Similar Posts
“I’ll just let her go.” It’s time to say goodbye.
When forced to confront a dishonest employee, many dentists believe the best solution to their dishonest employee problem is to terminate the person’s employment and move on.
Which of these fraud scenarios is worse?
If you had to choose one of these, which would it be? #1: A patient pays $100 for services rendered. Your employee steals the $100 and covers up the theft by recording a write-off of $100 on the patient’s ledger. #2: Your fee is $500. Your employee collects $400 from the patient and then applies…
Does my practice have crime insurance?
“Employee dishonesty coverage is a must-have for every dental practice.” – William (Bill) Hiltz Topics included in this post What is Employee Dishonesty coverage? Employee dishonesty coverage will cover losses (up to a limit) as a result of employee theft of money, securities, or property. Employee dishonesty coverage can be purchased separately, but in many…
Economic uncertainty predicates embezzlement.
Dental embezzlement will spike for the at least the next 6 months. That’s a sobering thought; considering that before the pandemic, embezzlement was already big problem for dentists. In fact, the most recent ADA survey showed that HALF of dentists reported embezzlement Back in March, I made a post titled “An embezzler’s response to COVID-19“….
It’s not just employees who steal from dentists.
Here are just a few of the stories involving patient dishonesty. Insurance Fraud How to respond to patients asking the dentist to “cut corners” with insurance. Dental Identity Theft The woman had purchased a person’s entire profile, complete with personal information, from a mutual acquaintance. A search of her bag revealed a stash of cash,…
Usernames & Passwords – Enforce them!
Another in our series of FraudBuster Tips intended to keep your data secure and help you manage fraud, embezzlement, waste, and abuse in your practice. “Passwords, Use them like a toothbrush. Change them often and don’t share them with friends.”**Clifford Stoll – American astronomer, author and teacher. **Printed in the Proceedings of the Unix Security…
