Notes to SEFA
Accounting Policies: NOTE 1. SIGNIFICANT ACCOUNTING POLICIES AND BASIS OF PRESENTATIONThe accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal award transactions of United Health Services Hospitals, Inc. (the Company) reported on the accrual basis of accounting. 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). In accordance with these requirements, certain grants are not dependent on the Companys expenditure activity and, accordingly, are considered to be expended in the fiscal year of receipt. The amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the Schedule presents only a selected portion of the operations of the Company, it is not intended to and does not present the financial position, change in net assets or cash flows of the Company.Subsequent Events The schedule and related disclosures include evaluation of events through September 29, 2023, which is the date the schedule was available to be issued.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.