CON301: Preventing Fraud and Embezzlement: What Every Medical Practice Should Know

Eligible for: ACMPE: 1 | ACHE: 1 | CEU: 1 | CME(AAPC*): 1 | CPE: 1.2 | PDC: 1
Traditional | Basic | Comprehension

Fraud and embezzlement are persistent threats in the healthcare industry, often resulting in significant financial losses and reputational damage. This session will delve into the critical importance of establishing and maintaining robust internal controls within medical practices. The speakers will provide insights into the various forms of occupational fraud and asset misappropriation that can occur in healthcare settings. They will discuss the essential components of an effective internal control framework and share best practices for implementation tailored to the unique needs of medical practices. Attendees will learn how to identify and mitigate risks through proactive measures and continuous monitoring. The session will also cover the common red flags that may indicate fraudulent activities, helping you to detect and address issues early.