Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the Health Quality Innovators (the “Organization” or “HQI”) under programs of the federal government for the year ended September 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some accounts presented in this schedule may be different from accounts presented or used in the preparation of the basic financial statements. Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization. Based on the 2025 Federal Compliance Supplement, fixed priced contracts awarded under Federal Acquisition Regulations are not subject to Subpart F – Audit Requirements under CFR Part 200. Accordingly, the Organization included only the time and material contract line items for the Medicare Quality Improvement Program.
The grant revenue amounts received and expended are subject to audit and adjustment. If any expenditures are disallowed by the grantor as a result of such an audit, any claim for reimbursement to the grantor would become a liability of the Organization. In the opinion of management, all grant expenditures are compliant with the terms of the grant agreements and applicable federal and state laws and regulations.
No assistance listing number is associated with the U.S. Department of Health and Human Services Center for Medicare and Medicaid contracts. Accordingly, the following contract number or other information has been included for identification purposes.
93.U-01 - 75FCMC20F0001 - 12th Statement of Work through Quality Innovation Network (QIN) - Quality Improvement Organization (QIO)program
93.U-02 - 75FCMC25FJ055 - 13th Statement of Work through QIN-QIO program
93.U-03 - Program previously associated with CFDA No. 93.636
93.U-04 - Various contract agreements utilizing federal funds provided through the Agency for Health and Research Quality (AHRQ) - HHSP233201500020I; 75Q8012D00018; 75Q20121F32004; 75Q80124F32005