As a Category 1 CME provider, accredited by the ACCME, the Pennsylvania Medical Society requires that all individuals involved in the planning and execution of a Category 1 continuing medical education activity, as either content developers or faculty, provide disclosure on any financial relationships that they may have or that their immediate family may have with commercial interests within the last 12 months. A commercial interest is defined by the ACCME as “any proprietary entity producing, marketing, re-selling, or distributing health care goods or services consumed by, or used on, patients. The ACCME does not consider providers of clinical service directly to patients to be commercial interests.
As per the ACCME’s Standards for Commercial Support, any individual who refuses to disclose any relevant financial relationships with commercial interests “will be disqualified from being a planning committee member, a teacher or an author of CME, and can not have control of, or responsibility for, the development, management, presentation, or evaluation of the CME activity.”
Examples of financial relationship may include, but are not limited to: receiving a salary, royalty, intellectual property rights, consulting fee, honoraria, ownership interest (e.g., stocks, stock options or other ownership interest, excluding diversified mutual funds), or other financial benefit associated with roles such as speaking and teaching, membership on advisory committees or review panels, board membership, and other activities from which remuneration is received, or expected. The Extent of the relationship explains the scope of the relationship in terms of monetary amount received, time frame of relationship, etc.