The Knowledge Group
The Knowledge Group

Michael G. Bailey with Foley & Lardner LLP to Speak at KC’s Section 501(r)'s Financial Assistance, Limitation on Charges, and Billing and Collections Requirements Event

Michael G. Bailey, Partner, Foley & Lardner LLP to Speak at KC’s Section 501(r)'s Financial Assistance, Limitation on Charges, and Billing and Collections Requirements Explored Live Webcast

New York, NY, April 04, 2013 --(PR.com)-- The Knowledge Group/The Knowledge Congress Live Webcast Series, the leading producer of regulatory focused webcasts, has announced today that Michael G. Bailey, Partner, Foley & Lardner LLP will speak at the Knowledge Congress’ webcast entitled: “Section 501(r)'s Financial Assistance, Limitation on Charges, and Billing and Collections Requirements Explored,” This event is scheduled for June 25, 2013 from 12:00pm – 2:00pm (ET).

For further details, please visit:
http://www.knowledgecongress.org/event_2013_Limitation_on_Charges.html

About Michael Bailey

Michael G. Bailey is a partner with Foley & Lardner LLP where he is chair of the firm’s Health Care Finance & Restructuring Practice and a member of the firm’s Taxation, Finance & Financial Institutions, and Public Finance Practices. He is also a member of the Health Care Industry and Energy Industry Teams.

Mr. Bailey’s practice focuses on tax-advantaged financing, including tax-exempt financing and tax credit transactions. He also focuses on development of tax compliance policies and procedures, energy tax issues, exempt organization tax issues and other federal and state income tax matters. His tax controversy practice focuses on tax-advantaged financing transactions and exempt organization matters.

Mr. Bailey joined the firm from the Internal Revenue Service, where he served as Counsel to the Assistant Chief Counsel for Financial Institutions and Products. At the IRS he played a key role in numerous projects involving taxation of financial products. He was one of the principal authors of the major federal income tax regulations concerning tax-exempt bonds, including the arbitrage regulations and the private activity bond regulations, and reviewed or authored most other administrative guidance issued by the IRS on tax-exempt bonds from 1990 through 1997, including published rulings, private letter rulings, and technical advice memoranda. He also played a key role in developing the IRS compliance program for tax-exempt bonds. He is a frequent speaker on matters relating to taxation of financial products and transactions.

Mr. Bailey is immediate past chair of the Internal Revenue Service Advisory Committee on Tax Exempt and Government Entities. He is also past chair of the Tax Exempt Financing Committee of the Section of Taxation of the American Bar Association.

About Foley & Lardner

With offices throughout the United States and across the globe, Foley combines powerful resources and award-winning client service to help you achieve your business objectives — efficiently and cost-effectively. We draw on the legal knowledge and hands-on industry experience of attorneys in more than 60 practice areas to provide the full spectrum of legal services — any of which can be tailored to meet your unique challenges.

Event Synopsis:

When the Supreme Court upheld the Patient Protection Affordable Care Act (PPACA) in September 2012, it marked a key turn around on the reporting obligations of tax-exempt hospitals as codified under IRC Section 501(r). Hospitals must now meet must meet the following requirements to maintain their tax exempt status:

- Community health needs assessment
- Financial assistance policy and emergency medical care policy
- Limitation on charges and
- Billing and Collections Restrictions

The Knowledge Group has assembled a panel of thought leaders to provide an in-depth discussion on how tax-exempt hospitals can comply with the complicated tax reporting requirements to help them maintain their nonprofit status. In addition, speakers will share case studies, regulatory updates and effective strategies to meet the above mentioned requirements. A Live interaction with the audience in a question and answer format is also included in this event

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress was established with the mission to produce unbiased, objective, and educational live webinars that examine industry trends and regulatory changes from a variety of different perspectives. The goal is to deliver a unique multilevel analysis of an important issue affecting business in a highly focused format. To contact or register to an event, please visit: www.knowledgecongress.org
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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
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