Notes to SEFA
Title: 1. Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, with exception of expenditures associated with the U.S. Department of Health and Human Services (HHS) Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF). 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. PRF expenditures are reported based upon PRF reports required to be submitted to the Health Resources and Services Administration (HRSA) reporting portal.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Mercer County Joint Township Community Hospital (the Organization) under programs of the federal government for the year ended March 31, 2023. 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 the Organization, it is not intended to and does not present the financial position, changes in net position or cash flows of the Organization.
Title: 3. Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution - Assistance Listing Number 93.498
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, with exception of expenditures associated with the U.S. Department of Health and Human Services (HHS) Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF). 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. PRF expenditures are reported based upon PRF reports required to be submitted to the Health Resources and Services Administration (HRSA) reporting portal.
De Minimis Rate Used: N
Rate Explanation: The Organization has not elected to use the 10% de minimis indirect cost rate.
For the U.S. Department of Health and Human Services Health Resources and Services Administration (HHS) award related to the PRF program, HHS has indicated the amounts on the Schedule be reported corresponding to reporting requirements of the Health Resources and Services Administration (HRSA) PRF Reporting Portal. Payments from HHS for PRF are assigned to 'Payment Received Periods' (each, a Period) based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing of reporting requirements. Entities report into the HRSA PRF Reporting Portal after each Period's deadline to use the funds (i.e., after the end of the Period of Availability).
The Schedule includes $2,106,516 of funding (including $5,554 of interest earned) from the HHS between July 1, 2021, through December 31, 2021. In accordance with guidance from the HHS, these amounts are presented on the Schedule as Period 4. The Organization did not receive funds from January 1, 2021 to June 30, 2021. Such amounts were recognized as a component of Federal and State Awards Revenue and Other Income (losses) in the Organization's consolidated financial statements in the amounts of $2,106,519 for the year ended March 31, 2022.
The Schedule includes the following entities that received the Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution program:
Legal Entity Name Tax Identification Number
Mercer County Joint Township Community Hospital 341101385
Medical and Educational Development Foundation Physicians Corporation 341957399