Corporate Compliance

Owner of FL medical equipment company will serve three years in prison for fraud scheme

Compliance Monitor, May 25, 2011

Homero Izquierdo Ruiz, 46, of Miami, pleaded guilty to two counts of healthcare fraud and received a 39-month prison sentence, according to a Department of Justice (DOJ) press release. Ruiz will also undergo three years of supervised release and pay $1 million in restitution to Medicare.

Izquierdo Ruiz owned Physical Therapy and Fitness (PT&FI), located in Martin County, FL, a physical therapy outpatient clinic that purported to treat patients referred by physicians for physical therapy, according to the DOJ.

Medicare records show that PT&FI received a total of approximately $528,000 in reimbursement from Medicare beginning on January 3 to August 13, 2010.

Izquierdo Ruiz also purchased Ebenezer Medical Services, Inc., a pharmacy in Miami in May 2010. At the time, Ebenezer was not a functioning pharmacy. Medicare reimbursed Ebenezer $588,000 from May 14 to August 13, 2010. Sixteen physicians attested that Ebenezer falsely billed for items under their names and National Provider Identification numbers.

In addition to the 39-month prison sentence, Izquierdo Ruiz must repay $1.045 million to Medicare.

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