Each year, Children's of Alabama (Children's) asks its Trustees, Officers and certain designated employees to complete a Conflict of Interest (COI) Disclosure Statement. The statement is reviewed by Senior Management to ensure the interests and activities of each of these individuals does not conflict, appear to conflict, or compete with the interests of Children's. After each completed statement has been reviewed, the results will be presented to the Finance and Audit Committee of the Board of Trustees.
Because Children's of Alabama is a non-profit, tax-exempt organization, the Internal Revenue Service requires the hospital to disclose any potential conflict of interest on Form 990, which is submitted annually to the IRS.
Children’s of Alabama Corporate Compliance Department develops and annually distributes the Conflict of Interest Disclosure Statement to acknowledge Children’s employees' receipt and understanding of the Children’s Conflict of Interest Policy.
A conflict of interest may result when an employee, trustee, contractor/non-employee, or vendor has an outside relationship that may bear influence on or conflict with their responsibilities at Children’s.
Examples may include, but are not limited to:
This spreadsheet provides guidance on how to manage your most commonly encountered COI situations - Identifying and Managing Conflicts of Interests
Detailed information can be found in the Conflict of Interest Policy (in Lucidoc) and the Code of Conduct on the Intranet.
If after reviewing those resources you are unsure that a conflict of interest exists, please contact the Compliance Officer at 638-7134 to discuss the matter.
If you become aware of a known or possible conflict of interest at any time during your work relationship with Children’s of Alabama, please contact the Compliance Department for a review of the circumstances. We will guide you on the need to complete an electronic COI Disclosure Form.