Notes to SEFA
University Medical Center of Southern Nevada (the Hospital or UMC) is a blended component unit (enterprise fund) of, owned and operated by, Clark County, Nevada (the County). The reporting entity is defined in Note 1 to the financial statements. The accompanying schedule includes federal financial assistance received directly from federal agencies as well as passed through other government agencies.
The Hospital evaluates the impact of subsequent events, which are events that occur after the statement of net position (deficit) date but before the financial statements are issued, for potential recognition in the financial statements as of the statement of net position date. For the year ended June 30, 2025, the Hospital evaluated subsequent events through November 6, 2025, representing the date the accompanying audited financial statements were issued. During these periods the Hospital determined there were no subsequent events that needed to be disclosed.