Systems and Safeguards in the Dental Office

Chances are you or a dentist you know has been ripped off by a trusted staff member. That might sound like a negative perception, but industry statistics and our informal polls of dental groups have shown it’s true: 30%-40% of dentists will become victims of embezzlement at some point in their careers. The current poor economic environment and our increasing dependence on computers are making fraud and theft even easier and more common. So what has your office done to deter and detect these problems.

Like many small businesses, dental offices are prone to fraud and embezzlement due to the concentration of many financial activities in a small staff. When the dentist is busy focusing on dental procedures and day-to-day operations, it’s difficult to keep watch over all staff activities. If you want to safeguard your practice’s assets, Dental Practice Advisors can work with you to assess your current risk, create an environment to limit your risk, and put checks and balances in place to monitor the activities most prone to fraud and embezzlement.