Embezzlement and employee theft are major problems for dentists and dental practices.
In this survey, 59% of dentists said they had discovered evidence of embezzlement.
But that doesn’t mean no one has stolen from the remaining 41%… it just means they haven’t been able to prove an embezzlement took place.
Sadly, dentists are often embezzled.
“My office manager (of course) was setting aside dental insurance checks, then picking out cash that matched the amount of the checks,” said an orthodontist. “The checks were never deposited into the patients’ accounts, so the bank deposit balanced. She did this for almost 10 years, for a total of at least $700,000. Her litigation is currently pending. The insurance accounts past due eventually became overwhelming and she was finally caught.”
“A dental assistant who worked for another doctor who shared space with me was stealing my materials and making teeth bleaching trays out of her home after hours (and charging for tooth whitening!)” said another dentist.
To hear more of what dentists had to say about employee theft, Click on Play to watch the following video —
Have you experienced employee theft?
Read more about this dental management issue: Dentists - Has Your Dental Practice Been Embezzled?