Notes to SEFA
Title: 3. DONATED PERSONAL PROTECTIVE EQUIPMENT (UNAUDITED)
Accounting Policies: Basis of PresentationThe accompanying Consolidated Schedule of Expenditures of Federal Awards (the Schedule or SEFA) includes the federal grant activity of Heritage Valley under programs of the federal government for the year ended June 30, 2022. The information in the 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 includes all the Systems expenditures charged to federal programs.Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported in accordance with the generally accepted in the United States. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Heritage Valley does not elect to use the de minimis indirect cost rate allowed under the Uniform Guidance.
For the year ended June 30, 2022, the fair value of donated personal protective equipment received by the System was $0.
Title: 4. PROVIDER RELIEF FUNDS
Accounting Policies: Basis of PresentationThe accompanying Consolidated Schedule of Expenditures of Federal Awards (the Schedule or SEFA) includes the federal grant activity of Heritage Valley under programs of the federal government for the year ended June 30, 2022. The information in the 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 includes all the Systems expenditures charged to federal programs.Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported in accordance with the generally accepted in the United States. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Heritage Valley does not elect to use the de minimis indirect cost rate allowed under the Uniform Guidance.
The Provider Relief Funds included in the Schedule were received by the following entities (legal name and tax identification number):25-1775949Heritage Valley Multispecialty Group, Inc. and 25-1775950 Heritage Valley Pediatrics, Inc.
Title: 5. COMMITMENTS AND CONTINGENCIES
Accounting Policies: Basis of PresentationThe accompanying Consolidated Schedule of Expenditures of Federal Awards (the Schedule or SEFA) includes the federal grant activity of Heritage Valley under programs of the federal government for the year ended June 30, 2022. The information in the 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 includes all the Systems expenditures charged to federal programs.Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported in accordance with the generally accepted in the United States. 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Heritage Valley does not elect to use the de minimis indirect cost rate allowed under the Uniform Guidance.
Heritage Valley participates in numerous federal grant programs, which are governed by various rules and regulations of the grantor agencies. Costs charged to the respective grant programs are subject to audit and adjustments by the grantor agencies. While Heritage Valley believes it has complied with all of the rules and regulations, to the extend Heritage Valley has not complied with rules and regulations governing the grants, refund of any money received may be required and the collectability of any related receivable at June 30, 2022, may be impaired.