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This document presents the combined special-purpose financial statements for the Southwell Obligated Group, which includes Tift County Hospital Authority, Southwell, Inc., and Tift Regional Health System, Inc., for the years ended September 30, 2023 and 2022. The financial statements include balance sheets, statements of operations and changes in net assets, statements of cash flows, along with notes providing detailed disclosures about accounting policies, management responsibilities, and...
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Southwell Obligated Group Combined refers to a financial reporting entity that aggregates the financial data of various entities within the Southwell healthcare system, allowing for consolidated financial analysis.
Entities within the Southwell healthcare system that meet certain criteria regarding their financial operations are required to file the Southwell Obligated Group Combined.
To fill out the Southwell Obligated Group Combined, entities must gather their financial data, ensure accuracy, and follow the prescribed format and guidelines provided by the relevant governing authority.
The purpose of the Southwell Obligated Group Combined is to provide a comprehensive overview of the financial performance of the combined entities for transparency and regulatory compliance.
The report must include financial statements, operating results, debt obligations, and disclosures regarding the financial position of the involved entities.
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