Title: Summary of Significant Accounting Policies
Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Eastern Maine Healthcare Systems d/b/a Northern Light Health under programs of the federal government for the year ended September 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Northern Light Health, it is not intended to, and does not, present the consolidated financial position, changes in net assets, or cash flows of Northern Light Health.
De Minimis Rate Used: N
Rate Explanation: Northern Light Health and Northern Light Eastern Maine Medical Center have elected not to use the 10% de minimis indirect cost rate. All other member organizations presented in the Schedule have elected to use the 10% de minimis indirect cost rate.
Expenditures reported in the Schedule are reported on the accrual basis of accounting. For grants awarded to Northern Light Health, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. For grants awarded to affiliated member hospitals, such expenditures are recognized following the cost principles contained in 45 CFR Part 75 Appendix IX Principles for Determining Costs Applicable to Research and Development Under Grants and Contracts with Hospitals, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
Title: Program Cluster
Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Eastern Maine Healthcare Systems d/b/a Northern Light Health under programs of the federal government for the year ended September 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Northern Light Health, it is not intended to, and does not, present the consolidated financial position, changes in net assets, or cash flows of Northern Light Health.
De Minimis Rate Used: N
Rate Explanation: Northern Light Health and Northern Light Eastern Maine Medical Center have elected not to use the 10% de minimis indirect cost rate. All other member organizations presented in the Schedule have elected to use the 10% de minimis indirect cost rate.
The research and development program is treated as a program cluster for audit purposes.
Title: Federal Emergency Management Agencys Project Disclosure
Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Eastern Maine Healthcare Systems d/b/a Northern Light Health under programs of the federal government for the year ended September 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Northern Light Health, it is not intended to, and does not, present the consolidated financial position, changes in net assets, or cash flows of Northern Light Health.
De Minimis Rate Used: N
Rate Explanation: Northern Light Health and Northern Light Eastern Maine Medical Center have elected not to use the 10% de minimis indirect cost rate. All other member organizations presented in the Schedule have elected to use the 10% de minimis indirect cost rate.
Certain eligible expenditures incurred in prior fiscal years are presented on the Schedule for projects approved during the year ended September 30, 2022.
Title: Provider Relief Fund
Accounting Policies: Basis of Presentation - The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Eastern Maine Healthcare Systems d/b/a Northern Light Health under programs of the federal government for the year ended September 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Northern Light Health, it is not intended to, and does not, present the consolidated financial position, changes in net assets, or cash flows of Northern Light Health.
De Minimis Rate Used: N
Rate Explanation: Northern Light Health and Northern Light Eastern Maine Medical Center have elected not to use the 10% de minimis indirect cost rate. All other member organizations presented in the Schedule have elected to use the 10% de minimis indirect cost rate.
During 2020, the U.S. Department of Health and Human Services (HHS) began providing COVID-19 related funding under Assistance Listing (AL) Number 93.498, the Provider Relief Fund (PRF). The funds are to be utilized to offset eligible COVID-19 expenditures and lost revenues related to COVID-19 as defined in the program regulations. Northern Light Health recognized amounts received as the program requirements were met, as shown in the table below by fiscal year-end (FYE). The amounts received and expended are reported in the Schedule according to HHS periods of availability (also known as the "period of performance"). Accordingly, the $85,467,805 expended in "Period 2" (July 1, 2020 to December 31, 2020) and Period 3 (January 1, 2021 to June 30, 2021) is reported on the Schedule for the year ended September 30, 2022. Additional amounts expended are to be reported on the Schedule in future reporting periods. Financial Statement Period; Total PRF Funding Received; Amount Recognized as Revenue; Amount Recognized as Deferred Revenue; Amount Reported on the Schedule FYE 9/30/2020: $88,413,329, $78,638,534, $9,774,795, 0; FYE 9/30/2021: $72,866,131, $82,640,926, $0, $75,329,496; FYE 9/30/2022: $19,422,065, $19,422,065, $0, $85,467,805. The following is a summary of total PRF received by recipient on the Schedule during Periods 2 and 3 (January 1, 2021 June 30, 2021): RECIPIENT; TIN; PRF AMOUNT. Northern Light Acadia Hospital 010459837, $283,176; Northern Light AR Gould Hospital 010372148, $5,153,869; Northern Light Continuing Care, Lakewood 010421234, $587,322; Northern Light Eastern Maine Medical Center 010211501, $60,489,019; Northern Light Laboratory 010381283, $902,818; Northern Light Mercy Hospital 010211534, $17,957,687; Northern Light Pharmacy 272175482, $93,914; Total $85,467,805.