While healthcare organizations largely are committed to complying with COI Management rules, there is a breadth of how they go about it. To evaluate how healthcare organizations are managing their efforts to reduce COIs, HCCS—A HealthStream Company surveyed 281 U.S. healthcare compliance leaders about their compliance programs, to discover how COIs are being monitored, identify common deficits among them, and uncover potential enhancements. This blog post, the second in a series, excerpts our article, “Ten Conclusions about Conflict Of Interest (COI) Management in Healthcare,” based on those survey results.
An overwhelming majority of healthcare organizations are committed to healthcare COI management and have a process in place. 84.5% of the healthcare organizations surveyed reported they have an active COI management program. Only 7.6% do not have a process, with a similar number that is unaware of where they stand on this function. Over 90% reported that formal COI policies exist for their organizations.
Most healthcare COI programs are led by the compliance department. By and large, healthcare COI management is led by organizations’ compliance department, though it is not a significant portion of their jobs. In a few cases, other departments manage COIs, including legal and human resources.
Between paper, spreadsheets, and online options, there is not a dominant system choice for COI management. 25.5% of respondents use paper forms for COI tracking, and 18.8% use a cloud-based solution. 29.8% employ a combination of the two. Resource and cost constraints are offered by 40.3% as a reason they are using specific management methods.
Other conclusions drawn in this study concern:
Download the full article here.
HealthStream’s learning management system and comprehensive suite of competency management tools empower your healthcare workforce to deliver the best patient care.View All Learning & Performance
When you enact HealthStream's quality compliance solutions, you can do so with the confidence your healthcare organization will meet all standards of care.View All Quality & Compliance
Fulfill compliance requirements with a variety of programs and courseware designed to address critical regulatory requirements as well as educate staff to recognize and mitigate risks.View All Products
By increasing your healthcare staff's focus on quality and safety with HealthStream, they can help to reduce medical errors and readmission rates.View All Products
HealthStream offers professional training and education on how to best optimize your reimbursement process within your healthcare organization.View All Reimbursement
Learn about our advanced resuscitation training solutions. Our solutions are designed to help improve patient outcomes.View All Resuscitation
Expand the decision-making skills and effectiveness of your healthcare workforce with HealthStream's clinical development programs and services.View All Clinical Development
HealthStream’s learning management system and comprehensive suite of competency management tools empower your healthcare workforce to deliver the best patient care.View All Products
Learn more about HealthStream's Provider Credentialing, privileging, & enrollment solutions.View All Credentialing
Make sure your healthcare staff can schedule out appointments and work schedules with ease using HealthStream's line of software solutions.View All Scheduling