LOS ANGELES (CBSLA.com) — The former owner of a Van Nuys medical clinic management company pleaded guilty Friday to a scheme defrauding Medicare of millions of dollars.
Mihran “Mike” Meguerian, 37, of Glendale, pleaded guilty to one count of conspiracy to commit health care fraud.
According to court documents, Meguerian admitted his business, Med Serve Management, wrote prescriptions for medically unnecessary power wheelchairs and other durable medical equipment and sold the prescriptions to supply companies knowing the prescriptions were fraudulent.
From July 2008 and February 2009, the durable medical equipment companies submitted $3,367,661 in fraudulent claims to Medicare using fraudulent prescriptions from Meguerian’s clinics. Medicare paid $1,438,760 for those claims, federal officials said.
Meguerian is scheduled to be sentenced Nov. 17.