Martin Memorial Health Systems has selected Conflict of Interest Disclosure Statement tracking system from TractManager’s MediTract division, a provider of contract management services to hospitals.

By implementing TractManager’s new Conflict of Interest Disclosure Statement (COIDS) tracking system, Martin Memorial was able to ease the management process of tracking which individuals were involved with outside interests and identifying family members in various departments.

The COIDS system uses a centralized database that manages multiple categories of statements with specific areas for compliance and the disclosure of outside interest and activities. Authorized users have secure access to the database and are able to review statements for possible conflicts, and can demonstrate control and compliance for accreditation and auditors.

Martin Memorial Health Systems (MMHS) has also expanded its use of TractManager’s products to include the company’s PropertyTract solution, which manages facility related leases, service contracts, and property information for the health system’s real estate and construction division.

Scott Jeffery, president and COO of MediTract, said: Our contract management service and other compliance tools have been successful because they meet the needs of the nation’s hospitals, and offer alternatives to hiring additional staff or dedicating existing staff member’s valuable time to help manage contracts and compliance activities.