Title: 3. Provider Relief Funds
Accounting Policies: 1. Summary of Significant Accounting Policies: Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Ochsner LSU Health System of North Louisiana and Subsidiaries and is presented on the accrual basis of accounting. The information in the SEFA 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). Therefore, some amounts presented in the SEFA may differ from amounts presented in, or used in the preparation of, the financial statements of Ochsner LSU Health System of North Louisiana and Subsidiaries. For purposes of the SEFA, federal awards include any assistance provided by a federal agency, directly or indirectly, in the form of grants, contracts, cooperative agreements, loan and loan guarantees, or other non-cash assistance. The SEFA does not include payments received under the traditional Medicare and Medicaid reimbursement programs, as these programs are outside the scope of the Uniform Guidance. There were no donated goods and personal protective equipment received from federal sources that required recognition or disclosure in the notes to the SEFA.
De Minimis Rate Used: N
Rate Explanation: No grant agreements with expenditures on the SEFA had indirect costs.
The amount presented on the SEFA for Assistance Listing Number 93.498, COVID-19 – Provider Relief Fund and American Rescue Plan (ARP) Rural Distribution (PRF Funds), is for the year ended June 30, 2023. The amount presented reconciles to the Provider Relief Fund (PRF) information reported to the Health Resources and Services Administration (HRSA) as follows: See the Notes to the SEFA for table.
Health and Human Services (HHS) has indicated the PRF Funds on the SEFA be reported corresponding to reporting requirements of the HRSA PRF Reporting Portal. Payments from HHS for PRF are assigned to ‘Payment Received Periods’ (each, a Period) based upon the date each payment from the PRF was received. Each Period has a specified Period of Availability and timing of reporting requirements. Entities report into the HRSA PRF Reporting Portal after each Period’s deadline to use the funds (i.e., after the end of the Period of Availability).
The SEFA includes $21,284,198 of PRF Funds received from HHS between July 1, 2021 through June 30, 2022. In accordance with guidance from HHS, this amount is presented as Period 4 and Period 5. Such amount was recognized as other operating revenues in Ochsner LSU Health System of North Louisiana and Subsidiaries’ consolidated financial statements in the year ended June 30, 2022.
Title: 4. Disaster Grants - Public Assistance (Presidentially Declared Disasters)
Accounting Policies: 1. Summary of Significant Accounting Policies: Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of Ochsner LSU Health System of North Louisiana and Subsidiaries and is presented on the accrual basis of accounting. The information in the SEFA 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). Therefore, some amounts presented in the SEFA may differ from amounts presented in, or used in the preparation of, the financial statements of Ochsner LSU Health System of North Louisiana and Subsidiaries. For purposes of the SEFA, federal awards include any assistance provided by a federal agency, directly or indirectly, in the form of grants, contracts, cooperative agreements, loan and loan guarantees, or other non-cash assistance. The SEFA does not include payments received under the traditional Medicare and Medicaid reimbursement programs, as these programs are outside the scope of the Uniform Guidance. There were no donated goods and personal protective equipment received from federal sources that required recognition or disclosure in the notes to the SEFA.
De Minimis Rate Used: N
Rate Explanation: No grant agreements with expenditures on the SEFA had indirect costs.
In fiscal year 2023, Ochsner LSU Health System of North Louisiana and Subsidiaries received approval from the State of Louisiana Governor’s Office of Homeland Security and Emergency Preparedness for one project worksheet related to the reimbursement of eligible expenditures of $120,921 incurred in previous fiscal years. This previous year’s expenditures are included in the SEFA in the current year in accordance with guidance provided by the U.S. Department of Homeland Security.