U.S. medical practices lose more than $25 billion annually through embezzlement, according to Medical Group Management Association estimates.
In an MGMA survey of 946 medical practices, 83% reported being victims of embezzlement at some point in their operation, Cynthia A. Matossian, MD, FACS, told Ocular Surgery News.
“It is so prevalent that the readers of this article are likely to be among the 83% who have experienced embezzlement in their practices,” she said. “You must be hypervigilant and engaged as a physician to minimize the risk. You don’t have to (Read more...)
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