Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (the “SEFSA”) includes the federal and state award activity of Prism Health North Texas under programs of the federal and state of Texas governments for the year ended December 31, 2025. The information in this SEFSA 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 Texas Grant Management Standards. Because the SEFSA presents only a selected portion of the operations of Prism Health North Texas, it is not intended to and does not present the financial position, activities and changes in net assets, or cash flows of Prism Health North Texas
Prism Health North Texas did not provide any federal awards to subrecipients during the year ended December 31, 2025.
Federal and state grant programs are subject to audit by the awarding agencies. Any disallowed claims, including amounts already collected, may constitute a liability of the applicable funds. Management believes that any potential disallowances will not have a material effect on the consolidated financial statements.