Introduction

It has been estimated that one in six doctors will experience embezzlement at some time during their practice years. A busy doctor is an easy target for embezzlement and in a down economy; a doctor may be even more at risk.  The importance of educational, credit checks and drug screening will also be covered as well as practice policies and procedures implementation.  Savvy embezzlers can fool even the most experienced employers, so learn how to protect yourself.  Real life case examples will be discussed.  “Tips to Protect Your Practice From Embezzlement” was published in The Journal of Medical Practice Management. Jan/Feb 2016.  

Learning Objectives

At the conclusion of this course, physicians and managers will learn how to:

• Identify potential embezzlers behavior and the ways they steal
• Protect the practice from employee embezzlement by instituting accounting controls, effective screening and management techniques
• Take action to prosecute and or obtain restitution

Areas Covered In The Webinar

• Why Employees embezzle
• The most common ways employees embezzle 
• Behavioral signs that may signal stealing
• New easy on-line education, credit check and  background screening
• Importance of drug screens 
• Proper employee reference checks 
• Dangerous work patterns 
• Petty cash and co-pay controls 
• Accounting control procedures 
• Spot-checking techniques to uncover possible abuses 
• On line banking, lines of credit and bank reconciliation risks
• What to do after you discover embezzlement

Who Will Benefit

• Physicians
• Medical office Managers and Administrators
• Hospital administrators
• MSO managers.