AHA Endorsement:
Conflict of Interest Management Solutions
“Kyruus provided our organization with information that we had never been able to see in one place before-everything from state licenses to legal records to clinical trials registries to self-reported information. In essence, they created a robust profile of physician activity across our facility network that helped us maintain compliance, but also enabled us to think beyond our regulatory constraints to how we could best leverage the valuable physician resources within our organization.” — Dr. Leon Goldman, Former Chief Compliance Officer, Beth Israel Deaconess Medical Center
Rapid growth in the amount of publicly available data has enabled unprecedented access to physician information from the media, general public and regulatory bodies. Regulation, corporate integrity agreements and professional codes of conduct drive the need for greater collaboration between hospital administrators and physicians managing potential conflicts of interest (COI) related to physician payments. Health care transparency and the dynamic nature of new regulations require new solutions for leveraging data and using it to improve disclosure insight.
Why We Endorsed Conflict of Interest Management Solutions from Kyruus, Inc.
We identified Kyruus as a leader in providing solutions to help care organizations and physicians manage the regulatory burden and reputational risks associated with physician-field interactions and payments. Kyruus uses Big Data to process billions of public and proprietary data points. The solution incorporates significant financial interests and professional accomplishments, such as publications and participation in clinical trials, to pre-populate individualized profiles and reduce administrative burden of reporting.
Kyruus solutions reduce the need for manual staff effort by automating the verification of internally collected disclosures, providing notifications for new public records, and creating configurable thresholds for policy violations. Compliance personnel are confident they have the up-to-date data necessary to manage reputation and public relations risk, benchmark their institution against peers and identify potential risk areas. Delivered as private, software-as-a-service (SaaS) applications, Kyruus minimizes IT burden with solutions that are easy to use and easy to maintain.
Kyruus differentiates itself by reducing the manual burden associated with COI management, improving policy compliance, providing improved transparency and decreasing reputational risk. With its solutions, the organization demonstrates deep commitment to helping physicians and hospitals optimize the ways in which they engage with the health care community. Click the show more button below or visit their Web site at Kyruus.com.