Screening Medical Practice for Employee Theft Risk Factors

Are you reviewing the operations of a medical practice?

• because of perceived grievances (lack of respect, unfair handling)?

• because of perceived poor compensation?

• to conduct background checks on employees?

• to carry employee dishonesty insurance on employees who handle money?

• to have a stong system of internal controls?

• to periodically (at least annually) review internal processes?

• to have an independent CPA audit and review process controls?

• only one person who makes bank deposits and posts collections from patients?

• someone other than a physician member of the practice who signs checks?

• only one person with exclusive control of bookkeeping functions?

• only one person with exclusive control of inventory?

• higher costs than can be explained by practice requirements?

• unexpected shortages in inventory that cannot be explained?

• unwillingness of an employee to have work reviewed?