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Managing Conflict of Interest Disclosures Simplified for Healthcare Organizations

HCCS Releases New COI Management and Tracking Tool

JERICHO, N.Y., April 21 /PRNewswire/ -- HCCS (Health Care Compliance Strategies, Inc.), the leading provider of online healthcare compliance and competency solutions, today announced the release of COI-SMART, a web-based system for the management and real-time tracking of Conflict of Interest disclosures. HCCS partnered with The University of Chicago to build this comprehensive tool in response to tighter regulations, including the new IRS Form 990 regulations.

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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.

"Most healthcare organizations today have a burdensome and risky manual process for tracking COI disclosures," says Ben Diamond, President of HCCS. "This leads to large stacks of paperwork where disclosures can be lost and management review is virtually non-existent. COI-SMART facilitates the review process through automation. The University of Chicago helped us design this to improve their current process and processes for others around the country. We're confident COI-SMART will provide healthcare organizations with improved control and reduced risk at a lower total cost than their current COI disclosure and review process."

Fully customizable questionnaires are automatically configured for each respondent based on their role and allow for multilevel questions based on respo

SOURCE Health Care Compliance Strategies, Inc.
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