Karen Mosteller, CPA, CHBC, consulting and firm partner with Markham Norton Mosteller Wright & Company P.A., recently served as a program speaker and presenter at the Medical Group Management Association (MGMA) 2011 National Conference.
Held in Las Vegas, Mosteller lead an interactive presentation on “Protecting Your Practice from Fraud.” Conference attendees included medical practice administrators, managers and physicians. Participants learned to recognize red flags, both in terms of employees and situations, at their practice that are most likely to lead to lost revenue from an employee committing fraud.
“Sixty-seven percent of employees will steal if given the chance,” said Mosteller. “These numbers have increased because of the economy.”
She noted a study indicating that 70 percent of employees who commit fraud are long-time employees (with four to 35 years of employment) and know the ins and outs the company.
Mosteller is a certified public accountant and certified health care business consultant specializing in business consulting and tax services for medical practices, construction and service companies to improve process, tighten the bottom line and improve profitability. Celebrating 25 years with MNMW, she is a member of the American Institute of Certified Public Accountants, Florida Institute of Certified Public Accountants, Health Management Association, Medical Group Management Association, Florida Medial Group Management Association, National Society of Certified Healthcare Business Consultants, Southwest Florida Small Business Development Center and Cape Coral Community Foundation. A frequent lecturer, Mosteller is a recipient of the “Accounting for Success, Speaker of the Year” Award from the Florida Institute of CPAs.
Markham Norton Mosteller Wright & Company P.A. is a certified public accounting and consulting firm with offices in Fort Myers and Naples. They offer a wide range of services including business consulting, technology consulting, technology management and support, tax preparation and planning, litigation, mediation, forensic accounting and elder services. For more information, call 239-433-5554 or visit www.markham-norton.com.
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