Episode length: 49m | Published: 2021-03-31
This episode is a special cross-post from the Dentist Money™ Show, hosted by Ryan Isaac of Dentist Advisors. Ryan sits down with Prosperident founder David Harris for a frank conversation about one of the most financially significant threats dentists face over their careers: embezzlement.
Topics covered include:
- Why the statistical likelihood of dental embezzlement is higher than most dentists realize
- What actually motivates employees to steal from people they work with every day
- The profile of a typical dental embezzler — and why it rarely matches the stereotype
- The most common warning signs that embezzlement may be occurring
- Why dentists who see warning signs often do nothing — and the cost of delay
- What to do when you notice something that doesn't add up
- How Prosperident's investigations typically unfold
- The financial and emotional impact of embezzlement on dental practice owners
This conversation originally aired on the Dentist Money™ Show. Learn more and listen at dentistadvisors.com/dentist-money-show-podcast.
To speak with Prosperident about protecting your practice, visit www.prosperident.com or schedule a consultation at www.prosperident.com/meetwithdavid.
Episode Timestamps
- 0:00 - Introduction / Show open
- 0:00 - Why the statistical likelihood of dental embezzlement is higher than most d
- 8:00 - What actually motivates employees to steal from people they work with every
- 16:00 - The profile of a typical dental embezzler
- 16:00 - The most common warning signs that embezzlement may be occurring
- 24:00 - Why dentists who see warning signs often do nothing
- 32:00 - What to do when you notice something that doesn't add up
- 35:11 - How Prosperident's investigations typically unfold
- 40:00 - The financial and emotional impact of embezzlement on dental practice owner
- 46:05 - Closing / How to contact Prosperident