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MediTract's Compliance Management Tools Improve Efficiencies at Martin Memorial Health Systems
Date:3/20/2009

Conflict of Interest Tracking Helps Mainstream Management Process

STUART, Fla., March 20 /PRNewswire/ -- Martin Memorial Health Systems, a not-for-profit, community-based healthcare organization covering two counties in Florida, needed a way to track potential conflicts of interests for its board of directors, committee members and physicians. As a healthcare system based in a moderately sized community, it was not uncommon for outside interests and business prospects to conflict with the hospital's policies.

"It's not that we don't want people to have outside interests," said Marian Schlow, assistant vice president and chief compliance officer for Martin Memorial. "But we needed to know about those interests. We needed to make sure that those individuals were not in a position to make decisions in an area of the hospital while they were involved in an organization or business that would pose a conflict. Because we operate in a small community, we often have multiple family members working within the health system, and that's one of the areas we needed to address, to make sure individuals were in compliance with our nepotism policy."

Martin Memorial turned to TractManager Inc.'s MediTract division, the nation's leader in providing contract management services to hospitals. By implementing TractManager's new Conflict of Interest Disclosure Statement (COIDS) tracking system, Martin Memorial was able to ease the management process of tracking which individuals were involved with outside interests and identifying family members in various departments.

"It has greatly eased the administrative issues of having individuals sign the conflict of interest disclosure statements and following up with them," Schlow said. "Notifications and reports to our managers are done automatically. Since the system has been up and running, the hospital has saved a lot of time in terms of tracking these stateme
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