Navigation Links
Software Helps Research Facilities Meet New NIH Financial Conflict of Interest (FCOI) Requirements

JERICHO, N.Y., Dec. 8, 2011 /PRNewswire/ -- HCCS (Health Care Compliance Strategies, Inc.), the leading provider of healthcare compliance training and tracking solutions, has announced a software bundle that enables organizations to meet new, stricter conflict of interest disclosure regulations from the National Institutes of Health (NIH).

(Logo: )

The final rule on financial conflicts of interest, published in August 2011, requires greater transparency and accountability for research institutions that receive Public Health Service (PHS) funding from the NIH. Organizations will need to modify their policies and procedures quickly to meet the new requirements:

  • Institutions receiving NIH funds must have a process to evaluate the Significant Financial Interests of investigators and others to determine which might constitute Financial Conflicts of Interest
  • Institutions must create management plans to mitigate financial conflicts of interest on the part of research investigators and other staff
  • Institutions must respond to public requests for FCOI disclosures within five days and/or publish disclosure information on a publically available website
  • All participants in funded research must be trained on institutional policies and their personal obligations regarding disclosure of FCOI prior to engaging in PHS funded research

The HCCS COI-SMART system provides organizations with the tools necessary to comply with these new NIH requirements. COI-SMART is an online system that helps users create, distribute and track questionnaires, then review, manage, and report on COI disclosures. COI-SMART helps manage conflicts that are uncovered in the disclosure process by providing a single searchable online database for all communications related to conflicts, including creation and distribution of management plans.

To assist organizations in complying with the training component of the NIH regulations, HCCS has two online training courses available. "Conflicts of Interest and Research Misconduct" provides training for staff involved in research while "Preventing Conflicts of Interest" provides broader training for all staff members.

"HCCS has always been at the forefront of helping organizations meet regulatory requirements in a cost-effective manner," says Ben Diamond, President of HCCS. "Many organizations will find the need to implement technological solutions in order to effectively comply with the new NIH regulations. COI-SMART is an all-in-one management tool for tracking and managing conflicts of interest. This will have a huge impact on the COI disclosure process at their facilities."

Information can be found at

About HCCS

Health Care Compliance Strategies, Inc (HCCS) provides up-to-date compliance and competency training and tracking solutions 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 online compliance and competency training courses. 

For more information about HCCS products, contact HCCS at (877) 933-4227, by email at, or via the web at

SOURCE Health Care Compliance Strategies, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Related biology technology :

1. Innovative MetaMorph® NX Software Shatters Barriers Between Researchers and Image Analysis Goals with Exclusive Visual Workflow
2. Galaxy DNA-analysis software is now available in the cloud
3. Nexcelom Bioscience to Distribute FCS Express 4 Cytometry Software with Cellometer Vision CBA Instruments
4. Glencoe Software and The Journal of Cell Biology Pioneer Publishing of Genome-Wide Screens
5. Molecular Devices Enables Intuitive Functionality at Your Fingertips on the Apple iPad with the Latest SoftMax Pro Software
6. Life Technologies Simplifies, Organizes and Speeds Analysis of Genomic Data Through Launch of New LifeScope Bioinformatics Software
7. PRA International Acquires Key Software Developer
8. Brainlab Announces FDA 510(k) Clearance for New HybridArc™ Software for Radiosurgery
9. Open-source software designed to minimize synthetic biology risks
10. Catalysis Foundation for Health Selects BioFortis Labmatrix Database Software for International Tuberculosis Diagnostic Biomarker Study
11. Glencoe Software and Open Microscopy Environment Founder Awarded the BBSRC Innovator of the Year 2011
Post Your Comments:
(Date:10/10/2017)... ... 10, 2017 , ... San Diego-based team building and cooking events company, Lajollacooks4u, ... The bold new look is part of a transformation to increase awareness, appeal ... growth period. , It will also expand its service offering from its signature gourmet ...
(Date:10/10/2017)... ... October 10, 2017 , ... For ... has won a US2020 STEM Mentoring Award. Representatives of the FirstHand program travelled ... Volunteer Experience from US2020. , US2020’s mission is to change the trajectory of ...
(Date:10/10/2017)... 2017 International research firm Parks Associates announced today ... the TMA 2017 Annual Meeting , October 11 in ... home security market and how smart safety and security products impact the ... Parks Associates: Smart Home Devices: ... "The residential security market has experienced ...
(Date:10/10/2017)... BARBARA, CALIFORNIA (PRWEB) , ... October 10, 2017 ... ... management, technological innovation and business process optimization firm for the life sciences and ... BoxWorks conference in San Francisco. , The presentation, “Automating GxP Validation ...
Breaking Biology Technology:
(Date:8/15/2017)... , Aug. 15 2017   ivWatch LLC , a medical ... (IV) therapy, today announced receipt of its ISO 13485 Certification, the ... the International Organization for Standardization (ISO®). ... ivWatch Model 400 Continuous Monitoring device for the early detection ... "This is an important ...
(Date:6/14/2017)... , June 15, 2017  IBM (NYSE: IBM ) ... international tech event dedicated to developing collaboration between startups and ... on June 15-17. During the event, nine startups will showcase ... value in various industries. France ... the international market, with a 30 percent increase in the ...
(Date:5/6/2017)... , May 5, 2017 ... just announced a new breakthrough in biometric authentication ... exploits quantum mechanical properties to perform biometric authentication. These ... smart semiconductor material created by Ram Group and ... finance, entertainment, transportation, supply chains and security. Ram ...
Breaking Biology News(10 mins):