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Managing Conflict of Interest Disclosures Simplified for Healthcare Organizations
Date:4/21/2009

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.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061010/NYTU194LOGO )

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 response. COI-SMART provides organizations with the tools for automated assignment of reviewers, the development of COI management plans, and data mining tools for auditing, tracking and reporting on potential conflicts of interest.

The COI-SMART system expands HCCS' product line of online multimedia courseware and Learning Management Systems designed for healthcare organizations.

About HCCS

Health Care Compliance Strategies, Inc. (HCCS) provides up-to-date compliance and competency training courseware and learning systems to hospitals, health plans, teaching facilities, medical schools and other healthcare entities. HCCS programs are used at hundreds of healthcare facilities nationwide, with over one million registered learners. HCCS provides a full library of courses to fulfill the demanding needs of healthcare staff training, including Professional Compliance, Corporate Compliance, HIPAA Compliance, Research Compliance, Patient Safety and Competency for Quality Care, among many others. The HCCS Healthcare Learning Platform(HLP) is a healthcare specific Learning and Talent Management System.

For more information about HCCS products, contact HCCS at (877) 933-4227, by email at info@hccs.com, or via the web at www.hccs.com.


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SOURCE Health Care Compliance Strategies, Inc.
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