NMMMA November 2012 Educational Session – 1.2 Million Dollar Bonus – Is Embezzlement Alive and Well in Your Practice?

Steve Robinson – S&R Consulting

by Richard Stokes

I once heard from a CPA that embezzlement can and does happen in just about every business.  He then went on to say that as a business owner even if you don’t suspect that it is happening to you, you should ask yourself the question, “If I were going to steal from me, where would I do it and in a way that would raise the least amount of suspicion?”

This month’s speaker at the North Metro Medical Managers Association is Steve Robinson from S&R Consulting.  Steve is going to be talking to us about embezzlement and posing the question: “Is it alive and well in your practice?”  Steve says that this topic is particularly important today because we’re living in tougher economic times, physicians are getting squeezed everywhere and it’s much more prevalent than people think.

Some of the key points you can expect to take away from Steve’s presentation are:

  • Why embezzlement could happen to you and your practice.
  • Controls that you can put in place to preclude or impeded the occurrence.
  • How to insure that money accountability is directed to the proper person and that no one person has complete control over this aspect.

We’re all very busy and as with any educational sessions/seminars you attend, the information you get is only useful if you do something with it.  So, at a high level Steve hopes that after hearing his presentation you’ll take action in the following areas:

  • Evaluate who handles the money
  • Identify weak areas and implement controls

With over 24 years of experience in the healthcare field, Steve is a great resource so please ask questions at the meeting or get with him afterwards.  If you are looking for additional online resources he says that Google is awash with articles on this topic but you can also search on:

If you haven’t already registered for this month’s event, what are you waiting for?  Feel free to share this with your peers and colleagues and invite them to attend as well.  North Metro Medical Managers Association.

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Richard Stokes: As the Director of Sales for Network 1, Richard identifies “future” clients that can benefit from the support of an experienced, outsourced IT team. He helps clients and prospects find technology solutions they need to achieve better productivity and efficiency so they can focus on making money and growing their businesses.

Network 1 designs, builds and supports the IT you need to run your business more securely, productively and successfully. Whether you want to outsource all of your IT needs to a reliable, responsive, service-oriented company, or need to supplement the work of your internal IT staff, we will carefully evaluate where you are now, discuss where you want to go and implement and support a plan to get you there with as little interruption as possible.

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