The Basics

This standard simply requires that your organization require the members of the P&T Committee to sign a conflict of interest statement each year revealing their economic interests or relationships that could influence committee decisions.  

Management Tips

Again, it is not sufficient to produce conflict of interest statements from the members of the committee.  Not only must you assure that the statements are dated less than a year before the date of the on-site review, but also you must have a policy and procedure that requires the annual signing by your committees members of a conflict of interest statement.

URAC Accreditation Tips

This is a mandatory standard.

For the desktop review, you may submit either the policies and procedures or committee charter, or both.  In addition, you should submit a template of a conflict of interest statement.

During the on-site review, you will need to provide copies of conflict of interest statements from every member of your committee.  We recommend that you simply provide a binder that has all such statements gathered together.  In addition, the reviewer will examine committee minutes to make sure that there is nobody on the committee for whom you do not have a current conflict of interest statement.