563: How To Make a Dentist’s Life Easier - David Harris - a podcast by ACT Dental
from 2023-04-14T03:00
How To Make a Dentist’s Life Easier
Episode #563 with David Harris
Over your career as a dentist, the chances of being embezzled is about 70%. So, what can you do to lower that risk? To share some answers, Kirk Behrendt brings back David Harris, embezzlement expert and CEO of Prosperident, with four best practices to prevent embezzlers from stealing your time and money. Put systems in place so embezzlement doesn't happen to you! For tips to make life as a dentist a little bit easier, listen to Episode 563 of The Best Practices Show!
Episode Resources:
- Prosperident: https://www.prosperident.com
- Call Prosperident: (888) 398-2327
- David’s Facebook: https://www.facebook.com/davidharrisprosperident
- David’s social media: @davidharris9406
- Subscribe to the Best Practices Show Podcast
- Join ACT’s To The Top Study Club
- Join ACT’s Master Class
- See our Live Events Schedule here
- Get the Best Practices Magazine for Free!
- Write a Review on iTunes
Links Mentioned in This Episode:
**Email David for a free copy of his Embezzlement Risk Self-Assessment Questionnaire: https://www.prosperident.com/contact-us
Prosperident’s Hall of Shame: https://www.prosperident.com/hall-of-shame
Dental Embezzlement: The Art of Theft and the Science of Control by David Harris: https://www.barnesandnoble.com/w/dental-embezzlement-david-harris/1134016570
Previous Best Practices Show episodes with David: https://www.youtube.com/results?search_query=act+dental+david+harris
Main Takeaways:
Prevention is better than the cure.
Check collections and deposits monthly.
Remember to check your day-end reports.
Track any financial discrepancies with a graph.
Learn to use your practice management software!
Your team doesn't need access to bank statements.
You should be delegating to your team, not abdicating.
Quotes:
“The chance that a dentist will be embezzled in his or her career is around 70% . . . So, it’s not a problem that affects a small corner of dentistry somewhere. The majority of dentists will be embezzled. Sometimes, it’s taking tens from the office, or a few thousand dollars, or maybe scrap gold from the gold jar. And sometimes, it’s over $1 million dollars.” (4:14—4:44)
“About half of those who get embezzled once will be embezzled again. And about half of those will be embezzled again.” (4:49—4:59)
“Most dental offices don't have really good control systems, and that means that...
Further episodes of The Best Practices Show with Kirk Behrendt
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Website of ACT Dental