tci Outpatient Facility Coding Alert - 2017 Issue 10

Revenue Cycle Management: 7 Ways to Prevent Embezzlement in Your Business Office

Tip: Conduct outside audits every three years. A former administrator at a surgical eye center was recently indicted by a federal grand jury for allegedly embezzling more than $500,000 from her employer, the Department of Justice announced September 13, 2017. In this case, the employee was able to siphon off funds because she had access to two credit cards that she was supposed be using to pay for office equipment and supplies. Instead, she was using the eye surgery center's credit cards to pay for "her son's private school tuition, maid services for her home, entertainment, dining, high-end...

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