Prosperident Pulse Archive — November 2017 to March 2018

At first glance, that question may sound like a threat.  If I’m replaceable, then what is my real value?  If I’m replaceable, where’s my leverage?  Who needs me?

 

I can hear your answer.  “Me, replaceable?  Heck no!  I’m the owner!  I do the work.  I’m highly trained and have years of experience doing x, y, z.

 I have specific relationships with our clients or patients – it wouldn’t be possible to replace me without severe damage to the business.”

“I’ve worked hard all my life to get where I am.”

 

And exactly where are you?

“At the top of my game.  I have a practice (job – ed.) to go to every day of the week.  I can’t take time off because I am so busy doing the thing I spent so many years learning.  I still have a ton of debt to pay off, and I don’t see any way off this hamster wheel.  But life is good.  Someday I’ll be able to enjoy it.”

 

Hmmm, sort of a Catch 22.  The better one becomes at “doing the thing,” providing the technical labor, the less freedom there is.  Trading time for dollars, no matter what the hourly pay rate, is not a path to freedom.

“It’s the most wonderful time of the year!”

 

I hope that all of you enjoyed Thanksgiving and are now getting geared up for a month of holiday celebrations. As we are entering December, I will risk being a “Debbie-Downer” by mentioning that this is also the season that is most likely to produce embezzlement in your practice.

 

This is because the thieving element in your office is most likely to help themselves to a little more than your generous spirit to pay for Christmas, making December and January particularly active months for employee theft.

 

With patients’ insurance coming to its year-end and some non-insured patients looking to maximize tax deductions, it is a perfect time for money to disappear, undetected, from your office.

 

My team and I wish nothing but the best for you and your two families (actual and work “family”) this holiday season, but we would not be doing our jobs if we did not ask you to make sure you pay attention to unusual staff behavior during this busy time of year. Charity begins at home, but this should never be unwittingly extended to your work family.

 

If you have any reason to believe that you are unwillingly funding someone else’s holiday celebrations, please reach out to us and we will be happy to provide discreet assistance.

 

My deepest wish is that none of you fine folks would ever feel the need for embezzlement investigation, however, statistics do not support that wish and so I will let you know that if you are concerned about someone behaving badly in your office, we are here to help. Always.

 

Wishing you and yours the happiest of holidays,

 

 

After spending most of my life working with dentists, I think that I have pretty good insight into how you folks think.

Right now you are probably thinking about making some business goals for 2018, a.k.a. your 2018 New Year’s resolutions.

 

Dentists differ from most of the population -- studies suggest that only 40% of Americans make New Year’s resolutions, and shockingly, less than 10% achieve them.  This discrepancy reflects the fact that setting goals are easier than following through. Why? Because you need a plan.

 

By your nature, dentists are achievers and measurers; you could not have gotten where you are without the ability to set and achieve goals. You are planners.

This year, we would like to suggest an important (and possible) resolution for your practice.  Unlike the typical New Year’s Resolution – lofty, well-intended, but with no plan to bring it to fruition, we want you to make 2018 your practice’s most prosperous year. The plan for us to help you attain your goal is ridiculously simple: you MUST complete our newly enhanced Embezzlement Risk Assessment Questionnaire (ERAQ).  This 15-minute questionnaire is an excellent predictor of whether someone is embezzling from you.

 

We normally wait until the quieter days of summer to offer a limited time, no-cost access invitation to complete our ERAQ, but as part of our commitment to having you start the New Year right, we are inviting you to complete the ERAQ, which we normally retail for $139, from now until January 31^st at absolutely no cost to you. That’s right, our most popular practice assessment tool is yours for nothing.

To access our questionnaire, please click HERE.

 

All of us at Prosperident wish you a Happy New Year and a very prosperous 2018!

More specifically, why Prosperident? The longer we are in business, the more we seem to get this question from potential clients. It would be easy to put tongue in cheek and respond “because in our experience (and we have A LOT of experience) bigger is better, and we are not just talking about pizza.”

Maybe the best analogy to adequately explain why you should use a large and experienced firm such as ours, whose sole purpose and function is to find and eliminate financial crimes, a.k.a. embezzlement, against dentists, is this: let’s say you have a great family physician. Your physician is the absolute cream of the crop. Your GP graduated first in their class, they’re always available to you on a moment’s notice, they’re intuitive, knowledgeable, easy to understand, friendly, etc., etc.

Now, suppose you have a sudden medical emergency or you sustain a life-threatening injury. Are you going to rush to your GP’s office or house to seek treatment? My guess is “no.” It would make more sense to call 911 and get yourself to a trauma center ASAP to let the team of professionals there, who deal with nothing but trauma and emergency medicine, attend to you and stabilize you. I’m also willing to bet that you wouldn’t let yourself be delivered to a walk-in-clinic, no matter how reputable, that didn’t have an emergency room, staffed by a trauma team to ensure that you face your best chance of proper diagnosis and recovery.

If you suspect or have confirmed theft in your office, we have the “trauma” team you need to diagnose, treat and restore your practice to health. Prosperident is the world’s largest firm investigating financial crimes against dentists. Dentistry is all we do and I can guarantee that we do it better than anyone else.