Audit 364320

Title: Basis of Presentation Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state award activity of Healthfirst Network, Inc. under programs of the federal and state government for the year ended December 31, 2024. 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) and the State Single Audit Guidelines (SSAG). Because the Schedule presents only a selected portion of the operations of Healthfirst Network, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Healthfirst Network, Inc. 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 and SSAG, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Healthfirst Network, Inc. has elected not to use the 15-percent de minimis indirect cost rate as allowed under Uniform Guidance and SSAG. De Minimis Rate Used: N Rate Explanation: De minimis cost rate not used. The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state award activity of Healthfirst Network, Inc. under programs of the federal and state government for the year ended December 31, 2024. 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) and the State Single Audit Guidelines (SSAG). Because the Schedule presents only a selected portion of the operations of Healthfirst Network, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Healthfirst Network, Inc.

Title: Summary of Significant Accounting Policies Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state award activity of Healthfirst Network, Inc. under programs of the federal and state government for the year ended December 31, 2024. 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) and the State Single Audit Guidelines (SSAG). Because the Schedule presents only a selected portion of the operations of Healthfirst Network, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Healthfirst Network, Inc. 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 and SSAG, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Healthfirst Network, Inc. has elected not to use the 15-percent de minimis indirect cost rate as allowed under Uniform Guidance and SSAG. De Minimis Rate Used: N Rate Explanation: De minimis cost rate not used. 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 and SSAG, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Healthfirst Network, Inc. has elected not to use the 15-percent de minimis indirect cost rate as allowed under Uniform Guidance and SSAG.