B.J. Hoffman is a certified public accountant and certified fraud examiner for Citrin Cooperman, an accounting, tax and business consulting firm. He is a partner in the Philadelphia office. Hoffman provides clients with a mix of audit, tax and litigation support services. He often works with closely held entities in a variety of industries including professional service firms, healthcare practices and real estate enterprises. He can be reached at bjhoffman @ citrincooperman.com or 215-545-4800.
As I noted in my last post, “Preventing fraud: How much do medical practices lose and why?,” the average organization loses 5 percent of revenue annually to fraud, waste and abuse, according to a recent study conducted by the Association of Certified Fraud Examiners. Medical practices are certainly not exempt from these losses. In fact, […]
Medical practices and healthcare organizations are likely losing 5 percent of annual revenues to fraud, waste and abuse, according to the most recent study conducted by the Association of Certified Fraud Examiners. The numbers are truly staggering: A practice with revenues of $10 million loses an average of a half million dollars annually! Many years, […]
