The potential for embezzlement is a problem that no business is immune to! The American Dental Association has done studies that suggest the probability of a dentist being a victim of embezzlement or theft in their career is 50-60%. This statistic tends to be low because there is a large amount of embezzlement that never is detected, or if detected action is not taken.
We hope that this article prevents many of you from becoming a statistic regarding HIPAA breaches and violations. Even though the Rules and Regulations have been enforceable for over three years now, many dentists and their teams are not familiar with the rules and regulations regarding Business Associates.
As dentists, you have a variety of materials, tools, resources and people available to assist you in all phases of your practice. Just having them available is not enough… you actually have to use them. Many of you have recently attended the Yankee Dental Congress Meeting in Boston, I’m sure you took some courses, met with some vendors, chatted with some colleagues and old college friends. What happens when you get back to your office? Do you implement what you learned; follow up with the vendors you requested information or demos from? Or do you just go about your day like you normally do?
Making sure you are up to date on cutting edge materials and technology is a must in today’s dental industry. But do you invest the same training in your team? The team needs to understand how to properly utilize the technology; otherwise you are throwing money down the drain.