Audit 305096

Accounting Policies: 1. The accompanying schedule of expenditures of federal awards (Schedule) includes the federal award activity of Phoebe Putney Health System, Inc. (Corporation) under programs of the federal government for the year ended July 31, 2023. The information in this Schedule is presented in accordance with 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 Corporation, it is not intended to and does not present the financial position, results of operations, changes in net assets, or cash flows of the Corporation. 2. Expenditures reported on the Schedule are reported on the accrual basis of accounting which is consistent with the preparation of the Corporation’s consolidated financial statements. 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. The Provider Relief Fund (PRF) amounts reported on the Schedule represent the amounts reported to the U.S. Department of Health and Human Services HRSA Reporting Portal for Periods 4 and 5 as specified in the OMB Compliance Supplement. 3. The Corporation did not have any non-cash awards during the fiscal year. 4. There were no awards passed through to subrecipients 5. The Corporation has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.