Timothy Zoph, a vice president and chief information officer for Northwestern Memorial Hospital, Chicago, was appointed to the board of directors for Technology Solutions Co., a healthcare consultancy specializing in radio frequency identification, and radiology and cardiac imaging.
But the appointment should not pose any conflicts of interest, according to an official for the company, because it currently doesnt do business with that institution and, if it ever did, all connections would be disclosed.
We dont have any work with Northwestern hospital at this time, said Technology Solutions Chief Financial Officer Sandor Grosz, adding that if that situation changed, the necessary disclosures of Zophs affiliation would be made in any accompanying financial statements.
A hospital spokeswoman said that Northwestern has conflict-of-interest policies and that Zophs appointment was scrutinized and found to be in compliance with those policies. She added that Technology Solutions does not do any work for Northwestern and the 776-bed hospital plans to keep it that way as long as Zoph serves on the companys board.
Meanwhile, Grosz said that Technology Solutions had a former board member employed by Bausch & Lomb and that Technology Solutions performed work for that company without raising any conflict concerns. Being a public company, we follow all appropriate rules, Grosz said. We comply with all ... rules to make sure that information is disclosed appropriately.
Grosz said Zoph will receive the companys normal compensation for directors who are not employed by Technology Solutions. According to a proxy statement filed last year, this includes annual compensation of $25,000, plus a per-meeting fee of $1,500 for board meetings and $1,000 for attending committee meetings. A stock option plan is also provided.
Zoph was recognized as the 2003 John E. Gall CIO of the Year by the Healthcare Information Management and Systems Society and the College of Healthcare Information Management Executives. From 1984 to 1993, he was the assistant vice president and director of hospital information systems for Froedtert Memorial Lutheran Hospital in Milwaukee.
With Zophs appointment, Technology Solutions board expands to seven members. The company also has clients in manufacturing and financial services.