Embezzlement is Common in Dentistry, Here’s How to Spot It and Prevent It

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Embezzlement is Common in Dentistry, Here’s How to Spot It and Prevent It

Do you have a team member stealing from you? It may seem unlikely, but most dentists are surprised to learn just how common it is. Experts estimate that more than 40% of practices are embezzled and we’ve seen losses stack up well into the 6 figures. It’s important to have systems in place to prevent embezzlement and alert you when it’s occurring in your practice. 

In today’s episode of The Strategic Thinker, Dr. John Meis and Drew Schaefer are talking in depth about how to spot embezzlement, how to handle it, and the important checkpoints to put in place to prevent it. While it’s a difficult and often painful topic to address, it’s a part of practice management that can’t be ignored.

The Strategic Thinker
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Spark is a curated private group of owners and leaders of group dental practices, who come together four times a year to collaborate in a safe, inspiring, and humbling way. Spark is an invitation-only group specifically tailored to help you grow your small to mid-sized dental groups or DSOs by a factor of 10x.

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