Title: Loan/loan guarantee outstanding balances
Accounting Policies: 1.Basis of AccountingThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federalgrant activity of The Presbyterian Medical Center of Washington, Pennsylvania, Inc. d/b/a Southmontof Presbyterian SeniorCare (Southmont) under programs of the federal government for the year endedDecember 31, 2022. The information in this schedule is presented in accordance with the requirements ofTitle 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principlesand Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only aselected portion of the operations of Southmont, it is not intended to and does not present the financialposition, changes in net deficit or cash flows of Southmont. Additionally, due to the different reportingrequirements of the financial statements from those of the above Schedule, some amounts presentedmay differ from amounts presented in, or used in, the preparation of the financial statements.2.Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. Pass-through agencyidentifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
MORTGAGE INSURANCE_NURSING HOMES, INTERMEDIATE CARE FACILITIES, BOARD AND CARE HOMES AND ASSISTED LIVING FACILITIES (14.129) - Balances outstanding at the end of the audit period were 5666547.
Title: Provider Relief Fund and American Rescue Plan Rural Distribution
Accounting Policies: 1.Basis of AccountingThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federalgrant activity of The Presbyterian Medical Center of Washington, Pennsylvania, Inc. d/b/a Southmontof Presbyterian SeniorCare (Southmont) under programs of the federal government for the year endedDecember 31, 2022. The information in this schedule is presented in accordance with the requirements ofTitle 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principlesand Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only aselected portion of the operations of Southmont, it is not intended to and does not present the financialposition, changes in net deficit or cash flows of Southmont. Additionally, due to the different reportingrequirements of the financial statements from those of the above Schedule, some amounts presentedmay differ from amounts presented in, or used in, the preparation of the financial statements.2.Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. Pass-through agencyidentifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
For the U.S. Department of Health and Human Services (HHS) award related to the Provider Relief Fundand American Rescue Plan (ARP) Rural Distribution (PRF) program, HHS has indicated the amounts onthe Schedule be reported corresponding to reporting requirements of the Health Resources and ServicesAdministration (HRSA) PRF Reporting Portal. Payments from HHS for PRF are assigned to "PaymentReceived Periods" (each, a Period) based upon the date each payment from the PRF was received.Each Period has a specified Period of Availability and timing of reporting requirements. Entities report intothe HRSA PRF Reporting Portal after each Period's deadline to use the funds (i.e., after the end of thePeriod of Availability).The Schedule for the year ended December 31, 2022 includes expenditures and lost revenues includedin the Period 3 and Period 4 PRF Reports submitted for Southmont. The Period 3 PRF Reports includepayments received for the period January 1, 2021 to June 30, 2021 which were required to be expendedby June, 30, 2022. The Period 4 PRF Reports include payments received for the period July 1, 2021 toDecember 31, 2021 which were required to be expended by December 31, 2022.The Schedule includes the following entities that received the PRF program:Legal Entity NameTax Identification NumberPRF AmountThe Presbyterian Medical Center of Washington, Pennsylvania, Inc. d/b/a Southmont of Presbyterian SeniorCare25-1413291$226,356