Steven King, 45, was convicted for fraudulently billing Medicare for dispensing lidocaine and diabetic testing supplies in a $50 million scheme, the U.S. Justice Department said in a Nov. 16 news release.
Mr. King, along with his co-conspirators, operated A1C Holdings, a holding company for pharmacies in various states. The pharmacies secured prescriptions and refills for medically unnecessary prescriptions.
Additionally, according to the report, Mr. King and his co-conspirators took several steps to conceal their scheme, including enrolling their pharmacies as brick-and-mortar stores to evade oversight.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
