In The News

Archive for the ‘Prevention’ Category

2011 Publications in the Idaho Statesman’s Business Insider

Several of Denise’s articles were published in Business Insider in 2011:

Kootenai County Learns from Embezzlement

Lessons Learned from Embezzlement Cases at Colleges

Embezzlers Taught Port of Hope’s CEO a Bitter Lesson

How a Caldwell Bookkeeper Stole $1 Million form Isom

Law Firms Face a Higher Risk of Embezzlement than Most

Workplace Fraud May Cost the State Economy $2.7 Billion a Year

Why Bright, Educated People Steal From Their Employers

Your Trusted Employees Are the More Likely Embezzlers

Misplaced Trust: Businesses Pay for Worker Malfeasance

Denise was quoted in this article published 1-20-12 in the Idaho Business Review.

Embezzlement from Medical Offices

Catch the Thief in Your Office – Denise was qouted in this article published February 2012 in the American Academy of Orthopaedic Surgeons newsletter (AAOS Now).

2012 Articles Published in Idaho Business Review

Visit www.idahobusinessreview.com for Denise’s recent articles on fraud and embezzlement:

Five Tips for Nonprofit Board Members;

Don’t Tell Your Daughter I am Here… (Elder Financial Abuse);

Property Management is a Risky Business;

Don’t Lose Touch with Your Company’s Wheel of Fortune

Medical Office Embezzlement Risk Heightens at Beginning of Year

In this article published in American Medical News (amednews.com), the American Medical Association online newsletter, Denise weighs in on the importance of creating a “perception of detection” in small medical practices and other businesses where it is nearly impossible to segregate duties. Surprise audits by someone who is trained to recognize when “something doesn’t look right” is a key deterrent to an employee who might otherwise take advantage of lax controls. Follow the link to read the article: 

http://www.ama-assn.org/amednews/2011/01/17/bica0117.htm

Employee Theft in Group Practices Costs Billions of Dollars Annually

In the September issue of the MGMA journal Connexion, Denise and Jim Margolis present the results of a proactive collaborative research study on embezzlement in the medical practice realm. Find out why medical groups lose an estimated $25 billion to theft and embezzlement every year, and how to prevent it from happening. Click here to read the article: MGMAConnexion_Sept2010Feature

Preventing Employee Fraud

Quoted in this article for Modern Physician, Denise details preliminary results from theft and embezzlement research developed in conjunction with the Medical Group Management Association, and outlines how medical groups—particularly vulnerable to embezzlement—can prevent theft though one key principle: trust, but verify.

Does Your Practice Manager Have Too Much Control?

Quoted in this article for American Medical News published by the American Medical Association, Denise helps physicians mitigate embezzlement risks from medical office managers through simple management changes, and offers advice on the right balance between micromanaging employees and taking a hands-off approach.

Employee Theft & Embezzlement Survey Report

The Idaho Medcial Group Management Association enlisted Denise’s expertise in designing a survey about embezzlement schemes perpetrated in Idaho medical practices. Idaho MGMA members were fascinated by the findings and tips for prevention.

Employee Theft Rises During Economic Downturn

In an article for the Healthcare Compliance Association Journal, Denise brings the current economic situation to bear for a dip in employee morale, and a rise in financial pressures and workplace embezzlement. Includes simple management tips and low-cost solutions to ease the risk.