According to prosecutors, Mr. Calloway, 44, was the hospital’s financial director from 2016 through October 2019. From 2010 until 2016, he served as its first staff accountant.
In 2012, Mr. Calloway began stealing from Cooley Hospital by transferring money from its general fund, sinking fund and payroll accounts to his personal accounts, according to the Justice Department. He used a computer to initiate the automated clearing house bank transfers.
The bill of information filed in the case charged Mr. Calloway with causing an ACH transfer of $1,945.34 to be transferred by an interstate wire from a Cooley Hospital account to his personal bank account. His theft continued until October 2019 and resulted in a total loss of more than $892,000.
Mr. Calloway pleaded guilty to wire fraud on Dec. 12.
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.