Over $160,000 Stolen Checks Recovered For Doctors via Audit by NewProvident.com

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) August 17, 2010 -- Today doctors are turning to Preventive Loss management companies to audit their employees for theft. Allot of cash and checks from $1,000 to 10,000 per day come into a clinic practice. And in most cases doctors assume [ the ] office manager and billing manager is keeping close watch on the funds. Not the case anymore.., especially during hard economic times.

In this instance cases...the clinic sees over 3,400 patient visits per month. This could be a total billing in upwards of $510,000 per month. Often patients are billed for co-payments, and agreed payment for services, then the checks received from the patient is stolen by the employee and cashed or in this case deposited into a business bank account.

NewProvident's background as a Medical Consulting services to medical practitioners, is positioned uniquely to audit its billing department for improper profit and loss reporting. "We have found in numerous cases where the sole billing manager creates havoc for the incoming billing consultant, and its determined that the Billing Manager is engaging in improper conduct," states Ms. Clifton. Once we observe resistance, from the billing or office manager, we start digging even harder and fast.. All to often, employees try to cover their foot prints...but through forensic accounting and billing audits we can put the pieces together quickly..

Another area of major theft concern is payroll & time clock, whereby another employee will clock in for another co-worker, and allow credit for time not worked.

In either cases, the economy is hard even for Doctors who try to keep up with the ever changing cuts reimbursements from insurance companies and medicare. And yet, employees still demand or petition for raises and require a higher rate of pay to keep up with the economy.

Second Case Overview:

Another successfull audit reveals the Skilled Nursing Facility Administrator stealing Senior citizens incoming checks, and once discovered relocated to another state, and engaged Administrator for the new unsuspecting Clinic owner. Once, NewProvident, pulled the credentials, discovered the person had three patients died on her watch as Administrator, but had the record sealed to cover her past. Atlanta District Attorneys ofice was looking for her for years..Being she had skipped town.

NewProvident's connections to be able to unlock and dig deep into ones past is vitally important to the safety and welfare of the patient and the liability to the medical facility. Armed with these unquie abilities to check on whether the Clinic owner or Medical practioner has the employer's best interest first is vital in todays reccession.

Random autits also have yeilded interesting accounts of catching various staff's hands in the cookie jar.. NewProvidents subsidary company Quick-Bookkeeping.net to has yielded impoper conduct by previous bookkeepers.

Giving back the owners resources is a wonderful experience...

Billing manager theft     employee theft     fraud prevention     Insurance reimbursement     Insurance theft     Medical claim processing     Payroll theft     quickbooks solutions