Facing criticism over his decision to strip cardiologist Eric Topol of his post at the Cleveland Clinic's medical school, CEO Delos "Toby" Cosgrove said the hospital will authorize an independent review of potential organizational conflicts of interest. Topol is believed to have lost his position partly as result of criticism of the CEO's role at Foundation Medical Partners, a venture capital fund which made investments in technologies used at the clinic.
- read this article from The Wall Street Journal (sub. req.)
ALSO: Reports today question one of the investments the Clinic made through Connecticut VC firm Canaan Partners--a position in CardioVention, a now-defunct start-up. Article (Wall Street Journal sub. req.)
PLUS: New York Times columnist Paul Krugman weighs in on the conflict of interest story. Article