How to Prevent Embezzlement at Your Medical Office

Event Information
Product Format
Prerecorded Event
Jill M. Young, CPC, CEDC, CIMC
Conference Date
Tue, Jul 10, 2018
60 minutes
Product Description

Tips and Tools Your Medical Practice Should Follow to Achieve Cash Security

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.

Session Highlights

This session will bring you up to speed with:

  • Mail – how to handle, sort and balance
  • EFT – what steps to take to ensure all postings are completed
  • Bank statements – what simple step can stop embezzlement at a manager’s level
  • Front desk – what checks and balances should be in place
  • Security – what are the access levels employees have to cash from patients
  • Petty cash – is it necessary?  If so, how to keep it secure
  • Bank deposits – cost effective, secure ways to get your money to the bank
  • Audits – quick audits can be done as a spot check but complete audits are still needed to ensure the status of your practices’ finances

Who Should Attend:

  • Physicians
  • Office managers
  • Practice administrators
  • Front desk staff (wanting to protect themselves)

Ask a question at the Q&A session following the live event and get advice unique to your situation, directly from our expert speaker.

Order Below or Call 1-844-384-4744 Today

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About Our Speaker

Jill M. Young - Pulmonology Guidelines Expert

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...   More Info
More Events By The Speaker

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