Notes to SEFA
Title: Hospital
Accounting Policies: Expenditures on the Schedule are reported on the accrual basis of accounting and 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.
De Minimis Rate Used: N
Rate Explanation: Scheurer Hospital has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Scheurer Hospital is a member of Scheurer Healthcare Network (SHN), a Michigan nonprofit corporation and a holding company for various healthcare entities. Scheurer Hospital is a nonprofit, nonstock corporation that is licensed as a 25-bed acute care and 19-bed long-term care facility which also operates physician clinics located in Bad Axe, Pigeon, Caseville, Elkton, and Sebewaing, Michigan. The Hospital, which is located in Pigeon, Michigan, provides inpatient, outpatient, swing bed, long-term care, and emergency healthcare services.
Title: Basis of Presentation
Accounting Policies: Expenditures on the Schedule are reported on the accrual basis of accounting and 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.
De Minimis Rate Used: N
Rate Explanation: Scheurer Hospital 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 ("Schedule") includes the federal award activity of Scheurer Hospital. 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 (the "Uniform Guidance"). Because the Schedule presents only a selected portion of the operations of Scheurer Hospital, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Scheurer Hospital.
Title: Subrecipients
Accounting Policies: Expenditures on the Schedule are reported on the accrual basis of accounting and 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.
De Minimis Rate Used: N
Rate Explanation: Scheurer Hospital has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Scheurer Hospital passed no federal awards through to subrecipients.