A NEWSLETTER FOR HEALTH CARE PROFESSIONALS
Summer 2010

FRAUD IN THE PRACTICE - Riding out the (Perfect) Storm

It could be happening in the home of someone you know right now: A trusted employee's spouse has been laid off. The late notices are piling up and the creditors' phone calls are taking their toll. At work, practice-wide staffing reductions have caused your employee to work harder and longer than ever.

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The Importance of a Current Buy-Sell Agreement

A buy-sell agreement is the cornerstone of most private practices. Properly constructed, this clause in the shareholder agreement (it can also be a separate agreement) provides for continuity of ownership by outlining the financial and professional obligations of each member when a shareholder leaves the practice.

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When Fraud is Detected: First Steps

The whole thing unravels when you painfully become aware that your longtime bookkeeper has embezzled $100,000 to help her drug-addicted grandson. Your office has been defrauded. What now?

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The articles in this newsletter are general in nature and are not a substitute for accounting, legal, or other professional services. We assume no liability for the reader's reliance on this information. Before implementing any of the ideas contained in this publication, consult a professional advisor to determine whether they apply to your unique circumstances. © 2013