Title: (2) Food and Nutrition Awards (CFDA Number 10.557)
Accounting Policies: The following is a summary of significant accounting policies relating to Yale New Haven Health Services Corporation, d/b/a Yale New Haven Health System and Subsidiaries (the System) federal grant programs.(a)Basis of PresentationThe accompanying supplementary schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the System under programs of the federal government and is presented on the accrual basis of accounting, except for the following grants:?COVID-19 Testing for the Uninsured (ALN 93.461) is based on the date of service performed on or prior to September 30, 2022 and for eligible patients that the System received payments from the U.S. Department of Health and Human Services.?COVID19 Provider Relief Funds (ALN 93.498) represents the total expenditures and/or lost revenues from the Period 2 and Period 3 report submissions to the PRF Reporting Portal. Period 2 is based on payments received from July 1, 2020 through December 31, 2020 with a period of availability of expenses and/or lost revenues from January 1, 2020 through December 31, 2021. Period 3 is based on payments received from January 1, 2021 through June 30, 2021 with a period of availability of expenses and/or lost revenues from January 1, 2020 through June 30, 2022.?COVID-19 Coronavirus Relief Fund (ALN 21.019) includes certain grants whereby the period availability for expenditures and/or lost revenues is for the period March 1, 2020 through September 30, 2022. Such grants were received by the System in fiscal 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). 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. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the Systems consolidated financial statements. Because the Schedule presents only a selected portion of the operations of the System, is it not intended to, and does not, present the consolidated financial position, changes in net assets, or cash flows of the System. (b) Indirect Costs. The System has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.(c) Consolidated Reporting Federal expenditures of the following entities are included in the accompanying Schedule for the year ended September 30, 2022: Yale-New Haven Health Services Corporation $3,374,861 Yale-New Haven Hospital $179,318,227Bridgeport Hospital $35,824,078Greenwich Hospital $13,459,851Lawrence & Memorial Corporation $39,892,907Northeast Medical Group $7,691,025
De Minimis Rate Used: N
Rate Explanation: (b) The System has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
During the year ended September 30, 2022, the System provided nutritional counseling and distribution of food vouchers through the State of Connecticut Department of Public Health Special Supplemental Nutrition Program for Women, Infants, and Children (WIC). The U.S. Department of Agriculture, the federal agency that sponsors the WIC program, has determined that such WIC food instruments are consideredproperty in lieu of money and, therefore, should be reported as federal awards expended by the System. The total amount reported as federal awards on the accompanying Schedule is $5,654,007, representing the value of food vouchers redeemed of $3,913,000 plus administrative costs of $1,741,007.