Application of Default Rules to Address Financial Conflicts of Interest in Academic Medical Centers
9 Pages Posted: 16 Apr 2012
Date Written: April 16, 2012
Abstract
This essay proposes that the rules governing financial conflicts of interest for scientists within the National Institutes of Health apply to scientists at Academic Medical Centers because scientists at both places receive federal funding. The rules governing financial conflicts of interest within the National Institutes of Health are stricter than the rules at Academic Medical Centers. The cornerstone of financial conflicts of interest rules at Academic Medical Centers is disclosure, which is inadequate. This essay builds on previous work calling for significant changes to rules addressing financial conflicts of interest. This essay promotes changes by calling for the application of stringent rules governing financial conflicts of interest in Academic Medical Centers.
Keywords: Health Law, Financial Conflicts of Interest, Default Rules, Biomedical Policy
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