Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Baltimore Medical System, Inc., under programs of the federal government for the year ended December 31, 2024. The information in this schedule 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). Because the Schedule presents only a selected portion of the operations of Baltimore Medical System, Inc., it is not intended to and does not present the financial position, results of operations, changes in net assets, or cash flows of Baltimore Medical System, Inc.
Baltimore Medical System, Inc., did not have any federal loan programs during the year ended December 31, 2024.