EMBEZZLEMENT and FRAUD
How our RAM Program protects you!
Maintenance for your Practice’s Finances
"The best offense is a good defense." - Vince Lombardi
1. Designed to provide doctors with assistance in monitoring their patient accounts, along with the day-to-day operations completed by their team.
2. A deep dive into the inner-workings of your practice to discover inconsistencies and misappropriations.
3. This system analysis provides dental practices with valuable information that could indicate the need for further investigation.
This monitoring process provides a “does it make sense” analysis of a practice’s finances. The goal of RAM is to alert you of inconsistencies, as well as make recommendations for “best practices” to create a healthier viewpoint of your practice as a whole. Practices under our RAM Program will receive monitoring the practice’s finances on a quarterly basis.
RISK ANALYSIS & MONITORING
Remote login to client’s practice management software
Audit trail review for the quarter
Day sheets/Deposit slips verified with bank statements
Sampling of Insurance EOBs reviewed for proper entry
Verification of Credit card transactions
Time clock entries substantiated (if applicable)
Verification of Accounts payable (if applicable)