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Cleveland Clinic Named One of World's Most Ethical Companies
Date:5/12/2009

Ethisphere Institute Names Hospital to Exclusive List of 99 Companies Worldwide

CLEVELAND, May 12 /PRNewswire/ -- Cleveland Clinic has been named one of 2009's World's Most Ethical Companies by the Ethisphere Institute. Cleveland Clinic is one of just two hospitals to make the list of 99 companies.

According to a statement by Ethisphere, winners were selected for "going beyond legal minimums, introducing innovative ideas to benefit the public and forcing its competitors to follow suit by consistently upping the ante for what it takes to be an ethical leader."

Cleveland Clinic has established itself as a leader through initiatives that manage potential conflicts of interest, provide transparency on the industry relationships of physicians and researchers, and detail the performance of clinical programs through outcomes books, among others.

"Cleveland Clinic is proud to have been named one of the world's most ethical companies," said Delos M. "Toby" Cosgrove, M.D., President and CEO, Cleveland Clinic. "As the first academic medical center to openly disclose the industry ties of our physicians, we are an organization committed to transparency. By providing our patients with timely access to information, they are empowered to make informed medical decisions and ultimately benefit by having a more positive patient experience."

In December, 2008, Cleveland Clinic posted on its Web site (www.ClevelandClinic.org) a current directory of all its physicians, listing their educational and professional backgrounds, their medical specializations and their relationships with industry. Included for each physician, scientist and physician/scientist is a list of the names of companies with which they have collaborations.

Cleveland Clinic has a rigorous process by which it identifies, evaluates, limi
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SOURCE Cleveland Clinic
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