Delaware Health Information Network Financial Statement Audit FY23

… the financial statements, during 2023 DHIN adopted new accounting guidance, GASB Statement No. 96, Subscription-Based Information Technology Arrangements and GASB Statement No. 100, Accounting Changes and Error Corrections. Our opinion is not modified with r …

… scussion and analysis. Financial Highlights  DHIN adopted GASB Statement (GASBS) No. 96, Subscription-Based Information Technology Arrangements, effective for the year ended June 30, 2023. The statement establishes new requirements for calculatin …

… year ended June 30, 2023. The statement establishes new requirements for calculating and reporting subscription-based information technology arrangement activities. The adoption of GASBS No. 96 has been reflected as of July 1, 2022, resulting in an increas …

… creases were primarily due to recording capital assets and liabilities associated with leasing and subscription-based information technology arrangements. Net Position: As of June 30, 2023 and 2022, net position was not subject to external or intern …

… urities of Lease Liabilities 77,876 - Current Maturities of Subscription-based Information Technology Arrangements 1,404,195 - Total Current Liabilities 2,259,466 1,140,431 Ot …

… ilities Lease Liabilities (Net of Current Maturities) 84,268 - Subscription-based Information Technology Arrangements (Net of Current Maturities) 2,319,963 - Total Other Liabilities 2,40 …

… during FY 2023 due to an increase in capital assets resulting from the Organization’s leasing and subscription-based information technology arrangements. Contacting DHIN’s Financial Management This financial report is designed to provide interest …

… 0 Current Maturities of Lease Liabilities 77,876 Current Maturities of Subscription-based Information Technology Arrangements 1,404,195 Total Current Liabilities 2,259,466 Other Liabilities Lease Liabilities …