Accounting and Healthcare Fraud: What You Need to Know

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Healthcare fraud is a malicious activity that is negatively impacting the healthcare industry and generating millions of dollars in lost profits for hospitals and healthcare facilities. In recent years, the healthcare industry has seen rapid expansion and growth — not just with more enterprises, but with the technology affecting those entities. This rapid growth has made quality assurance and security more difficult. As a result, fraud has become a big issue for healthcare enterprises.

The increase of healthcare fraud has made it more important than ever that these organizations implement quality control measures — especially as it relates to accounting and financial recordkeeping. This emphasis on accounting controls with healthcare globalization is creating an opportunity for accountants and accounting managers.

Learn more about the future of accounting in the infographic below.
An infographic about the impact of globalization on accounting by UAB Collat School of Business.
University of Alabama at Birmingham Online

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