Title: Note 4. Provider Relief FundCOVID 19
Accounting Policies: Note 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awardactivity of Health First, Inc. and Subsidiaries (the Corporation) under programs of the federal governmentfor the year ended September 30, 2022. The information in this Schedule is presented in accordance withthe requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Becausethe Schedule presents only a selected portion of the operations of the Corporation, it is not intended to anddoes not present the financial position, changes in net assets, or cash flows of the Corporation.Note 2. Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Such expendituresare recognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement.Expenditures reported in the Schedule for Federal Assistance Listing Number 93.498, Department of Healthand Human ServicesProvider Relief Fund American Rescue Plan Rural Distribution, include $29,244,099of expenditures incurred by the Corporation and awarded during the year ended September 30, 2021. TheCorporation received Provider Relief Funds of $1,340,612 during the year ended September 30, 2020 and$27,903,486 during the year ended September 30, 2021. In accordance with guidance from the Departmentof Health and Human Services, these amounts are included in the Schedule for the year endedSeptember 30, 2022.Expenditures reported in the Schedule for Federal Assistance Listing Number 97.036 Disaster GrantsPublic Assistance, include $135,272 of expenditures incurred by the Corporation in a prior year awardedduring 2022.The Corporation did not pass through any federal award amounts to subrecipients during the year endedSeptember 30, 2022.
De Minimis Rate Used: N
Rate Explanation: Note 3. Indirect Cost RateThe Corporation has elected to not use the 10% de minimis indirect cost rate as allowed under the UniformGuidance.
The following entities within the Corporation received Provider Relief Funds:Entity Tax IDHealth First Shared Services, Inc. 59-3336894Holmes Regional Medical Center, Inc. 59-0624371Cape Canaveral Hospital, Inc. 59-2477479Viera Hospital, Inc. 26-4019868Hospice of Health First, Inc. 59-1911574Holmes Regional Enterprises, Inc. 59-2109953Health First Physician Specialties, Inc. 26-3094596Health First Medical Group, LLC 46-1243081Doctors Surgical Partnership, LLC 59-3490279Doctors GI Partnership, Ltd. 59-3758988
Title: Note 5. Fair Market Value of Donated Personal Protective Equipment (Unaudit
Accounting Policies: Note 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awardactivity of Health First, Inc. and Subsidiaries (the Corporation) under programs of the federal governmentfor the year ended September 30, 2022. The information in this Schedule is presented in accordance withthe requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Becausethe Schedule presents only a selected portion of the operations of the Corporation, it is not intended to anddoes not present the financial position, changes in net assets, or cash flows of the Corporation.Note 2. Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the accrual basis of accounting. Such expendituresare recognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement.Expenditures reported in the Schedule for Federal Assistance Listing Number 93.498, Department of Healthand Human ServicesProvider Relief Fund American Rescue Plan Rural Distribution, include $29,244,099of expenditures incurred by the Corporation and awarded during the year ended September 30, 2021. TheCorporation received Provider Relief Funds of $1,340,612 during the year ended September 30, 2020 and$27,903,486 during the year ended September 30, 2021. In accordance with guidance from the Departmentof Health and Human Services, these amounts are included in the Schedule for the year endedSeptember 30, 2022.Expenditures reported in the Schedule for Federal Assistance Listing Number 97.036 Disaster GrantsPublic Assistance, include $135,272 of expenditures incurred by the Corporation in a prior year awardedduring 2022.The Corporation did not pass through any federal award amounts to subrecipients during the year endedSeptember 30, 2022.
De Minimis Rate Used: N
Rate Explanation: Note 3. Indirect Cost RateThe Corporation has elected to not use the 10% de minimis indirect cost rate as allowed under the UniformGuidance.
During the year ended September 30, 2022, the Corporation did not receive significant donated personalprotective equipment from federal sources