Ever wonder why healthcare is so outrageously expensive? Consider the story of Dr. Gustavo Kinrys, 53, of Wellesley.
Between 2015 and 2018, Kinrys was a licensed psychiatrist who owned and operated Advanced TMS Associates in Natick. His practice specialized in transcranial magnetic stimulation (TMS) and psychotherapy for patients dealing with depression.
According to the U.S. District Attorney’s blog, from early 2015 to late 2018,
Kinrys engaged in a variety of fraudulent billing schemes in which he sought and received reimbursement for $19 million in services he did not render. For example, Kinrys billed Medicare and private insurers $10.6 million for thousands of TMS sessions he never provided, including over 8,000 sessions he claimed were provided to 74 patients who, in fact, never received a single session of the therapy. Kinrys also billed Medicare and private insurers for millions of dollars’ worth of psychotherapy sessions he never provided, including over 900 face-to-face sessions he falsely claimed he provided while he was on vacation in locations like the Bahamas, the Dominican Republic, and the Czech Republic. On 382 days, Kinrys billed Medicare and private insurers for having provided more than 24 hours’ worth of psychotherapy services in a single day, including one day in July 2017 when he claimed he had provided hour-long psychotherapy sessions to 70 different patients – all while outside the United States on vacation.
Kinrys used his proceeds to live lavishly, paying off his $1.8 million home in Wellesley, buying a $2.1 million house in Nantucket, and purchasing over $600,000 in jewelry from Cartier, Van Cleef, and Tiffany’s.
Eventually investigators began questioning Kinrys about his billing. In response, the psychiatrist fabricated records to hide the massive fraud.
Ultimately, federal authorities arrested Kinrys. He disputed the charges at a jury trial and lost big. In October 2023, a federal jury convicted him of 7 counts of wire fraud, 6 counts of falses statements relating to health care matters, and one count of obstructing a criminal health care investigation.
Yesterday a federal judge in Boston sentenced Kinrys to 8 years in prison followed by 3 years of probation. Additionally, he was ordered to pay restitution and to forfeit a number of his assets.
Law Office of Justin R. McCarthy 