83% of physicians’ offices have been embezzled, according to a 2009 MGMA study. Are you surprised? Embezzlement headlines are in the news every day, but physicians’ offices are often not listed as victims. The question of prevention is long overdue, because this could easily happen to your practice. “Trusted” employees should be a part of a practice-wide process in handling the office funds. So what steps are you taking to protect your hard-earned cash?
Attend this audio conference by industry veteran Jill Young, who will provide tips and tools to reduce the risk of embezzlement, regardless of the size of your medical establishment. Young will walk you through everything you should know – from handling, sorting and balancing your mails, to the steps you should take to ensure all postings are complete. You will learn how to prevent embezzlement at the manager level, carry out front desk checks, keep your petty cash secure, and get your money to the bank safely. You will also learn how to do quick audits and spot checks to ensure that your practice’s finances are in order.
After attending this session, you will be able to ascertain that your funds are appropriately deposited and accounted for. You will also know how to track missing funds by following a simple, step-by-step inquiry process that leaves you in no doubt.
This session will bring you up to speed with:
Who Should Attend:
Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.
Jill Young, CPC, CEDC, CIMC, is the Principal of Young Medical Consulting, LLC, A company founded 11 years ago to meet the education and compliance needs of physicians and their staff. Jill has over 30 years of medical experience working in all areas of the medical practice including clinical, billing and rounding with physicians. Her comments and opinions can be seen in several publications and also...
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