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Tuesday, Mar 5, 2024

Businesswoman Guilty in Medicare Fraud

A North Hollywood businesswoman has pleaded guilty to defrauding Medicare of nearly $10 million. Susanna Artsruni, 46, is the former owner of Midvalley Medical Supply in Van Nuys. She had physician’s assistants at three Los Angeles medical clinics sign prescriptions and orders for medically unnecessary equipment, which she billed to Medicare, according to U.S. Attorney’s Office in Los Angeles. Artsruni pleaded guilty Monday in Los Angeles federal court to one count of health care fraud and one count of money laundering. In total, her clinics submitted more than $24.8 million in fraudulent claims to Medicare, which paid more than $9.2 million on the bills. Artsruni faces a statutory maximum sentence of 30 years in federal prison. The FBI, Department of Health and Human Services and Internal Revenue Service worked on the investigation.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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