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| Ryan Sheridan |
Ryan Sheridan, 39, was the owner of Braking Point Recovery Center, which also operated drug and alcohol rehabilitation facilities outside Youngstown and Columbus. He entered his guilty plea in federal court Friday. He planned to open a third center in Wooster after purchasing 10 parcels of land downtown, including the former Horn facility, for $1.75 million in April 2017.
Prosecutors said Braking Point between January 2015 and October 2017 falsely billed Medicaid nearly 135,000 times. They say those claims included inflated costs for services, billing for patients who hadn’t been medically diagnosed and case management services for patients working out at Sheridan’s gym.
Authorities want Sheridan to forfeit $3 million, as well as properties he owns in several Ohio counties and replica movie vehicles.
A message seeking comment was left Saturday with Sheridan’s attorney.
After purchasing the former Horn facility, Sheridan unsuccessfully sought a tax-abatement incentive to develop the detox center. He continued without the abatement until October 2017, when the two other Braking Point facilities were raided by the FBI and their employees laid off.
Sheridan eventually defaulted on his mortgage payments to Huntington Bank, leading to a court-ordered auction. The Wooster Growth Corp. and the Wayne County Community Improvement Corp. bought the property in July for $360,000, and sought redevelopment proposals. The two groups last month accepted a proposal submitted jointly by Weaver Custom Homes and Rea & Associates. The property is now set to become the future site of a two-story office building and 10 attached town homes.
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Former owner of Horn Nursing Home building pleads guilty in Medicaid fraud scheme
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