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Money In, Money Out

40 EpisodesProduced by Susan E GunnWebsite

All 21st Century healthcare practices (dental, veterinary, chiropractic, and medical) use two software for a complete accounting system.Based on over 24 years of guiding these practices to a greater understanding in their financial organization and flow, and the book of the same name, Susan Gunn bri… read more

59:30

Holiday Edition: Fruitcakes and Fraud

In this episode Susan details the case of the Collin Street Bakery embezzlement with Teresa Duncan of Nobody Told Me That Podcast! It was a small business with high revenues - sound familiar? Take the lessons from this case and do an assessment of your office. Are you at risk? To be honest, your practice is always at risk. What matters is how fast you find the shadiness. 

 

This thief was pretty eccentric. Did you know they made mattresses from horsehair? Who knew! 

 

Episode 66 Highlights 

  • Entitlement 
  • Collin Street Bakery’s embezzlement case
  • Horse hair mattress
  • Evolution
  • Steps you can take 

 

Quotes

  • “Embezzlement is not limited to dentistry.”
  • “Over 8 years He wrote 888 checks that totaled $16.6 million."
  • Jaw dropper: “They bought a $40,000 horsehair mattress.” 
  • Owning “gold bars is a next level thing.”
  • “I think bringing in an outside auditor is one of the smartest things you can do as a small business owner.”
  • “The most money an embezzler will take is at the end.”
  • Sometimes this is true: “Lying can be common (among trusted employees)."

 

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Resources from the episode:

 

 

Susan's Podcast:  Money In, Money Out - Financial Organization For Your Practice Susan's Website:  SusanGunnSolutions.com Susan's Book:  Money In, Money Out Available On Amazon  

Links 

**If you like the show then I’d appreciate a good rating. Tell your friends. Even podcasters ask for referrals!**

Teresa’s Website- https://www.odysseymgmt.com/ (sign up for my newsletter!)

Teresa’s Book Moving Your Patients to Yes! Easy Insurance Conversations

http://odysseymgmt.corecommerce.com/Book/ (use ‘newsletter’ for $3 off

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