Speaker Financial Disclosure 7678

Financial Disclosure

The Accreditation Council for Pharmacy Education (ACPE) Standards for Commercial Support require that all continuing pharmacy education providers "...be able to show that everyone who is in a position to control the content of an education activity has disclosed to the provider all relevant financial relationships with any commercial interest." "Relevant financial relationships" are defined as financial relationships in any amount occurring within the past 12 months. A "commercial interest" is defined as any entity that produces, markets, resells, or distributes health care goods or services consumed by, or used on, patients. (Providers of clinical services directly to patients are not commercial interests.) Financial relationships are those in which the individual -- or the individual's spouse or partner -- benefits by receiving a salary, royalty, intellectual property rights, consulting fee, honoraria, or other financial benefit. Financial benefits usually are associated with roles such as: employment, management position, independent contractor (including contracted research), consulting, speaking, teaching, membership on advisory committees or review panels, Board membership, and any other activities in which remuneration is received or expected. Ownership interests (e.g., ownership of stocks, stock options, or similar interests, excluding diversified mutual funds) also qualify as financial relationships.

In keeping with this requirement, APhA asks that all faculty, advisory board members, planning committee members, content development consultants, and staff complete a disclosure form for each program in which they are involved. Anyone who refuses to disclose relevant financial relationships must be disqualified from any involvement with a continuing pharmacy education activity.

Financial Relationships: