Ex-CEO pleads guilty to defrauding Florida hospital

The former chief executive of Blountstown, Fla.-based Calhoun-Liberty Hospital pleaded guilty to 27 counts of wire and tax fraud in October, according WCTV.

Here are five things to know:

1. Court documents reveal Phillip Hill Jr. pleaded guilty to 24 counts of wire fraud and three counts of tax fraud on Oct. 25.

2. Police said they received a tip from the hospital in October 2015 about Mr. Hill's suspected fraud activity, which allegedly occurred between 2010 and 2015 while he was CEO of the hospital.

3. Police reportedly found electronic and paper documents that led to the discovery of a fraudulent company Mr. Hill used to bill the hospital for medical supplies. Mr. Hill allegedly bought medical supplies through eBay and other vendors and billed the hospital for the supplies at a higher price than what he paid. Investigators obtained video of Mr. Hill depositing the money into other business and personal accounts connected to him. Police said he used his own identification to open a post office box that he used as the address for his company.

4. Officials estimate Mr. Hill stole more than $1 million from Calhoun-Liberty Hospital between 2010 and 2015, the report states.

5. Mr. Hill faces up to 20 years in prison, a maximum term of five years of supervised release and a fine of up to $250,000 for the counts of wire fraud. For the three counts of tax fraud, he faces up to an additional three years in prison, a maximum of one year of supervised release and up to a $250,000 fine, the report states. His sentencing is scheduled to take place in July 2019.

To access the full report, click here.

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