What is an example of a corporate structure that meets the ACCME's requirements for independence?
The ACCME offered several alternatives for corporate restructuring that met its requirements. For example, the ACCME determined that an accredited CME provider can have a sister corporation that is a commercial interest, as well as a parent corporation that is not a commercial interest, as long as each corporation is a separate legal entity and there are proper firewalls in place. The corporation that is the CME provider:
- is not owned or controlled by a commercial interest;
- has separate management;
- is the employer of record;
- has a governance structure separate from the governance structure of the commercial interest; and
- receives any funds from a commercial interest only as commercial support.