Connect With Us:
Facebook Twitter LinkedIn

Look for Embezzlement Red Flags in your Dental Practice

Are you a victim of embezzlement in your dental practice? How would you know if you were? Pat Little, D.D.S, F.A.G.D., C.F.E., CEO and Founder of Dental Risk Concepts and Prosperident describes some of the red flags that may indicate that you are being embezzled. Look out for them to stop the crime in its tracks.
DMD Staff
PUBLISHED: Friday, April 7, 2017


Are you a victim of embezzlement in your dental practice? How would you know if you were? Pat Little, D.D.S, F.A.G.D., C.F.E., CEO and Founder of Dental Risk Concepts and Prosperident describes some of the red flags that may indicate that you are being embezzled. Look out for them to stop the crime in its tracks.
 
Interview Transcript (Modified for Readability)

“One of the best ways to protect from embezzlement is actually understanding the warning signs of embezzlement. The traditional approach to embezzlement is you try to prevent embezzlement through internal controls. You put a series of steps in place, and as you go through those steps, you can prevent someone from embezzling.
 
The problem, though, is that there’s so many ways to steal from a dentist that the dentist can’t block every single pathway with an internal control. The embezzler is going to find a way to get around it. Believe it or not, the most effective way to catch embezzlement or at least catch it early in the process is to watch for certain red-flag behaviors, for example, the workaholic, someone who loves to have control. Someone who wants to work continuously over the weekends or after hours.
 
RELATED: More advice from Pat Little, D.D.S.
 
· What To Do If You Suspect Embezzlement In Your Dental Practice
 
· How to Spot Embezzlement in your Dental Practice
 
· 5 Ways to Stop Cyber Crime in its Tracks
 
Prosperident actually has an entire checklist of red flag behaviors. Anyone can go to dentalembezzlement.com, get this free assessment sheet, go through, and find out how many red flags are in their office. That can let them know if they need to make procedural changes or if there are any real danger zones that need to be addressed immediately.”
 
Discover more Dentist’s Money Digest® videos here.


$vacMongoViewPlus$ $vAR$
Dentist's Money Digest
Partner Websites
MJH Associates
American Journal of Managed Care
ContagionLive
Contemporary Clinic
Cure
Cure Connections
Cure Hepatitis C
HRA
MD Magazine
ONCLive
OTCGuide
Pharmacy Times
Specialty Pharmacy Times
Rare Disease Report
Targeted Oncology
Resources
About Us
Careers
Press Release
Privacy
Terms & Conditions
Intellisphere, LLC
2 Clarke Drive
Suite 100
Cranbury, NJ 08512
P: 609-716-7777
F: 609-257-0701

Copyright Dentist's Money Digest 2019
Intellisphere, LLC. All Rights Reserved.