Notes to SEFA
Title: Note 2 - Assistance Listing number
Accounting Policies: The accompanying consolidated schedule of expenditures of federal awards includes the federal contract activity of Medical Review of North Carolina, Inc., dba The Carolinas Center for Medical Excellence (the "Organization") and is presented on the accrual basis of accounting for the year ended July 31, 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. It does not include any amounts related to contracts that are not billed to the government or reimbursed by the government (i.e., unallowable expenses). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate.
The U.S. Department of Health and Human Services/Centers for Medicare and Medicaid Services has not assigned a federal Assistance Listing number to the Quality Innovation Network contracts. It considers the contracts as procurement of services, not awards.
Title: Note 3 - Subrecipients
Accounting Policies: The accompanying consolidated schedule of expenditures of federal awards includes the federal contract activity of Medical Review of North Carolina, Inc., dba The Carolinas Center for Medical Excellence (the "Organization") and is presented on the accrual basis of accounting for the year ended July 31, 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. It does not include any amounts related to contracts that are not billed to the government or reimbursed by the government (i.e., unallowable expenses). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10% de minimis indirect cost rate.
The Organization has not contracted or made awards to any subrecipients.