Governance Webinar Series – Session 1 – Conflict of Interest: Is It Illegal?
May 11 @ 10:00 am - 11:00 am
Every year, hospitals and health systems ask their board members to review the conflict of interest policy and answer questions about whether they have any conflicts of interest with the institutions they govern. An Internal Revenue Service study showed that 46% of US nonprofit hospitals had at least one board member or officer with business ties to the hospital, either directly or through a relative. This session will remove the sense of taboo, explaining the true risks of conflicts of interest and how to manage them.
- Describe the governmental agencies that are concerned about conflicts of interest.
- Discuss the penalties that may be imposed for certain conflicts of interest.
- Identify conflicts of interest.
- Identify how conflicts of interest can affect health institutions’ public relations.
Barbara Person works with health care providers on Medicare reimbursement, provider contracting, medical staff issues, fraud and abuse investigations, the Emergency Medical Treatment and Active Labor Act, HIPAA, and Stark and antikickback laws. Person is a member of the American Health Lawyers Association and the Healthcare Financial Management Association.