Notes to SEFA
Title: Note 1: General
Accounting Policies: Note 2: Basis of Accounting
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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost Rate
Community Health System's Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of Community Health System's Inc. under programs of the federal government for the year ended December 31, 2024. The information in the Schedule is presented in accordance with requirements of the 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 Community Health System's Inc., it is not intended to and does not present the financial position, changes in net assets or cash flows of Community Health System's Inc.
Title: Note 4: Sub-Recipients
Accounting Policies: Note 2: Basis of Accounting
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. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Note 3: Indirect Cost Rate
Community Health System's Inc. has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Community Health System's Inc. does not have any sub-recipients of federal or state awards.