Every Man for Himself?

Every person who owns a business has to look out for his or her own best interests and for the best interests of the business. That’s just common sense. How far, however, should a person go to protect his or her business and his or her own interests? Should he or she go to the extent of potentially scamming others or to encouraging and charging for unneeded services? Most people would say the answer would be no but, surprisingly, it’s recently been discovered that doctors, who are supposed to be some of the most ethical people on earth, have been going to great lengths to earn some extra bucks.

A recent study published in Radiology, for example, finds that patients are more likely to have and pay for MRIs when the doctor who recommends the MRI owns the machine and stands to benefit financially and directly from the scan. What’s more is that, more often than not, those who undergo scans on a doctor-owned machine end up with negative scans, scans that demonstrate that absolutely nothing is wrong with the patient and that there was likely no need for him or her to have the scan in the first place.

Obviously, you don’t ever want your business to get to this point—to the point where it’s so financially desperate that you must prey on your very clients in order to survive. Keep good track of your money and stay on top of your business with Quickbooks and, chances are, you won’t have to scam anybody. For help setting up and/or managing Quickbooks, contact Susan S. Lewis, Ltd. of Naperville. #NapervilleQuickbooks