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                                                                    Exhibit 99.1


               REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS


Board of Directors
U.S. Bank Trust National Association, Trustee


        We have examined the accompanying Management Assertions pertaining to
DVI Receivables Corp. and its wholly owned subsidiary, DVI Business Trust
1998-2, regarding management's compliance with the minimum requirements
identified in the Contribution and Servicing Agreement dated December 1, 1998
(the Agreement), as of June 30, 2000 between DVI Receivables Corp. and DVI
Financial Services Inc. for the periods July 1, 1999 to June 30, 2000. Our
examination was made in accordance with standards established by the American
Institute of Certified Public Accountants and, accordingly, included such
procedures as we considered necessary in the circumstances.

        In our opinion, the Management Assertions referred to above complied
with the minimum requirements as of June 30, 2000, and for the period from July
1, 1999 to June 30, 2000, in conformity with the Agreement.


GRANT THORNTON LLP

/s/GRANT THORNTON LLP
Philadelphia, Pennsylvania
September 26, 2000




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                              MANAGEMENT ASSERTIONS



September 26, 2000
Grant Thornton LLP
Two Commerce Square
Suite 3100
2001 Market Street
Philadelphia, PA  19103



Dear Sir or Madam:

        As of June 30, 2000 and for the period July 1, 1999 to June 30, 2000,
DVI Financial Services, Inc., as Servicer, has complied in all material respects
with the minimum requirements set forth in the Contribution and Servicing
Agreement dated December 1, 1998 between DVI Financial Services, Inc., as
Contributor and Servicer, and DVI Receivables Corp., as reassigned to U.S. Bank
Trust National Association, as Trustee (the "Agreement").

        The following minimum requirements are applicable to the Agreement.

    1.  The Servicer shall maintain with respect to each Contract and each item
        of Equipment, and with respect to each payment by each Obligor and
        compliance by each Obligor with the provisions of each Contract,
        complete and accurate records in such manner and to the same extent as
        the Servicer does with respect to similar contracts held for its own
        account.

    2.  The Servicer shall remit or cause each Lock-box Bank to remit all
        payments received by it on or in respect of any Contract or Equipment
        during such Collection Period into the Collection Account.

    3.  The Servicer will file the UCC financing statements required in the
        Agreement within the time frames set forth therein and thereafter will
        file such additional UCC financing statements and continuation
        statements and assignments in accordance with the provisions of any
        Contract and item of Equipment or otherwise so that the security
        interest in favor of the Trustee in each of the Contracts and the
        related Equipment will be perfected by such filings with the Appropriate
        UCC filing offices.

    4.  The Servicer will cause the Contributor to maintain a general liability
        insurance policy in the aggregate amount of $1,000,000 and an excess
        liability policy in umbrella form in the aggregate of $3,000,000 for a
        total of $4,000,000 of liability insurance.

    5.  The Servicer will require and monitor that each Obligate maintains
        insurance covering damage to, destruction or theft of the Equipment.

    6.  The Servicer shall prepare the Monthly Servicer Report.


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    7.  The Servicer shall cause a firm of independent certified public
        accountants to deliver to the Trustee within 90 days following the end
        of each fiscal year of the Servicer, a written statement to the effect
        that such firm has examined in accordance with generally accepted
        practices samples of the accounts, records, and computer systems of the
        Servicer for the fiscal year ended on the previous June 30 relating to
        the Contracts, that such firm has compared the information contained in
        the Servicer's reports delivered in the relevant periods, and that, on
        the basis of such examination and comparison, such firm is of the
        opinion that the Servicer has, during the relevant period, serviced the
        Contracts in compliance with such servicing procedures, manuals, and
        guides and in the same manner as it services comparable leases for
        itself or others, and that such certificates, accounts, records, and
        computer systems have been properly prepared and maintained in all
        material respects.


    /s/Lisa J. Cruikshank
    ---------------------
    Lisa J. Cruikshank
    Vice President
    DVI Financial Services Inc.
    Jamison, Pennsylvania
    September 26, 2000


    /s/Lisa J. Cruikshank
    ---------------------
    Lisa J. Cruikshank
    Vice President
    DVI Receivables Corp.
    Jamison, Pennsylvania
    September 26, 2000




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