MedStar Health Selects Conflict of Interest Management Software
JERICHO, N.Y., April 27 /PRNewswire/ –Health Care Compliance Strategies, Inc. (HCCS) announced today that MedStar Health has selected the HCCS COI-SMART system for disclosure and management of conflicts of interest for its physicians, administrators and staff members.
“Proper disclosure and tracking of conflicts of interest among staff is necessary to maintain transparency and ensure credibility,” says Alex Eremia, Vice President of MedStar Health. “The COI-SMART system from HCCS simplifies and automates the process by providing an online disclosure form to our staff and full management, tracking and reporting capabilities for our administrators. With this automation process we will see significant cost savings and efficiency. We can concentrate on potential and actual COIs, instead of chasing paper.”
COI-SMART’s simple interface provides improved control over the conflicts of interest disclosure and review process at the individual and institutional level. This automated tool conforms to the process an organization already has in place or provides the framework for a new process, eliminating cumbersome manual disclosure tracking. Sophisticated yet simple to use management tools provide for the tracking of disclosures from identification through resolution.
“COI-SMART was designed with organizations like MedStar Health in mind,” says Ben Diamond, President of HCCS. “The system provides a level of knowledge and an ability to manage conflicts of interest that was not readily available before. Organizations that need to disclose and track their staff member’s conflicts of interest will see an operational benefit and significant ROI from using this system.”
COI-SMART provides tools for the development of multilevel questionnaires, automated assignment of reviewers, the development of COI management plans, and data mining tools for auditing, tracking and reporting on potential conflicts of interest.
About the MedStar Health
MedStar Health is a $3.8 billion not-for-profit, regional healthcare system with a network of nine hospitals and 20 other health-related businesses across Maryland and the Washington, D.C., region. As the area’s largest health system, it is one of the region’s largest employers with more than 26,000 associates and 5,300 affiliated physicians, all of whom support MedStar Health’s patient-first philosophy that combines care, compassion and clinical excellence with an emphasis on customer service.
About Health Care Compliance Strategies, Inc. (HCCS)
HCCS is the leading provider of compliance training and tracking solutions to healthcare facilities. HCCS has provided over 2.5 million hours of compliance and competency online training courses to hospitals, teaching facilities, medical schools, health plans and other health care entities. The HCCS Compliance Learning Library contains expert training content in the areas of Medicare, Medicaid, HIPAA, Harassment, Research, Patient Safety and Quality Improvement Compliance. COI-SMART is a new HCCS solution for tracking and managing Conflicts of Interest.
For more information about COI-SMART, contact HCCS at (877) 933-4227, by email at firstname.lastname@example.org, or via the web at www.hccs.com.
SOURCE Health Care Compliance Strategies, Inc.