Smaller clinics are especially vulnerable to office embezzlement. The reality is that smaller clinics just don’t have the available tools to set up more than limited internal control measures. They are limited by a lack of personnel, management expertise, or required management time.
Unfortunately, it has often been discovered when reviewing business operations of smaller clinics that little to no attention has been placed on even the rudimentary, easy-to-implement office practices that can help mitigate (but not eliminate) this vulnerability. Many office embezzlements could be avoided if some simple internal controls were implemented and monitored.
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Length: 2 pages (PDF 90 kB)