March is Fraud Prevention Month
40% of Canadian organizations reported that they were victims of fraud in the last two years. This includes asset mis-appropriation, procurement, and cyber fraud, as reported on CanadaAM on March 9, 2016 interview with Lori-Ann Beausoleil, PWC Canada.
Ophthalmology Business article, ‘6 Ways To Curb Employee Theft‘ includes tips that physicians and administrators can do to curb the risk of theft.
- Vet your employees
- Track inventory
- Let employees know that you are concerned about fraud
- Separate financial-related duties
- Out of sight, out of mind
- Use electronic health records (EHR) to your advantage
Read ‘6 Ways To Curb Employee Theft‘ to see all the suggestions by Jean L. Eaton, Steve Dawson, Jodie Boxe in this article by Vanessa Caceres.
For more suggestions on how to manage risks especially when your staff work alone, see my interview with Dave Rodwell, ‘Do Your Staff Work Alone?'
There are many things that you can do to prevent fraud in your healthcare practice. Being aware of the risk is your first step.