A conflict of interest (COI)
is a situation in which a person or organization is involved in multiple interests (financial, emotional, or otherwise), one of which could possibly corrupt the motivation of the individual or organization.
The presence of a conflict of interest is independent of the occurrence of impropriety. Therefore, a conflict of interest can be discovered and voluntarily defused before any corruption occurs. A widely used definition is: "A conflict of interest is a set of circumstances that creates a risk that professional judgement or actions regarding a primary interest will be unduly influenced by a secondary interest."[1] Primary interest refers to the principal goals of the profession or activity, such as the protection of clients, the health of patients, the integrity of research, and the duties of public office. Secondary interest includes not only financial gain but also such motives as the desire for professional advancement and the wish to do favours for family and friends, but conflict of interest rules usually focus on financial relationships because they are relatively more objective, fungible, and quantifiable. The secondary interests are not treated as wrong in themselves, but become objectionable when they are believed to have greater weight than the primary interests. The conflict in a conflict of interest exists whether or not a particular individual is actually influenced by the secondary interest. It exists if the circumstances are reasonably believed (on the basis of past experience and objective evidence) to create a risk that decisions may be unduly influenced by secondary interests.
From Wikipedia.
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I Would Like To Introduce A Strange Thought In Lakewood
Moderator: Jim O'Bryan
- Jim O'Bryan
- Posts: 14196
- Joined: Thu Mar 10, 2005 10:12 pm
- Location: Lakewood
- Contact:
I Would Like To Introduce A Strange Thought In Lakewood
Jim O'Bryan
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
Lakewood Resident
"The very act of observing disturbs the system."
Werner Heisenberg
"If anything I've said seems useful to you, I'm glad.
If not, don't worry. Just forget about it."
His Holiness The Dalai Lama
-
Rhonda loje
- Posts: 647
- Joined: Wed Jun 29, 2005 10:08 pm
Re: I Would Like To Introduce A Strange Thought In Lakewood
Strange thought?
Wouldn't you think that this is probably a logical thought?
Should we examine more closely?
Wouldn't you think that this is probably a logical thought?
Should we examine more closely?
"Dont it always seem to go
That you dont know what youve got
Till its gone
They paved paradise
And put up a parking lot"
Joni Mitchell
That you dont know what youve got
Till its gone
They paved paradise
And put up a parking lot"
Joni Mitchell
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Bill Call
- Posts: 3319
- Joined: Mon Jun 06, 2005 1:10 pm
Re: I Would Like To Introduce A Strange Thought In Lakewood
You are wasting your time.
Lakewood Hospital was making money and had a positive cash flow and the Clinic and more importantly, The Lakewood Hospital Foundation and the Lakewood Hospital were working to kill it.
Since most of the board members are not residents of Lakewood so its easy to see why they really didn't care.
Do people who donated to the foundation get a refund? While the foundation was busy accepting all of those donations to "support the Hospital" the Board was busy planning the Hospitals destruction.
Is that fraud?
Who gets the $32 million dollars?
Lakewood Hospital was making money and had a positive cash flow and the Clinic and more importantly, The Lakewood Hospital Foundation and the Lakewood Hospital were working to kill it.
Since most of the board members are not residents of Lakewood so its easy to see why they really didn't care.
Do people who donated to the foundation get a refund? While the foundation was busy accepting all of those donations to "support the Hospital" the Board was busy planning the Hospitals destruction.
Is that fraud?
Who gets the $32 million dollars?