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UWHC,

Nursing,Clinicians,Business,

Departments & Programs,UW Hospital and Clinics,Compliance,Code of Conduct/Ethics

Guidelines for Identifying Outside Activities That May Result in Material Conflict of Interest

Guidelines for Identifying Outside Activities That May Result in Material Conflict of Interest - Departments & Programs, UW Hospital and Clinics, Compliance, Code of Conduct/Ethics

Focus

The University of Wisconsin Hospital and Clinics is engaged in the delivery of health care in the state of Wisconsin and surrounding regions. 

Any outside activity in the health care field where an employee is receiving compensation that depends on the success of a competing health care business may result in a material conflict of interest. 

Any outside activity where an employee is receiving compensation that depends on the success of a business that obtains referrals from UWHC of patients, materials, or other business may result in a material conflict of interest. 

Any outside activity where an employee is receiving compensation that depends on the success of business that is selling products or services to UWHC may result in a material conflict of interest. 

Compensation that depends on the success of a business includes, for example (a) a share of revenues or profits or (b) stock or stock options. 

Hospital policy forbids employees, their immediate family members or organizations with which the employee is associated to enter into any contract or lease involving payments of $3,000 or more within a 12 month period if the employee is in a position to approve or influence the UWHC decision to enter the contract or lease, unless written disclosure has been made to the CEO or his/her designee and he or she approves the contract. 

Conflict of interest is not just limited to these types of financial relationships, but they involve the highest risk of material conflicts.