Do you know how much your patients really pay you for procedures? Are you getting all the money that they bring to your practice? You would be surprised to know that according to the survey released by the Medical Group Management Association last year, nearly 83% of 688 practice managers were at some point affiliated [...]
Many banks are offering Positive Pay as an added step in fraud protection. The service will help to safe guard your cash and ensure that you personally approve every check written by your company. The process goes as follows: 1. You write checks and mail them out to make payments 2. At the same time [...]
If you think you’ve heard it from us before, you’re right. We can’t say it often enough: internal controls can be the life-blood of your business. It is far cheaper to prevent fraud than it is to suffer a loss. Let’s assume that you’ve taken our past advice. Approved department managers who do not write [...]