Individual Financial Conflict of Interest in Clinical Health Care

Overview

The UConn Health Individual Financial Conflict of Interest in Clinical Health Care Policy applies to all aspects of clinical heath care and promotes objectivity by establishing standards to reasonably ensure that the planning, support and delivery of clinical health care will not be biased by any conflicting financial interest of a clinical practitioner. All clinical practitioners must, in accordance with this policy, disclose any significant financial interest (including those of spouse or dependent child) that relate to the clinical practitioner’s institutional responsibilities and, if applicable, comply with any financial conflict of interest management or mitigation plans.

What Is a Significant Financial Interest (SFI)?

A Significant Financial Interest is a financial interest/relationship that you (or your spouse or dependent children) have in or with an Entity possibly related to your institutional responsibilities (area of expertise) that meet the following thresholds:

  • $5,000 value (for aggregated payments from any Entity; or equity interest in a publicly-traded Entity);
  • Any equity interest in a non-publicly traded Entity; or a greater than 5% equity interest in a publicly-traded Entity;
  • Any intellectual property rights/interests possibly related to your institutional responsibilities upon receipt of income exceeding $5,000;
  • A proprietary interest in the products, services, technologies, or instruments being prescribed or used in the Clinical Practitioner’s clinical health care

What Is a Financial Conflict of Interest (FCOI)?

A Financial Conflict of Interest (FCOI) is a significant financial interest that could directly and significantly affect the planning, support or delivery of clinical health care.

Where Can I Find the UConn Health Policy on Individual Financial Conflict of Interest in Clinical Health Care?

Policy on Individual Financial Conflict of Interest In Clinical Healthcare

How Do I File a Disclosure Form?

You must submit a financial disclosure in the UConn Health InfoEd Financial Interests (FCOI) system.

NetID and password are required.

What Happens After I File a Disclosure Form?

The Clinical Conflict of Interest Committee reviews the form, determines whether a real or perceived conflict exists, and, if so, and institutes a management plan to address the real or perceived conflict of interest.

Questions or Concerns?

Please contact Dr. Richard Simon or Gus Fernandez-Wolff.