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Allegeant, Named Sponsor at KC's Event on "New Tax Rules for Tax Exempt Hospitals and Accountable Care Organizations Live Webcast" on 11/10/2011

New York, NY, October 25, 2011 --( Allegeant, a leading provider in the healthcare sector, teams up with The Knowledge Group for upcoming webcast entitled “New Tax Rules for Tax Exempt Hospitals and Accountable Care Organizations.” The event is scheduled on on Thursday, November 10, 2011 from 12:00pm to 2:00pm (ET).

For further details about this event, please visit:

About Allegeant

For over a decade, Allegeant has been providing strategic accountable solutions to business and organizations for managing workforce health risks. These comprehensive, turnkey, programs modify organizational cultural and participant behavior leading to healthy lifestyle changes. The Allegeant engagement model is characterized by seamless coordination and collaboration of administrative data, health care utilization, and employee choices that result in lower health care costs and a healthier, more productive workforce.

Allegeant programs enable the clients to partner with their employee base, enhance employee dependent relations, identify opportunities for health promotion interventions, and, ultimately, increase employee productivity and control health benefit costs.

For more information about Jonathan W. Anders and Allegeant please visit:

Event Synopsis

The nonprofit healthcare landscape was changed significantly by the Patient Protection and Affordable Care Act (PPACA), which imposes new requirements on nonprofit hospitals that must be followed in order to keep 501(c)(3) status. These requirements are already in effect now and must be implemented even though the IRS has not yet issued regulations. The new rules also mandate tax-exempt hospitals to administer community health needs assessments and to clarify and make known their financial assistance policies. Failure to do so may result to costly penalties which can be as high as $50,000. Also, the PPACA creates a new concept called Accountable Care Organizations (ACO). IRS is in the process of issuing guidance in both of these areas. This comes at the heels of increased scrutiny by IRS and state taxing authorities, which are now sharing information about tax exempt organizations.

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

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. For further details, please visit:

Contact Information
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
Therese Lumbao, Director
Account Management & Member Services

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