TMIT does not solicit donations or sell any products or services. Many healthcare leaders say that they would have their organization adopt safer practices if they only had more financial resources. In response to this thinking, TMIT does not charge for any webinar, learning content, continuing education credits, attendance to national summits, or video content so that there will be no barrier to adoption of the work.
The majority of funding since TMIT was founded has come from Dr. Charles Denham personally and from his company Health Care Concepts, Inc., his solely-owned company. A substantial portion of the production of training materials and processes are donated staff time of HCC, which is undertaken on behalf of TMIT.
Over the years, TMIT has received two AHRQ grants, one for a meeting and one to support the CPOE Flight Simulator work. It has received a few grants from three supplier companies, including the two below.
Currently TMIT has no grants from the healthcare supplier industry, nor has it received any funding from the healthcare supplier industry – including device or pharmaceutical companies – since it received funding for the documentaries below.
The documentary Chasing Zero: Winning the War on Healthcare Harm was partially funded by CareFusion Corporation and HCC Corporation, an affiliate of TMIT that was a contractor to CareFusion. TMIT and HCC are no longer affiliated in any way with CareFusion. The documentary was in no way a commercial venture and was provided for free to the general public, as are toolboxes associated with the documentary. The documentary satisfied all of the continuing education credit requirements of the Discovery Channel. DVDs are provided at cost, and if there is any excess revenue generated by providing them, it is expended in DVD copies given away at national meetings.
The documentary Surfing the Healthcare Tsunami: Bring Your Best Board was partially funded by General Electric Corporation and Dr. Denham, with some in-kind support by HCC Corporation (owned by Dr. Denham and an affiliate of TMIT that was a former contractor to General Electric). The documentary was in no way a commercial venture, and is provided for free to the general public, as will be toolboxes associated with the documentary. The documentary satisfied the continuing education credit requirements of the Discovery Channel. DVDs are provided at cost, and if there is any excess revenue generated by providing them, it will be expended in DVD copies given away at national meetings.
During his tenure as Editor-in-Chief of the Journal of Patient Safety, Dr. Charles Denham was compensated in the amount of $7,500 annually by the journal’s publisher, Wolters Kluwer Health (operating as Medical Research/Lippincott Williams & Wilkins). In addition, a 5% royalty net on cash collections for all subscription revenues directly related to publication of the Journal in print or electronic form was paid to Dr. Denham. Dr. Denham donated all monies that were received from services provided to Wolters Kluwer Health, and all honoraria from speaking nationally, to support TMIT patient safety initiatives.
All speakers on TMIT webinars and at meetings are required to fill out the conflict of interest form that may be downloaded below. A more comprehensive form is in development that will mirror changes being used by leading journals, with more specificity including past, current, and ongoing financial relationships. This will be posted once it has been vetted.
Fact Checks and Corrections
The numerous errors in Forbes articles February 14, 2014 and March 8, 2015 are addressed in a Forbes Fact Check Review Report 2016 – click here to download.