Dentist Dr. Nate Schott in Murfreesboro is scheduled to appear in court this coming June.
Schott plead guilty earlier this month to conspiracy to commit health care fraud in a federal court room.
During the court hearing, Schott suggested that he planned to sell his dental practices that he reportedly owns in both Murfreesboro and Lebanon, TN.
The dental license of Schott has already been suspended and he will evidently surrender that in February.
Schott is accused of taking in over $930,000 from fraudulent billing practices.
Richard "Nate" Schott has been a dentist for the last two decades but during a plea hearing on Wednesday, Schott shared his plan to sell his dental practice, Dental Excellence, which he owns and operates in Murfreesboro and Lebanon.
He will have to pay restitution to previous clients and also nearly $1 million to the state of Tennessee.
A sentencing date has been set for June 7, 2019. He could be imprisoned for up to 10 years.
During his January hearing the dentist suggested he was taking medication for bipolar disorder and depression, which could have an outcome on his sentencing.
Richard N. Schott, 51, of Murfreesboro, Tennessee, and Kendra L. Glenn, 43, of Hartwell, Georgia, and formerly of Murfreesboro, are facing federal healthcare fraud charges for operating a scheme to defraud healthcare benefit programs. U.S. Attorney Don Cochran for the Middle District of Tennessee says Nate Schott surrendered to U.S. Marshals in Nashville last week and Glenn was arrested at her home in Georgia this week by FBI agents.
Schott is charged with conspiracy to commit healthcare fraud and Glenn is facing seven counts of healthcare fraud and one count of conspiracy.
According to the charging documents, Schott is a licensed dentist who owns and operates Dental Excellence, a dental practice with three locations in Murfreesboro and one location in Lebanon. Kendra Glenn was employed by Dental Excellence and served as the Practice Administrator.
The charging documents allege that between November 2013 and January 2018, Schott and Glenn caused the submission of false and fraudulent claims to healthcare benefit programs, including Delta Dental, Cigna, TennCare and DentaQuest, TennCare's dental benefits program administrator. The fraudulent claims included billing for dental work that had not been completed or performed at all; falsifying dates of service to appear to comply with benefit programs' timeframe and preauthorization requirements; falsifying claims to appear that services had been rendered by a benefits program credentialed dentist; falsifying supporting documents and adding false narratives to support the upcoding of claims; and others, including continuing to submit false claims after being advised by insurance companies that audits had determined a pattern of false claims and that the Tennessee Bureau of Investigation was conducting a criminal investigation into the company's billing practices.
The charges further allege Schott and Glenn took steps to conceal the fraud by discouraging employees from questioning billing practices; instructing employees to lie if questioned by insurance companies; and disciplining and even firing employees who questioned the legality of the billing practices.
The allegations also include that Schott and Glenn used the proceeds from the fraudulent scheme for their own personal use and that Glenn was paid bonuses based on the amount of money collected from the fraudulent scheme.
If convicted, Schott and Glenn face up to 10 years in prison and a $250,000 fine on each count.
This case was investigated by the FBI and the Tennessee Bureau of Investigation and is being prosecuted by Assistant U.S. Attorneys Kathryn W. Booth and Byron Jones.
The charges are merely accusations and the defendants are presumed innocent until proven guilty in a court of law.