Audit 2289

Title: NOTE 1. BASIS OF PRESENTATION Accounting Policies: NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. 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. De Minimis Rate Used: N Rate Explanation: NOTE 3. INDIRECT COST RATE MedLink Georgia, Inc. has elected not to use the 10% de minimis cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of MedLink Georgia, Inc. under programs of the federal government for the year ended March 31, 2023. The information in the 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 MedLink Georgia, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of MedLink Georgia, Inc.

Title: NOTE 4. LOANS OUTSTANDING Accounting Policies: NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule are reported on the accrual basis of accounting. 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. De Minimis Rate Used: N Rate Explanation: NOTE 3. INDIRECT COST RATE MedLink Georgia, Inc. has elected not to use the 10% de minimis cost rate as allowed under the Uniform Guidance. MedLink Georgia, Inc. has received two U.S. Department of Agriculture Community Facility loans. The loan balances outstanding at the beginning of the year (or the original amount borrowed during the current fiscal year) is included in the federal expenditures presented in the Schedule. MedLink Georgia, Inc. had the following balances outstanding on the loans at March 31, 2023: Program Title Outstanding Assistance Listing Number Amount U.S. Department of Agriculture Community Facility Loan Colbert Facility 10.766 $ 1,993,472 Habersham Facility 10.766 1,207,420 Total $ 3,200,892