A Florida businessman has been sentenced to 14 years in prison for a scheme that billed $12.3 million in fraudulent claims to Medicare.
David Brock Lovalace used Cornerstone Health Specialists, Summit Health Specialists and Coastal Health Specialists to bill Medicare for radiology, audiology, cardiology and neurology services, of which Medicare paid nearly $3 million. Between June 2010 and May 2014, Lovelace and his co-conspirators paid kickbacks to patient recruiters, falsified patient documentation and billed for services that were never rendered. Lovelace also laundered money through various shell companies to disguise the scheme from investigators. Announcement