In a report released last month, the Institute of Medicine called for a more coordinated effort within the medical profession to police financial conflicts of interest for individuals and institutions (http://www.nap.edu/catalog.php?record_id=12598).
The authors suggest that various organizations band together to establish a standard for the content and format of disclosures of financial conflicts of interest and to standardize the related procedures. For example, the report notes that a computer questionnaire could be created that uses prompts to guide individuals through the process for disclosing their financial conflicts of interest; the collected information could then be automatically reformatted to meet the needs of their academic institution, a medical journal, or other interested party.
Kuehn BM. IOM: Increase Policing of Conflicts of Interest. JAMA. 2009;301(20):2083. doi:10.1001/jama.2009.710