Conflicts of Interest

Interactions with Vendors and Other Commercial Entities

Disclosure of Financial Interests

Mount Sinai faculty and staff involved in decisions regarding the purchase of equipment or supplies - including individuals who serve on formulary committees - must submit an annual conflict of interest disclosure form identifying any financial interests that they have with vendors or potential vendors. Anyone with a conflict of interest may not participate in discussions and decisions on:

  • Purchases from a company in which they have a financial interest
  • Purchase of products of a competitor of the company in which they have a financial interest