Business COI Examples

Example #1

An NYU Langone Medical Center Member, a Trustee, or his or her Immediate Family has a Financial Interest in an entity or vendor that the Medical Center is contemplating doing business with (e.g., the Medical Center is contemplating purchasing, leasing or selling of goods, services, or real estate, or making or receiving a loan to or from such individual or entity, or is contemplating accepting a grant from such individual or entity for sponsored research).

Example #2

An NYU Langone Medical Center Member, a Trustee, or his or her Immediate Family proposes that the Medical Center use or purchase goods in which the NYU Langone Medical Center Member has a proprietary interest (e.g., an NYU Langone Medical Center Member advocates the use of a device designed by the NYU Langone Medical Center Member).

Example #3

An NYU Langone Medical Center Member, or his or her Immediate Family, or any entity in which he or she has a Financial Interest either engages in competition with a service provided by the Medical Center (e.g., by working for an organization which competes directly with the Medical Center, except that a member of the Medical Center's medical staff who is also on the medical staff of another hospital does not constitute competition so long as the second appointment is not prohibited by his or her employment contract).

FOR TRUSTEES

A Trustee, or his or her Immediate Family, or any entity in which he or she has a Material Interest either engages in competition with a service the Medical Center offers (e.g., by working for an organization which competes directly with the Medical Center).

Example #4

An NYU Langone Medical Center Member, his or her Immediate Family, or any entity in which he or she has a Financial Interest recruits any Medical Center faculty member or employee or solicit business which knowingly disturbs, or could be expected to disturb, the existing professional or business relationships of the Medical Center with any faculty member, employee, health care provider or referral source.

FOR TRUSTEES

A Trustee, or his or her Immediate Family, or any entity in which he or she has a Material Interest recruits any Medical Center Faculty Member or employee or solicits business which knowingly disturbs, or could be expected to disturb, the existing professional or business relationships of the Medical Center with any faculty member, employee, health care provider or referral source.

Example #5

An NYU Langone Medical Center Member proposes that the Medical Center hire or contract with his or her Immediate Family for a position or activity that is within his or her direct or indirect supervision or control. The employment of an NYU Langone Medical Center Member's Immediate Family with the Medical Center must be in accordance with NYU's Policy on the Employment of Members of the Same Family.

FOR TRUSTEES

A Trustee proposes that the Medical Center hire or contract with his or her Immediate Family for a position or activity that is within the Board of Trustees' direct supervision or control. The employment of a Trustee's Immediate Family with the Medical Center must be in accordance with NYU's Policy on the Employment of Members of the Same Family.

Example #6

An NYU Langone Medical Center Member or Trustee solicits or accepts a gift, favor or anything of monetary value from a contractor, vendor, patient, co-worker, volunteer or other person with whom the Medical Center has a business relationship, except as specifically provided in the Medical Center's Policy on Acceptance and/or Solicitation of Gifts or Benefits From Vendors, Patients and Others.

Example #7

An NYU Langone Medical Center Member or Trustee uses assets, property or labor of the Medical Center to his or her personal advantage.

Example #8

An NYU Langone Medical Center Member or Trustee discloses or uses any non-public information obtained in the course of discharging his or her duties and responsibilities at the Medical Center to his or her personal advantage.

_{For more details on business conflicts, see our Policies on Conflicts of Interest in Business Affairs.}