In addition to his prison sentence, Mr. Schultz, 57, must also pay $400,500 in restitution to the health system.
Mr. Schultz pleaded guilty in February to participating in a wire fraud and mail fraud conspiracy from January 2014 through July 2015. His law partner, Alan B. Gallas, 65, was sentenced Feb. 10 to one year and one day in federal prison without parole and ordered to pay $1.2 million in restitution to the hospital.
Mr. Schultz and Mr. Gallas were partners at law firm Gallas & Schultz which collected past-due payments from patients at the health system. In April, Mr. Gallas admitted to having employees put holds on more than $1.2 million in St. Luke’s collections and transfer the funds to the law firm’s operating account.
More articles on legal and regulatory issues:
Medicaid’s other shoe
Anesthesiologist sentenced to 7 years in prison for kickback scheme
Physician sues Essentia Health for mental health discrimination
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit