Title: 2.Federal Direct Student Loan Program
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the expenditures of Franciscan Alliance, Inc. and Affiliates (collectively referred to as Franciscan) under programs of the federal government for the year ended December 31, 2022. The information presented in the Schedule is presented using the accrual basis and is 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). Pass-through entity identification numbers and Assistance Listing Numbers have been provided where available.For the purposes of the Schedule, federal awards include all sub awards to Franciscan by nonfederal organizations pursuant to federal grants, contracts, and similar agreements.
De Minimis Rate Used: Y
Rate Explanation: Franciscan charges the 10% de minimis indirect cost rate, as described in Section 200.414 of the Uniform Guidance.
The Federal Direct Student Loan programs are administered by outside financial institutions and balances and transactions relating to these programs are not included in Franciscan's consolidated financial statements. Federally guaranteed loans issued to students of Franciscans School of Nursing by financial institutions during the year ended December 31, 2022, under the Federal Direct Loan program that includes Subsidized, Unsubsidized and PLUS loans (Assistance Listing Number 84.268), totaled $1,383,916.
Title: 3.HRSA COVID-19 Testing and Treatment for the Uninsured
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the expenditures of Franciscan Alliance, Inc. and Affiliates (collectively referred to as Franciscan) under programs of the federal government for the year ended December 31, 2022. The information presented in the Schedule is presented using the accrual basis and is 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). Pass-through entity identification numbers and Assistance Listing Numbers have been provided where available.For the purposes of the Schedule, federal awards include all sub awards to Franciscan by nonfederal organizations pursuant to federal grants, contracts, and similar agreements.
De Minimis Rate Used: Y
Rate Explanation: Franciscan charges the 10% de minimis indirect cost rate, as described in Section 200.414 of the Uniform Guidance.
Franciscan Health Center Facilities, physician offices and clinics conducted COVID-19 testing and/or provided treatment for uninsured individuals with a COVID-19 primary diagnosis on or after February 4, 2020 and as such has requested claims reimbursement under Assistance Listing Number 93.461 Health Resources and Services Administration's ("HRSA") COVID-19 Claims Reimbursement to Health Care Providers and Facilities for Testing, Treatment and Vaccine Administration for the Uninsured program. Franciscan Health Center Facilities have received reimbursements to date from HRSA on claims with service dates during fiscal year 2022 of $768,247.
Title: 4.Department of Health and Human Services - Provider Relief Funds
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) summarizes the expenditures of Franciscan Alliance, Inc. and Affiliates (collectively referred to as Franciscan) under programs of the federal government for the year ended December 31, 2022. The information presented in the Schedule is presented using the accrual basis and is 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). Pass-through entity identification numbers and Assistance Listing Numbers have been provided where available.For the purposes of the Schedule, federal awards include all sub awards to Franciscan by nonfederal organizations pursuant to federal grants, contracts, and similar agreements.
De Minimis Rate Used: Y
Rate Explanation: Franciscan charges the 10% de minimis indirect cost rate, as described in Section 200.414 of the Uniform Guidance.
Franciscan was the recipient of funding under assistance listing number 93.498, Provider Relief Fund (PRF), and as required based on guidance in the 2022 OMB Compliance Supplement, the Schedule includes all Period 3 and Period 4 funds received between January 1, 2021 and December 31, 2021 as reported to the Department of Health and Human Services via the PRF Reporting Portal.