Embezzlement, it’s an inside job

Embezzlement is real and it happens in health care practices. Let’s explore embezzlement and employee theft in practices.

One of the few things we want to face in our business is that employees will steal from the practice. Why would someone do that when we are all there to provide a service to the community? Who would do that to us?

As it turns out, this is no small problem. It ranges from small amounts of money, a few items being taken to a loss that can result in staggering amounts of money.

On average, practices that experience this, lose approximately $450,000 annually!

In this episode of the NP Business Matters Podcast, we’ll talk about what is going on, who is doing it, and things you can do to protect your business. We’ll close with suggestions on what to do when it happens to you. Plus we share real examples of practices that have been there.

I invite you to share your story below.

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Your Turn

Share your experience with employee theft and/or embezzlement below.

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