The Company recognizes the grant date fair value of the RSUs that are expected to vest on a straight-line basis over the period of vesting. The Company recognizes the income tax benefits resulting from vesting of RSUs in the period they vest; to the extent the compensation expense has been recognized.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	8. INCOME TAXES The Company’s effective tax benefit/(provision) rate of less than 1.00% for the three and six months ended June 30, 2015 and 2014, respectively, differs from statutory federal income tax rates primarily due to changes in the deferred tax asset valuation allowance and current state income taxes.

Related Parties

Related Parties	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Parties	9. RELATED PARTIES On February 10, 2015, the Company, settled the Indemnification Claim for $100 (See Note 5). Pursuant to the terms of the DRX Agreement and Plan of Merger, the DRX sellers and the Company offset the Indemnification Claim settlement against the $3,000 DRX Seller Note. The Company paid $2,900 of principal and $480 of interest to settle the DRX Seller Note during the six months ended June 30, 2015. Current employees of the Company, including the Company’s current Chief Innovation Officer, New Markets, were employees and stockholders of DRX at the time of its acquisition, and as previous stockholders of DRX they received an interest in the DRX Seller Note. The $480 interest was paid to two related party stockholders, or entities controlled by the stockholders of the Company, pursuant to a note guarantee agreement the DRX sellers had with such related parties. During 2014, the Company entered into a $1,250 subordinated term note financing with two related party stockholders or entities controlled by stockholders of the Company (See Note 6).

Segments of Business

Segments of Business	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segments of Business	10. SEGMENTS OF BUSINESS The Company is organized into four reportable segments, which are based on software and service offerings. The following reflects the revenue and operating results of the Company’s reportable segments: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenue from external customers by segment: Enterprise/Commercial $ 13,878 $ 9,438 $ 24,863 $ 17,960 Enterprise/State 3,919 4,608 8,210 7,086 Medicare 4,210 4,001 8,193 7,900 Private Exchange 1,386 1,154 2,775 2,305 Consolidated revenue $ 23,393 $ 19,201 $ 44,041 $ 35,251 Gross margin by segment: Enterprise/Commercial $ 4,876 $ 1,972 $ 9,799 $ 2,454 Enterprise/State 1,811 2,054 3,525 2,148 Medicare 2,332 2,388 4,608 4,823 Private Exchange 355 — 769 472 Consolidated gross margin $ 9,374 $ 6,414 $ 18,701 $ 9,897 Consolidated operating expenses: Research and development $ 6,056 $ 4,585 $ 12,584 $ 8,685 Sales and marketing 2,302 1,903 5,185 3,709 General and administrative 3,858 3,244 7,463 6,351 Total consolidated operating expenses $ 12,216 $ 9,732 $ 25,232 $ 18,745 Consolidated loss from operations ($ 2,842 ) ($ 3,318 ) ($ 6,531 ) ($ 8,848 ) Depreciation and amortization by segment: Enterprise/Commercial $ 134 $ 154 $ 271 $ 296 Enterprise/State 24 27 48 64 Medicare 640 641 1,281 1,285 Private Exchange 237 227 469 443 Corporate 245 234 481 466 Consolidated depreciation and amortization $ 1,280 $ 1,283 $ 2,550 $ 2,554 The following are identifiable assets by segment as of June 30, 2015 and December 31, 2014: As of June 30, 2015 As of December 31, 2014 Identifiable assets by segment: Enterprise/Commercial $ 32,688 $ 32,749 Enterprise/State 4,422 6,349 Medicare 27,449 28,314 Private Exchange 8,396 10,107 Corporate 15,496 34,825 Consolidated assets $ 88,451 $ 112,344 All Company assets were held and all revenue was generated in the United States during the six months ended June 30, 2015 and 2014.

Summary of Significant Accoun17

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
Interim Unaudited Condensed Consolidated Financial Information	Interim Unaudited Condensed Consolidated Financial Information
Use of Estimates	Use of Estimates—
Cash and Cash Equivalents	Cash and Cash Equivalents
Accounts Receivable and Allowance for Doubtful Accounts	Accounts Receivable and Allowance for Doubtful Accounts
Financial Instruments and Concentration of Credit Risk	Financial Instruments and Concentration of Credit Risk The Company has not experienced any material losses related to receivables from individual customers, geographic regions or groups of customers. As of June 30, 2015 and December 31, 2014 and for the six months ended June 30, 2015 and 2014 the Company had the following customers that accounted for 10% of total revenue and/or total accounts receivables: Revenue Accounts Receivable Customers Six Months Ended June 30, 2015 Six Months Ended June 30, 2014 As of June 30, 2015 As of December 31, 2014 A 11.7 % 9.7 % 11.6 % 15.2 % B 13.1 % 10.1 % 5.4 % 4.3 %
Revenue Recognition	Revenue Recognition— a) Software Automation Solutions Fees Contractual terms for the delivery and ongoing support of the Company’s software automation solutions generally consist of multiple components including: (a) software license fees (non-hosted arrangements), (b) software maintenance fees, (c) software usage fees, (d) professional services fees, (e) hosting fees and (f) production support fees. Software license fees represent amounts paid for the right to use the solution. Software usage fees represent amounts paid to cover only a specific period of time, after which usage and access rights expire. Software maintenance fees typically accompany software license fees and represent amounts paid for the right to receive commercially available updates and upgrades to the solution. Professional services fees represent amounts charged for services performed in connection with the configuration, integration and implementation of the solutions in accordance with customer specifications. Hosting fees represent fees related to post implementation hosting and monitoring of the solution. Production support fees are charged for the ongoing rate, benefits and related content management of the platform. The Company’s contracts with its customers typically bundle multiple services and are generally priced on a fixed fee basis. The term over which the Company is committed to deliver these services can range from several months to several years. The majority of the Company’s software automation solution services sold in the Enterprise/Commercial and Medicare segments and a portion of the Private Exchange segment are arrangements in which the Company hosts the web-based software automation solution and the customer pays a fee for access to and usage of the web-based software. The ownership of the technology and rights to the related code of such hosted web-based software remain with the Company and a customer has no contractual right to take possession of the software and run it on its own hardware platform. These arrangements are referred to as hosted arrangements and are accounted for as software-as-a-service under ASC 605, Revenue Recognition. A small percentage of the Company’s software automation solutions, sold primarily in the Enterprise/State segment, are arrangements in which the software is not hosted on the Company’s infrastructure. These arrangements include the licensed use of the software and are subject to accounting under ASC 985, Software Revenue Recognition. For all arrangements (whether hosted or non-hosted) that include multiple elements, the Company evaluates each element in an arrangement to determine whether it represents a separate unit of accounting. An element constitutes a separate unit of accounting when the delivered item has standalone value and delivery of the undelivered element is probable. Elements generally include implementation services, software licensing or usage fees and maintenance or other services. Accounting guidance for multiple element arrangements containing hosted software provide a hierarchy to use when determining the relative selling price for each unit of accounting. Vendor-specific objective evidence (VSOE) of selling price, based on the price at which the item is regularly sold by the vendor on a standalone basis, should be used if it exists. If VSOE of selling price is not available, third-party evidence of selling price is used to establish the selling price if it exists. If VSOE and third-party evidence do not exist, the Company allocates the arrangement fee to the separate units of accounting based on its best estimate of selling price. For hosted arrangements with multiple elements that are separate units of accounting, VSOE and third- party evidence do not currently exist and accordingly, the Company allocates the arrangement fee to the separate units of accounting based on management’s best estimate of selling price, when available. The Company determines its best estimate of selling price for services based on its overall pricing objectives, taking into consideration market conditions and customer-specific factors and by reviewing historical data related to sales of the Company’s services. Hosted arrangement revenue is recognized as follows by revenue element: • Software usage fees and hosting fees • Professional services for new customer software solution implementation • Professional services for modifications to existing customer software solutions • Production support fees Multiple deliverable arrangements accounting guidance for non-hosted arrangements provide an allocation of revenue to the separate elements based upon VSOE. To date, the elements of the Company’s non-hosted arrangements, whereby the customers take possession of the software, have not been sold separately. Therefore, the contractual consideration for a delivered element for the non-hosted arrangements does not qualify as a separate unit of accounting as VSOE does not currently exist for any element of the Company’s non-hosted arrangements. Accordingly, the delivered elements are combined with the other consideration for the remaining undelivered elements as a single unit of accounting. Revenue for non-hosted arrangements is recognized once all elements are delivered over the longer of the customer contract or expected customer relationship. b) Broker Multi-Payer Quoting Platform Fees The Company provides an online quoting platform service to insurance brokers through its Private Exchange segment. The Company charges the brokers a monthly fee for access to the service. Revenue from the access fees is recognized in the period that the service is provided. c) Government Cost-Plus-Fixed-Fee The Company uses a percentage-of-completion method of accounting for its federal government contract in its Medicare segment. Costs incurred to date are compared to total estimated project costs and revenue is recognized in proportion to costs incurred. The Company periodically evaluates the actual status of the project to ensure that the estimated cost to complete each contract remains accurate and estimated losses, if any, are recognized in the period in which such losses are determined. There was no unbilled revenue as of the consolidated balance sheet dates, relating to the government contract. d) Commissions Within the Private Exchange segment, the Company earns commissions on annual employee enrollments in which the Company’s health plan network and software solutions are used in connection with each enrollment. Commissions are recorded in the period the enrollment is completed.
Cost of Revenue	Cost of Revenue
Deferred Implementation Costs	Deferred Implementation Costs
Stock-Based Compensation	Stock-Based Compensation
Comprehensive Loss	Comprehensive Loss
Income Taxes	Income Taxes—
Basic and Diluted Net Loss Per Common Share	Basic and Diluted Net Loss Per Common Share Under the two-class method, for periods with net income, basic net income per common share is computed by dividing the net income attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period. Net income attributable to common stockholders is computed by subtracting from net income the portion of current year earnings that the participating securities would have been entitled to receive pursuant to their dividend rights had all of the year’s earnings been distributed. No such adjustment to earnings is made during periods with a net loss, as the holders of the participating securities have no obligation to fund losses. Due to net losses for the three and six months ended June 30, 2015 and 2014, basic and diluted loss per share were the same, as the effect of potentially dilutive securities would have been anti-dilutive.
New Accounting Standards	New Accounting Standards Revenue From Contracts With Customers (Topic 606) In April 2015, the FASB issued ASU No. 2015-3, Interest - Imputation of Interest: Simplifying the Presentation of Debt Issuance Costs In May 2015, the FASB issued ASU No. 2015-05, Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement

Summary of Significant Accoun18

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Summary of Concentration of Risk	The Company has not experienced any material losses related to receivables from individual customers, geographic regions or groups of customers. As of June 30, 2015 and December 31, 2014 and for the six months ended June 30, 2015 and 2014 the Company had the following customers that accounted for 10% of total revenue and/or total accounts receivables: Revenue Accounts Receivable Customers Six Months Ended June 30, 2015 Six Months Ended June 30, 2014 As of June 30, 2015 As of December 31, 2014 A 11.7 % 9.7 % 11.6 % 15.2 % B 13.1 % 10.1 % 5.4 % 4.3 %

Net Loss Per Common Share (Tabl

Net Loss Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Summary of Anti-Dilutive Securities Excluded From Calculation of Weighted-Average Common Shares Outstanding	The following common share equivalent securities have been excluded from the calculation of weighted-average common shares outstanding because the effect is anti-dilutive for the periods presented: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Anti-Dilutive Common Share Equivalents Redeemable convertible preferred stock — 14,861,539 — 14,861,539 Restricted stock units 131,813 — 44,734 — Stock options 1,170,373 1,368,715 1,165,980 1,379,337 Total anti-dilutive common share equivalents 1,302,186 16,230,254 1,210,714 16,240,876
Summary of Basic and Diluted Net Loss Per Common Share	Basic and diluted net loss per common share is calculated as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Numerator: Net loss $ (4,259 ) $ (5,438 ) $ (9,358 ) $ (12,071 ) Less: Preferred stock dividends — 962 — 1,937 Net loss attributable to common stock $ (4,259 ) $ (6,400 ) $ (9,358 ) $ (14,008 ) Denominator: Weighted-average common shares outstanding, basic and diluted 21,710,951 184,051 21,703,483 184,051 Net loss per common share, basic and diluted $ (0.20 ) $ (34.77 ) $ (0.43 ) $ (76.11 )

Goodwill and Other Intangible20

Goodwill and Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Goodwill consists of following as of June 30, 2015 and December 31, 2014: Total Enterprise/ Enterprise/ State Medicare Private Exchange $ 26,779 $ 7,732 $ — $ 14,711 $ 4,336
Schedule of Other Intangible Assets	Other Intangibles Assets Useful Lives - In Years Gross Carrying Value Accumulated Amortization Net Carrying Value Customer Relationship 3-10 $ 7,298 $ (1,986 ) $ 5,312 Covenants Not to Compete 2.5-5 800 (777 ) 23 Acquired Technology 3-5 11,792 (6,416 ) 5,376 Trademarks 10 2,800 (688 ) 2,112 Software 3 1,742 (1,245 ) 497 $ 24,432 $ (11,112 ) $ 13,320 Other intangible assets consist of the following at December 31, 2014: Useful Lives - Gross Accumulated Net Carrying Customer Relationship 3-10 $ 7,298 $ (1,625 ) $ 5,673 Covenants Not to Compete 2.5-5 800 (627 ) 173 Acquired Technology 3-5 11,792 (5,266 ) 6,526 Trademarks 10 2,800 (548 ) 2,252 Software 3 1,699 (973 ) 726 $ 24,389 $ (9,039 ) $ 15,350
Summary of Estimated Future Amortization Expense	Estimated future amortization expense for the Company’s intangible assets is as follows: Year Ending December 31 Amount Remainder of 2015 $ 1,947 2016 3,272 2017 3,086 2018 1,088 2019 1,000 2020 1,000 thereafter 1,927 Total future amortization expense $ 13,320

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Summary of Capital Lease Obligations	As of June 30, 2015 and December 31, 2014, capital lease obligations consisted of the following: 2015 2014 7.98% lease obligation on ERP software, expiring July 2016, payable in variable monthly installments $ 194 $ 411 Various lease obligations on computer equipment and office furniture, expiring April 2017, payable in fixed monthly installments bearing interest of 3.7% to 11.8% 129 156 323 567 Less current maturities (257 ) (418 ) Long-term portion $ 66 $ 149
Schedule of Future Minimum Capital Lease Payments	Future minimum capital lease payments are as follows: Years Ended December 31 Amount Remainder of 2015 $ 220 2016 94 2017 and thereafter 35 349 Less amount representing interest (26 ) Total 323
Schedule of Leased Software Asset	The leased software asset is included in other intangible assets—net, in the accompanying June 30, 2015 and December 31, 2014, consolidated balance sheets as follows: 2015 2014 ERP Software $ 1,232 $ 1,232 Less accumulated amortization (958 ) (753 ) Total $ 274 $ 479

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Debt	2015 2014 Senior term loans $ 19,688 $ 20,250 Senior revolving credit facility 357 354 Subordinated loans 29,531 32,456 49,576 53,060 Less: current maturities of debt (1,482 ) (4,479 ) Long-term debt $ 48,094 $ 48,581

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Activity	Stock Options Number of Options Average Price (a) Average Life (Years) (b) Aggregate Intrinsic Value (in 000s) Outstanding - January 1, 2014 1,840,054 $ 1.905 8.72 Forfeited (52,036 ) $ 1.716 Granted 95,400 $ 2.268 Outstanding - June 30, 2014 1,883,418 $ 1.929 7.91 Outstanding - January 1, 2015 1,838,082 $ 1.931 7.39 $ 13,012 Excercised (c) (134,282 ) $ 1.829 Granted 508,400 $ 11.370 Outstanding - June 30, 2015 2,212,200 $ 4.106 7.99 $ 14,277 Exercisable - June 30, 2015 1,290,002 $ 1.903 7.25 $ 11,167 (a) Weighted-average exercise price (b) Weighted-average contractual life remaining (c) The aggregate intrinsic value of exercised options, using the average stock price during the period, was $1,119.
Schedule of Significant Weighted Average Assumptions Used for Estimating Fair Value of Options Issued	The following are significant weighted average assumptions used for estimating the fair value of options issued during the six months ended June 30, 2015 and 2014 under the Company’s stock option plans: Six Months Ended, June 30, 2015 2014 Common stock share value $ 11.37 $ 18.12 Excepted life (years) 5.13 5.75 Volatility 50.00 % 50.33 % Interest rate 1.46 % 2.03 % Dividend yield 0.00 % 0.00 %
Schedule of Restricted Stock Activity	Restricted Stock Units (RSUs) Six Months Ended, June 30, 2015 Shares Fair Value Price per Share* Outstanding - Beginning — $ — Granted 515,250 10.80 Forfeited (6,000 ) 11.37 Vested (16,500 ) 9.83 Outstanding - Ending 492,750 $ 10.83 * Weighted-average grant value

Segments of Business (Tables)

Segments of Business (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Summary of Segment Information	The following reflects the revenue and operating results of the Company’s reportable segments: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenue from external customers by segment: Enterprise/Commercial $ 13,878 $ 9,438 $ 24,863 $ 17,960 Enterprise/State 3,919 4,608 8,210 7,086 Medicare 4,210 4,001 8,193 7,900 Private Exchange 1,386 1,154 2,775 2,305 Consolidated revenue $ 23,393 $ 19,201 $ 44,041 $ 35,251 Gross margin by segment: Enterprise/Commercial $ 4,876 $ 1,972 $ 9,799 $ 2,454 Enterprise/State 1,811 2,054 3,525 2,148 Medicare 2,332 2,388 4,608 4,823 Private Exchange 355 — 769 472 Consolidated gross margin $ 9,374 $ 6,414 $ 18,701 $ 9,897 Consolidated operating expenses: Research and development $ 6,056 $ 4,585 $ 12,584 $ 8,685 Sales and marketing 2,302 1,903 5,185 3,709 General and administrative 3,858 3,244 7,463 6,351 Total consolidated operating expenses $ 12,216 $ 9,732 $ 25,232 $ 18,745 Consolidated loss from operations ($ 2,842 ) ($ 3,318 ) ($ 6,531 ) ($ 8,848 ) Depreciation and amortization by segment: Enterprise/Commercial $ 134 $ 154 $ 271 $ 296 Enterprise/State 24 27 48 64 Medicare 640 641 1,281 1,285 Private Exchange 237 227 469 443 Corporate 245 234 481 466 Consolidated depreciation and amortization $ 1,280 $ 1,283 $ 2,550 $ 2,554
Schedule of Identifiable Assets by Segment	The following are identifiable assets by segment as of June 30, 2015 and December 31, 2014: As of June 30, 2015 As of December 31, 2014 Identifiable assets by segment: Enterprise/Commercial $ 32,688 $ 32,749 Enterprise/State 4,422 6,349 Medicare 27,449 28,314 Private Exchange 8,396 10,107 Corporate 15,496 34,825 Consolidated assets $ 88,451 $ 112,344

Summary of Significant Accoun25

Summary of Significant Accounting Policies - Additional Information (Detail) - Jun. 30, 2015 $ in Thousands	USD ($)Source
Accounting Policies [Abstract]
Interest-bearing amounts on deposit in excess of federally insured limits | $	$ 9,800
Customer payment period	30 days
Number of revenue's sources	4

Summary of Significant Accoun26

Summary of Significant Accounting Policies - Summary of Concentration of Risk (Detail)	6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Customer A [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration risk percentage	11.70%	9.70%
Customer A [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk percentage	11.60%		15.20%
Customer B [Member] | Revenue [Member]
Concentration Risk [Line Items]
Concentration risk percentage	13.10%	10.10%
Customer B [Member] | Accounts Receivable [Member]
Concentration Risk [Line Items]
Concentration risk percentage	5.40%		4.30%

Net Loss Per Common Share - Sum

Net Loss Per Common Share - Summary of Anti-Dilutive Securities Excluded From Calculation of Weighted-Average Common Shares Outstanding (Detail) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-Dilutive Common Share Equivalents	1,302,186	16,230,254	1,210,714	16,240,876
Redeemable Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-Dilutive Common Share Equivalents		14,861,539		14,861,539
Restricted Stock Units (RSUs) [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-Dilutive Common Share Equivalents	131,813		44,734
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-Dilutive Common Share Equivalents	1,170,373	1,368,715	1,165,980	1,379,337

Net Loss Per Common Share - S28

Net Loss Per Common Share - Summary of Basic and Diluted Net Loss Per Common Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Numerator:
Net loss	$ (4,259)	$ (5,438)	$ (9,358)	$ (12,071)
Less: Preferred stock dividends		962		1,937
Net loss attributable to common stock	$ (4,259)	$ (6,400)	$ (9,358)	$ (14,008)
Denominator:
Weighted-average common shares outstanding, basic and diluted	21,710,951	184,051	21,703,483	184,051
Net loss per common share, basic and diluted	$ (0.20)	$ (34.77)	$ (0.43)	$ (76.11)

Goodwill and Other Intangible29

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]
Accumulated goodwill impairments	$ 0		$ 0		$ 0
Amortization expense	$ 1,041,000	$ 1,030,000	$ 2,073,000	$ 2,062,000

Goodwill and Other Intangible30

Goodwill and Other Intangible Assets - Schedule of Goodwill (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
GOODWILL	$ 26,779	$ 26,779
Enterprise/Commercial [Member]
Finite-Lived Intangible Assets [Line Items]
GOODWILL	7,732	7,732
Medicare [Member]
Finite-Lived Intangible Assets [Line Items]
GOODWILL	14,711	14,711
Private Exchange [Member]
Finite-Lived Intangible Assets [Line Items]
GOODWILL	$ 4,336	$ 4,336

Goodwill and Other Intangible31

Goodwill and Other Intangible Assets - Schedule of Other Intangible Assets (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 24,432	$ 24,389
Accumulated Amortization	(11,112)	(9,039)
Net Carrying Value	13,320	15,350
Customer Relationship [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	7,298	7,298
Accumulated Amortization	(1,986)	(1,625)
Net Carrying Value	5,312	5,673
Covenants Not to Complete [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	800	800
Accumulated Amortization	(777)	(627)
Net Carrying Value	23	173
Acquired Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	11,792	11,792
Accumulated Amortization	(6,416)	(5,266)
Net Carrying Value	$ 5,376	$ 6,526
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	10 years	10 years
Gross Carrying Value	$ 2,800	$ 2,800
Accumulated Amortization	(688)	(548)
Net Carrying Value	$ 2,112	$ 2,252
Software [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	3 years	3 years
Gross Carrying Value	$ 1,742	$ 1,699
Accumulated Amortization	(1,245)	(973)
Net Carrying Value	$ 497	$ 726
Minimum [Member] | Customer Relationship [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	3 years	3 years
Minimum [Member] | Covenants Not to Complete [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	2 years 6 months	2 years 6 months
Minimum [Member] | Acquired Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	3 years	3 years
Maximum [Member] | Customer Relationship [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	10 years	10 years
Maximum [Member] | Covenants Not to Complete [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	5 years	5 years
Maximum [Member] | Acquired Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Useful lives - In Years	5 years	5 years

Goodwill and Other Intangible32

Goodwill and Other Intangible Assets - Summary of Estimated Future Amortization Expense (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remainder of 2015	$ 1,947
2,016	3,272
2,017	3,086
2,018	1,088
2,019	1,000
2,020	1,000
thereafter	1,927
Total future amortization expense	$ 13,320	$ 15,350

Commitments and Contingencies -

Commitments and Contingencies - Summary of Capital Lease Obligations (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other Commitments [Line Items]
Capital lease obligations	$ 323	$ 567
Less current maturities	(257)	(418)
Long-term portion	66	149
ERP Software [Member]
Other Commitments [Line Items]
Capital lease obligations	194	411
Computer Equipment and Office Furniture [Member]
Other Commitments [Line Items]
Capital lease obligations	$ 129	$ 156

Commitments and Contingencies34

Commitments and Contingencies - Summary of Capital Lease Obligations (Parenthetical) (Detail) - 6 months ended Jun. 30, 2015	Total
ERP Software [Member]
Other Commitments [Line Items]
Capital lease expiring date	Jul. 31, 2016
Capital lease interest rate	7.98%
Computer Equipment and Office Furniture [Member]
Other Commitments [Line Items]
Capital lease expiring date	Apr. 30, 2017
Computer Equipment and Office Furniture [Member] | Minimum [Member]
Other Commitments [Line Items]
Capital lease interest rate	3.70%
Computer Equipment and Office Furniture [Member] | Maximum [Member]
Other Commitments [Line Items]
Capital lease interest rate	11.80%

Commitments and Contingencies35

Commitments and Contingencies - Schedule of Future Minimum Capital Lease Payments (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Remainder of 2015	$ 220
2,016	94
2017 and thereafter	35
Future minimum capital lease payments, Gross	349
Less amount representing interest	(26)
Total	$ 323

Commitment and Contingencies -

Commitment and Contingencies - Schedule of Leased Software Asset (Detail) - Software [Member] - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Other Commitments [Line Items]
ERP Software	$ 1,232	$ 1,232
Less accumulated amortization	(958)	(753)
Total	$ 274	$ 479

Commitments and Contingencies37

Commitments and Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	Feb. 10, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Jan. 15, 2013
Loss Contingencies [Line Items]
Letter of credit, as security for leased property		$ 200		$ 200		$ 200
DRX Seller Note [Member]
Loss Contingencies [Line Items]
Indemnification claim settlement amount	$ (100)
Debt instrument principal amount	$ 3,000						$ 3,000
Office Building [Member]
Loss Contingencies [Line Items]
Operating leases expire date				Through 2,025
Operating leases rent expense		437	$ 383	$ 862	$ 766
Software [Member]
Loss Contingencies [Line Items]
Amortization expense of software asset		$ 102	$ 103	$ 205	$ 206

Debt - Schedule of Debt (Detail

Debt - Schedule of Debt (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Senior term loans	$ 19,688	$ 20,250
Senior revolving credit facility	357	354
Subordinated loans	29,531	32,456
Total long-term debt	49,576	53,060
Total long-term debt	49,576	53,060
Less: current maturities of debt	(1,482)	(4,479)
LONG-TERM DEBT	$ 48,094	$ 48,581

Debt - Additional Information (

Debt - Additional Information (Detail) - Jun. 30, 2015 - USD ($)	Total
Senior Term Loans [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity of credit facility	$ 22,500,000
Quarterly principal payments of term loans	$ 281,000
Interest rate on outstanding debt	6.52%
Senior Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Maximum borrowing capacity of credit facility	$ 10,000,000
Revolving credit facility maturity date	Jan. 15, 2018
Interest rate on outstanding debt	8.25%

Debt (Subordinated Loans) - Add

Debt (Subordinated Loans) - Additional Information (Detail) $ in Thousands	Dec. 29, 2014USD ($)	May. 29, 2014USD ($)RelatedParty	Mar. 18, 2013USD ($)	Jan. 15, 2013USD ($)	Jun. 30, 2015USD ($)Parties	Jun. 30, 2014USD ($)	Feb. 10, 2015USD ($)	Dec. 31, 2014USD ($)
Debt Instrument [Line Items]
Proceeds from issuance of promissory note						$ 20,767
Debt instrument, outstanding balance					$ 29,531			$ 32,456
Number of related party which financing acquired | Parties					2
THL Note [Member]
Debt Instrument [Line Items]
Proceeds from issuance of promissory note			$ 30,000
Debt instrument original issue discount			$ 683
Debt instrument maturity date					Jul. 15, 2018
Debt instrument, interest rate					12.00%
Debt instrument, outstanding balance					$ 29,531
DRX Seller Note [Member]
Debt Instrument [Line Items]
Debt instrument maturity date				Jan. 15, 2015
Debt instrument principal amount				$ 3,000			$ 3,000
Debt instrument annual interest rate				8.00%
Indemnification Claim settlement amount					(100)
Debt instrument principal payment					2,900
Debt instrument interest payment					$ 480
Related Party Bridge Loan [Member]
Debt Instrument [Line Items]
Debt instrument, outstanding balance		$ 1,250
Debt instrument term		1 year
Number of related party which financing acquired | RelatedParty		2
Debt instrument annual interest rate		14.00%
Debt instrument exit fee payable						$ 625
Repayments of debt	$ 1,250
Accrued interest amount	$ 105

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ in Thousands	Apr. 29, 2015	Jan. 23, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense			$ 1,169	$ 362	$ 1,886	$ 707
Unrecognized compensation costs			$ 7,300		$ 7,300
Approximate vesting period for unvested awards					3 years
Stock options, vesting period					3 years
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, granted	326,000	156,250			515,250
Number of stock granted aggregate grant date fair value	$ 3,707	$ 1,536
Approximate vesting period for unvested awards	3 years
Restricted Stock Units (RSUs) [Member] | Non-Employee Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, granted		33,000
Number of stock granted aggregate grant date fair value		$ 324

Stock-Based Compensation - Summ

Stock-Based Compensation - Summary of Stock Option Activity (Detail) - USD ($) $ / shares in Units, $ in Thousands	Jan. 01, 2015	Jan. 01, 2014	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Options Outstanding, Beginning balance	1,838,082	1,840,054	1,838,082	1,840,054
Number of Options exercised			(134,282)
Number of Options forfeited				(52,036)
Number of Options granted			508,400	95,400
Number of Options Outstanding, Ending balance			2,212,200	1,883,418
Number of Options Exercisable			1,290,002
Weighted Average Exercise Price Outstanding, Beginning balance	$ 1.931	$ 1.905	$ 1.931	$ 1.905
Weighted Average Exercise Price, Option exercised			1.829
Weighted Average Exercise Price, Option forfeited				1.716
Weighted Average Exercise Price, Option granted			11.370	2.268
Weighted Average Exercise Price Outstanding, Ending balance			4.106	$ 1.929
Weighted Average Exercise Price, Exercisable			$ 1.903
Average Life, Outstanding	7 years 4 months 21 days	8 years 8 months 19 days	7 years 11 months 27 days	7 years 10 months 28 days
Average Life, Exercisable			7 years 3 months
Aggregate Intrinsic Value, Outstanding, Beginning balance	$ 13,012		$ 13,012
Aggregate Intrinsic Value, Outstanding, Ending balance			14,277
Aggregate Intrinsic Value, Exercisable			$ 11,167

Stock-Based Compensation - Su43

Stock-Based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Aggregate intrinsic value, exercised	$ 1,119

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Significant Weighted Average Assumptions Used for Estimating Fair Value of Options Issued (Detail) - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Common stock share value	$ 11.37	$ 18.12
Excepted life (years)	5 years 1 month 17 days	5 years 9 months
Volatility	50.00%	50.33%
Interest rate	1.46%	2.03%
Dividend yield	0.00%	0.00%

Stock-Based Compensation - Sc45

Stock-Based Compensation - Schedule of Restricted Stock Activity (Detail) - Restricted Stock Units (RSUs) [Member] - $ / shares	Apr. 29, 2015	Jan. 23, 2015	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares Outstanding Beginning Balance			0
Shares Granted	326,000	156,250	515,250
Shares Forfeited			(6,000)
Shares Vested			(16,500)
Shares Outstanding Ending Balance			492,750
Fair Value Price per Share Outstanding Beginning Balance			$ 0
Fair Value Price per Share Granted			10.80
Fair Value Price per Share Forfeited			11.37
Fair Value Price per Share Vested			9.83
Fair Value Price per Share Outstanding Ending Balance			$ 10.83

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Less Than [Member]
Valuation Allowance [Line Items]
Effective tax benefit (provision) rate	1.00%	1.00%	1.00%	1.00%

Related Parties - Additional In

Related Parties - Additional Information (Detail) $ in Thousands	Feb. 10, 2015USD ($)	Jun. 30, 2015USD ($)Parties	Jun. 30, 2014USD ($)	Jan. 15, 2013USD ($)
Related Party Transaction [Line Items]
Number of related party in which interest was paid | Parties		2
DRX Seller Note [Member]
Related Party Transaction [Line Items]
Indemnification claim settlement amount	$ (100)
Debt instrument principal amount	$ 3,000			$ 3,000
Debt instrument principal payment		$ 2,900
Debt instrument interest payment		$ 480
Subordinated Term Note [Member]
Related Party Transaction [Line Items]
Due to related party			$ 1,250

Segments of Business - Addition

Segments of Business - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2015Segments
Segment Reporting [Abstract]
Number of reportable segments	4

Segments of Business - Summary

Segments of Business - Summary of Unallocated Corporate Expenses and Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Consolidated revenue	$ 23,393	$ 19,201	$ 44,041	$ 35,251
Consolidated gross margin	9,374	6,414	18,701	9,897
Research and development	6,056	4,585	12,584	8,685
Sales and marketing	2,302	1,903	5,185	3,709
General and administrative	3,858	3,244	7,463	6,351
Total consolidated operating expenses	12,216	9,732	25,232	18,745
Consolidated loss from operations	(2,842)	(3,318)	(6,531)	(8,848)
Consolidated depreciation and amortization	1,280	1,283	2,550	2,554
Enterprise/Commercial [Member]
Segment Reporting Information [Line Items]
Consolidated revenue	13,878	9,438	24,863	17,960
Consolidated gross margin	4,876	1,972	9,799	2,454
Enterprise/State [Member]
Segment Reporting Information [Line Items]
Consolidated revenue	3,919	4,608	8,210	7,086
Consolidated gross margin	1,811	2,054	3,525	2,148
Medicare [Member]
Segment Reporting Information [Line Items]
Consolidated revenue	4,210	4,001	8,193	7,900
Consolidated gross margin	2,332	2,388	4,608	4,823
Private Exchange [Member]
Segment Reporting Information [Line Items]
Consolidated revenue	1,386	1,154	2,775	2,305
Consolidated gross margin	355	0	769	472
Operating Segments [Member] | Enterprise/Commercial [Member]
Segment Reporting Information [Line Items]
Consolidated depreciation and amortization	134	154	271	296
Operating Segments [Member] | Enterprise/State [Member]
Segment Reporting Information [Line Items]
Consolidated depreciation and amortization	24	27	48	64
Operating Segments [Member] | Medicare [Member]
Segment Reporting Information [Line Items]
Consolidated depreciation and amortization	640	641	1,281	1,285
Operating Segments [Member] | Private Exchange [Member]
Segment Reporting Information [Line Items]
Consolidated depreciation and amortization	237	227	469	443
Corporate [Member]
Segment Reporting Information [Line Items]
Consolidated depreciation and amortization	$ 245	$ 234	$ 481	$ 466

Segments of Business - Schedule

Segments of Business - Schedule of Identifiable Assets by Segment (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Consolidated assets	$ 88,451	$ 112,344
Operating Segments [Member] | Enterprise/Commercial [Member]
Segment Reporting Information [Line Items]
Consolidated assets	32,688	32,749
Operating Segments [Member] | Enterprise/State [Member]
Segment Reporting Information [Line Items]
Consolidated assets	4,422	6,349
Operating Segments [Member] | Medicare [Member]
Segment Reporting Information [Line Items]
Consolidated assets	27,449	28,314
Operating Segments [Member] | Private Exchange [Member]
Segment Reporting Information [Line Items]
Consolidated assets	8,396	10,107
Corporate [Member]
Segment Reporting Information [Line Items]
Consolidated assets	$ 15,496	$ 34,825