Examples Of Conflict Of Interest In Health Care

Conflicts of Interest in Health Care
John Doe
2/3/2014
Dr. Faisal Aboul-Enien

Conflicts of Interest in Health Care
Every company wants to protect their own investments, this is a practice that has self-preservation at its core, and unfortunately self-preservation is a practice that can often cause conflicts of interest. This happens “when physicians have motives or are in situations for which reasonable observers could conclude that the moral requirements of the physician’s roles are or will be compromised. In terms of industry influences, financial conflicts of interest occur when physicians are tempted to deviate or do deviate from their professional obligations for economic or other personal
Some parts of health care may seem like the norm or harmless, given certain circumstances, can have a huge level of unethicality. For example, certain companies have appreciation programs or incentives to show appreciation for their employees. However, these rewards (when given excessively or habitually) may add up and greatly affect shareholders in the long run. This example of gifting is a practice that may more often than not, be construed as unethical and/or for personal gain. If personal gain is the main motive, then a conflict of interest is more likely to occur. Conflicts of interest occur within health care when providers’ self-interests, along with personal interests become interlocked which can interfere with professional judgments or actions. When one power makes a business decision based on an arrangement with another power to mutually benefit them both can create a conflict of interest. Conflicts of interest may occur in any organization, at any moment, which can result in bad decision making that can affect an organization negatively. A conflict of interest in health care, can influence a health care professional to alter his or her treatment plan of care
Standford Social Innovation Review, 9(4), 8-9. Retrieved January 21, 2012,from ABI/INFORM Global. (Document ID: 2561976051 ).
Pozgar, G.D., (2010) Legal and ethical issues for health professional (2nd ed. MA: Jones and Bartlett Publishers.
Pear, R., (2012, January 17) Fees To Doctors By Drug Makers To Be Disclosed:[National Desk] New York Times (2012 ), p.A.1. Retrieved January 21, 2012, from Banking Information Source. (Document ID: 256976051 )
National Institute of Health (2009) Conflict of Interest and Medical Practice. Retrieved January 20, 2012, from http://www.ncbi.nlm.nih.gov/books/NBK22944.
National Physicians Alliance (2012) Conflict of Interest with Pharmaceutical Industry. Retrieved January 21, 2012, from http://npalliance.org/integrity-trust-in-medicine/conflicts-of-interest- with-pharmaceutical-industry
Lo, B., Mayfield, M.J., (2009) Conflict of interest in medical research, education. DC: The National Academies