Notes to SEFA
Indiana University Health, Inc. and Subsidiaries’ (Indiana University Health) schedule of expenditures of federal awards (the Schedule) for the year ended December 31, 2025, includes all federal programs administered by the entities included in Indiana University Health, Inc.’s reporting entity with the following exceptions. Federal expenditures in the amount of $165,424 are not presented in the Schedule because Rehabilitation Hospital of Indiana, Inc. engages other auditors to perform audits 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), when $1,000,000 of federal funds or more are expended. The Schedule is presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in the Schedule may differ from amounts presented in or used in the preparation of the consolidated financial statements.
Indirect cost rates for Indiana University Health were based on applicable U.S. Department of Health and Human Services (HHS) negotiated rates, the 15% de minimis cost rate allowed by the Uniform Guidance, or sponsor-specific (capped) rates.
The objective of the Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) is to provide, at no cost, supplemental nutritious foods, nutrition education, and referrals of health care to low-income pregnant, breast-feeding, and postpartum women, infants, and children to age five determined to be at nutritional risk. In addition to direct payments received for the year ended December 31, 2025, Indiana University Health distributed WIC food vouchers with an indeterminable value. This activity has not been reflected in the consolidated financial statements of Indiana University Health or on the Schedule, as Indiana University Health acts only as a distribution site and is not ultimately responsible for the determination of eligibility or ultimate processing or funding of the food vouchers.