Ryan Sheridan was sentenced in federal court to 7 ½ years in prison for crimes related to a $48 million health care fraud conspiracy. Sheridan was also ordered to pay $24,479,939 in restitution. He pleaded guilty in October to one count of conspiracy to commit health care fraud, seven counts of health care fraud, one count of conspiracy to distribute Suboxone, 22 counts of use of another’s registration number of another to obtain controlled substances, one count of operating a drug premises, and 28 counts of money laundering.
Ryan Sheridan owned Braking Point Recovery Center, which had locations in the Youngstown and Columbus areas. He planned to open a third center in Wooster after purchasing 10 parcels of land downtown, including the former Horn Nursing Home facility, for $1.75 million in April 2017.
Sheridan and various other defendants falsely billed Medicaid for drug and alcohol recovery services between January 2015 and October 2017, authorities said. Many of those services were never provided, not medically necessary, lacked proper documentation or had other issues that made them ineligible for reimbursement, the U.S. Attorney’s Office in Cleveland said.
“That beacon of hope for the addicted turned out to be a bonfire of our tax dollars. Heartless,” Ohio Attorney General Dave Yost said in a prepared statement.
Sheridan was ordered to forfeit property obtained as a result of his crimes, including eight automobiles, some of which are replicas of vehicles used in the movies “Back to the Future,” “Ghostbusters” and “Batman.”
Co-defendants Dr. Thomas Bailey and Dr. Arthur Smith were sentenced to two years of probation with six months of community service and ordered to pay a $5,000 fine. Co-defendant Lisa Pertee was sentenced to one year of probation with 60 days of community service and ordered to pay $2,200 in special assessments.