Title: Note 1: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Meadville Medical Center and its subsidiaries has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Meadville Medical Center and its subsidiaries under programs of the federal government for the year ended June 30, 2022. 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 Meadville Medical Center and its subsidiaries, it is not intended to and does not present the financial position, results of operations, changes in net assets or cash flows of Meadville Medical Center and its subsidiaries.
Title: Note 4: Federal Loan Programs
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Meadville Medical Center and its subsidiaries has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Meadville Medical Center and its subsidiaries did not have any federal loan programs during the year ended June 30, 2022.
Title: Note 6: Commonwealth of Pennsylvania Federal Pass-through Schedule
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Meadville Medical Center and its subsidiaries has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Federal Grantor/Pass-Through Grantor/Program or Cluster Title-U.S. Department of Treasury/Pennsylvania Department of Health/Coronavirus State and Local Fiscal Recovery Funds - COVID-19; Federal Assistance Listing Number-21.027; Pass-Through Entity Identifying Number-None; Accrued Federal Revenue at July 1, 2021-$0; Total Federal Funding Received During Year-$1,328,628; Total Federal Expenditures-$1,328,628; Accrued Federal Revenue at June 30, 2022-$0; Federal Grantor/Pass-Through Grantor/Program or Cluster Title-U.S. Department of Agriculture/Pennsylvania Department of Health/WIC Farmers' Market Nutrition Program (FMNP); Federal Assistance Listing Number-10.572; Pass-Through Entity Identifying Number-None; Accrued Federal Revenue at July 1, 2021-$0; Total Federal Funding Received During Year-$4,306; Total Federal Expenditures-$4,306; Accrued Federal Revenue at June 30, 2022-$0; Federal Grantor/Pass-Through Grantor/Program or Cluster Title-U.S. Department of Agriculture/Pennsylvania Department of Health/Special Supplemental Nutrition Program for Women, Infants, and Children; Federal Assistance Listing Number-10.557; Pass-Through Entity Identifying Number-4100077855; Accrued Federal Revenue at July 1, 2021-$122,471; Total Federal Funding Received During Year-$966,284; Total Federal Expenditures-$948,746; Accrued Federal Revenue at June 30, 2022-$104,933;
Title: Personal Protective Equipment (Unaudited)
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Meadville Medical Center and its subsidiaries has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Meadville Medical Center and its subsidiaries did not receive any federally donated personal protective equipment (PPE) during the year ended June 30, 2022.