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Related Concept Videos

Understanding Deception01:14

Understanding Deception

Deception is a pervasive aspect of human communication. Empirical studies have shown that most individuals engage in some form of deceit on a daily basis, with approximately 20% of social exchanges involving deceptive elements. Lying follows a developmental trajectory, peaking during adolescence and declining with age, possibly due to the maturation of cognitive control and social accountability.Cognitive and Social Factors in Deception DetectionDespite its prevalence, accurately detecting...
Guidelines and Strategies for Safe Computer Charting01:18

Guidelines and Strategies for Safe Computer Charting

The guidelines and strategies provided by the American Nurses Association (ANA) and the Canadian Nurses Association (CNA) offer essential principles for ensuring safe and secure computer charting systems in healthcare settings. Let's break down each recommendation:
Maintain Confidentiality and Security:
Deindividuation00:57

Deindividuation

Deindividuation is a form of social influence on an individual’s behavior such that the individual engages in unusual or non-normal behavior while in a group setting. Why? Because in these group settings, the individual no longer sees themselves as an individual anymore, disinhibiting their behavior and personal restraint.
Social Loafing01:37

Social Loafing

Another way in which a group presence can affect performance is social loafing—the exertion of less effort by a person working together with a group. Social loafing occurs when our individual performance cannot be evaluated separately from the group. Thus, group performance declines on easy tasks (Karau & Williams, 1993). Essentially individual group members loaf and let other group members pick up the slack. Because each individual’s efforts cannot be evaluated, individuals become less...
Ethical Dilemmas II01:30

Ethical Dilemmas II

Resolving an ethical dilemma in healthcare involves a systematic approach that considers every aspect of the issue, respecting both the patient's needs and values and the healthcare professional's ethical obligations. Here are potential steps to resolve an ethical dilemma:
Ethical Dilemmas I01:17

Ethical Dilemmas I

Ethical dilemmas in nursing are of utmost importance, as they often arise from the tension between adhering to core ethical principles and the practical realities of healthcare delivery. These dilemmas require nurses to navigate complex situations where competing ethical considerations pull them in different directions.
Let us explore some examples to understand the potentially complex moral decisions nurses face.
Take the case of caring for minors, particularly in areas related to reproductive...

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Related Experiment Videos

Employee embezzlement: a growing problem.

Deborah R Mathis1, Michael S Lewis

  • 1Healthcare Services Group, Cowan, Gunteski & Co., Toms River, NJ 08753, USA. dmathis@cowangunteski.com

The Journal of Medical Practice Management : MPM
|January 16, 2010
PubMed
Summary
This summary is machine-generated.

Recessions increase employee fraud risks for medical practices. This article details embezzlement causes, vulnerable areas, and essential safeguards to protect practice finances during economic downturns.

Related Experiment Videos

Area of Science:

  • Healthcare Management
  • Financial Criminology
  • Business Risk Assessment

Background:

  • Economic recessions heighten the vulnerability of businesses, including medical practices, to internal financial misconduct.
  • Employee fraud and embezzlement can persist undetected, leading to significant financial losses for healthcare organizations.
  • Understanding the motivations behind employee financial crimes is crucial for effective prevention.

Purpose of the Study:

  • To identify the primary reasons employees engage in fraud and embezzlement within medical practices.
  • To pinpoint specific operational areas within medical practices that are most susceptible to financial malfeasance.
  • To outline practical strategies for medical practices to mitigate the risk of employee fraud and embezzlement.

Main Methods:

  • Literature review of existing research on employee fraud and embezzlement in business contexts.
  • Analysis of case studies related to financial misconduct in healthcare settings.
  • Expert consensus on risk factors and preventative measures.

Main Results:

  • Common motivations for embezzlement include financial distress, opportunity, and rationalization.
  • High-risk areas in medical practices include billing and coding, accounts payable, payroll, and petty cash management.
  • Effective safeguards involve robust internal controls, regular audits, employee screening, and fostering an ethical workplace culture.

Conclusions:

  • Medical practices face elevated risks of employee fraud during economic downturns.
  • Implementing comprehensive internal controls and promoting ethical conduct are vital for safeguarding practice assets.
  • Proactive risk management strategies are essential for financial security in both favorable and unfavorable economic conditions.