Thursday, May 26, 2011

Some Medical Deans Fail to Disclose Outside Income on University Web Sites, Report Says

VIA The Chronicle of Higher Education-read the entire article here:

Some Medical Deans Fail to Disclose Outside Income on University Web Sites, Report Says

By Katherine Mangan

"At a time when medical schools are facing unprecedented scrutiny for potential conflicts of interest, a number of their deans have either failed to disclose or underreported the income they received for serving on health-industry corporate boards, according to a report to be presented next month at a national faculty meeting.

A shortened version of the report, "Failure by Deans of Academic Medical Centers to Disclose Outside Income," appeared in the March 28 issue of the Archives of Internal Medicine. Its findings will be presented at the annual meeting of the American Association of University Professors, in June, in Washington.

"Deans are supposed to be exemplars," said the report's lead author, M. Felix Freshwater, a Miami physician and voluntary professor of surgery at the University of Miami's School of Medicine.

The authors compiled a list of all medical-school deans in the United States as of June 2009 and compared the income the deans reported on their universities' Web sites with what the companies reported to the U.S. Securities and Exchange Commission.

They found that seven of the 161 deans served as directors of a total of 10 health-industry companies. The compensation those seven deans earned for their board service ranged from $11,250 to $640,038, with a median of $217,454."


and

"The University of Miami's Web site underreported the income received by its medical dean, Pascal J. Goldschmidt, for two outside directorships by 39 percent and 82 percent, according to the report. The dean said his reported income did not include stock options that he held but had not exercised."



Isn't U of Miami where Charles Nemeroff went to after leaving Emory University for COI?

Huh.

1 comments:

yobluemama said...

The money grab ethical lapse is more infectious than sexually transmitted diseases apparently...