Title: 1. Basis of Presentation and Summary of Significant Accounting Policies
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Tallahassee Memorial HealthCare, Inc. and Subsidiaries (“TMH, Inc.”) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with 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 the federal award activity of TMH, Inc., it is not intended to and does not present the financial position, changes in net assets and cash flows of TMH, Inc. The purpose of the Schedule is to present a summary of those activities of TMH, Inc. for the year ended September 30, 2023, which have been financed by federal awards. The Uniform Guidance provides for a 10% de minimus indirect cost rate election; however, TMH, Inc. did not make this election and uses a negotiated indirect cost rate when charging indirect costs to federal awards. For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly between TMH, Inc. and agencies and departments of the federal government and all sub-awards to TMH, Inc. by non-federal organizations pursuant to federal grants, contracts and similar agreements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Tallahassee Memorial HealthCare, Inc. and Subsidiaries (“TMH, Inc.”) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with 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 the federal award activity of TMH, Inc., it is not intended to and does not present the financial position, changes in net assets and cash flows of TMH, Inc. The purpose of the Schedule is to present a summary of those activities of TMH, Inc. for the year ended September 30, 2023, which have been financed by federal awards. The Uniform Guidance provides for a 10% de minimus indirect cost rate election; however, TMH, Inc. did not make this election and uses a negotiated indirect cost rate when charging indirect costs to federal awards. For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly between TMH, Inc. and agencies and departments of the federal government and all sub-awards to TMH, Inc. by non-federal organizations pursuant to federal grants, contracts and similar agreements.
Title: Department of Health and Human Services Provider Relief Funds
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Tallahassee Memorial HealthCare, Inc. and Subsidiaries (“TMH, Inc.”) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with 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 the federal award activity of TMH, Inc., it is not intended to and does not present the financial position, changes in net assets and cash flows of TMH, Inc. The purpose of the Schedule is to present a summary of those activities of TMH, Inc. for the year ended September 30, 2023, which have been financed by federal awards. The Uniform Guidance provides for a 10% de minimus indirect cost rate election; however, TMH, Inc. did not make this election and uses a negotiated indirect cost rate when charging indirect costs to federal awards. For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly between TMH, Inc. and agencies and departments of the federal government and all sub-awards to TMH, Inc. by non-federal organizations pursuant to federal grants, contracts and similar agreements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Schedule includes grant activity related to the Department of Health and Human Services (“HHS”) Coronavirus Aid Relief and Economic Security Act (“the CARES Act”) CFDA # 93.498, Provider Relief Funds. As required based on guidance in the 2023 OMB Compliance Supplement, the Schedule includes all Period 4 funds received between July 1, 2021 and December 31, 2021 and expended by December 31, 2022 as reported to the Health Resources and Services Administration ("HRSA") Agency via the Provider Relief Fund Reporting Portal. The Schedule includes $2,296,188 of lost revenues and no direct expenditures.
Title: Federal Emergency Management Agency (FEMA) Public Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of Tallahassee Memorial HealthCare, Inc. and Subsidiaries (“TMH, Inc.”) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with 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 the federal award activity of TMH, Inc., it is not intended to and does not present the financial position, changes in net assets and cash flows of TMH, Inc. The purpose of the Schedule is to present a summary of those activities of TMH, Inc. for the year ended September 30, 2023, which have been financed by federal awards. The Uniform Guidance provides for a 10% de minimus indirect cost rate election; however, TMH, Inc. did not make this election and uses a negotiated indirect cost rate when charging indirect costs to federal awards. For purposes of the Schedule, federal awards include all grants, contracts and similar agreements entered into directly between TMH, Inc. and agencies and departments of the federal government and all sub-awards to TMH, Inc. by non-federal organizations pursuant to federal grants, contracts and similar agreements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
TMH, Inc. has applied for reimbursement of certain expenses related to the COVID-19 pandemic under CFDA #97.036, FEMA Public Assistance through the state of Florida. Expenditures will be reflected in the Schedule in the year in which a Public Assistance Award Letter is received.