Notes to SEFA
Title: COVID-19 Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution
(Assistance Listing No. 93.498)
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes federal
grant expenditures of Premier Health Partners and Subsidiaries (the Company) under programs of
the federal government for the year ended December 31, 2023 and is presented using the accrual
basis of accounting. The information in the 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).
De Minimis Rate Used: N
Rate Explanation: The Company elected not to utilize the 10 percent de minimis indirect cost rate allowed by Uniform
Guidance.
The Schedule includes $738,176 received from the U.S. Department of Health and Human
Services (HHS) between January 1, 2022 and December 31, 2022 under the Provider Relief Fund
(PRF) and American Rescue Plan (ARP) Rural Distribution program of Assistance Listing
No. 93.498. In accordance with guidance from HHS, these amounts are presented as Period 5 in
the HHS PRF Reporting Portal (with no Period 6 Portal submissions required, as no Provider
Relief Funds were received in the related period). This amount was recognized as other operating
revenue in the Company’s consolidated financial statements in the accompanying consolidated
statement of operations and changes in net assets during the year ended December 31, 2022.