Subscribe
Financial Controls in a Medical Practice with Jay Holmes

The Medical Management Podcast

Financial Controls in a Medical Practice with Jay Holmes

April 1, 2021

Financial Controls in a Medical Practice with Jay Holmes

Having financial controls in place reduces the risk of fraud opportunities popping up.

We are back again with Jay Holmes as a guest. This time talking about the importance of financial controls in medical practice. Financial controls don’t only refer to fraud and embezzlement, but consistency in reporting. Generating a fluid process to produce data is fundamental. A constant eye on the team may feel like having a policeman watching every move. Controls are about creating trust and transparency in the processes. The segregation of duties closes the door to embezzlement and fraud.

Jesse’s picking Jay’s accountant brain in this second episode of the Financial Practices series!

For the full transcript, show notes, and resources to help you level up your practice, visit us at medman.com 

Listen on your favorite player

New to Podcasts? It's easy to get started!

You may also like

Top Health Podcasts. Delivered to Your Inbox and Eardrums.

Proudly supported by:

cover
Nurses You Should Know with Joanna Uribe MSN, RN and Sandy Cayo DNP, FNP-BC, RN Listen to this very important and timely discussion on Nurses You Should Know!