As a CPA and healthcare consultant, one of the things that continues to concerns me is employee theft within a medical practice (or any other healthcare entity for that matter). You trust your staff, right? You know them to be loyal and dedicated individuals who would never steal from the practice, right? Unfortunately physician practices are no less at risk of employee theft than any other business.

How much is your practice worth? Often, it depends on who wants to know and why. Valuation professionals follow different methodologies tacks depending on whether a practice will be sold to another physician, valued for a divorce proceeding, or if practice partners just want to go their separate ways.

On January 16, the Department of Health and Human Services Office of Inspector General released its Annual Performance Report for 2008. One of the measures on which the OIG reports is the return on investment for expenditures related to the Medicare and Medicaid programs. According to the report, OIG recovered $17 for every dollar spent over the three year period from 2006 through 2008.