BEVERLY HILLS—On Thursday, July 2, a Beverly Hills doctor and his girlfriend pleaded not guilty on charges of stealing $52 million in an alleged insurance fraud scheme.
The two have been identified as Dr. Randy Rosen and Liza Vismanos, 41. Rosen pleaded not guilty to 88 felony counts in two separate cases and Visamos pleaded not guilty to 56 felony counts in two separate cases connected to Rosen. Vismanos is the owner of the Wellness Wave surgical center in Beverly Hills and the Lotus Labs medical laboratory in Los Alamitos.
According to the bail motion, “In June 2017, Rosen/Vismanos entered into a fraud scheme specifically targeting patients from addiction recovery rehabs to bill their private medical insurance carriers primarily for two types of procedures; a non-FDA approved Naltrexone implant and Cortisone injections. Rosen put his patients under anesthesia for these procedures in order to bill insurance for a major medical surgery at an approximate cost of $80,000 per procedure.”
Additionally, “Per Rosen’s records he performed these procedures in as little as one-minute increments with as many as 72 procedures per day. Additionally, Rosen collected blood and urine from his patients, which was processed at Lotus Labs at a cost of approximately $4,000 per day after the procedure with no known medical necessity.”
Investigators claim that the scheme lasted from June 2017 to May 2019, 18 insurance companies were billed $661,940,464 total. Rosen and Vismanos received $51,060,523.
It is alleged that “at least 35 of Rosen’s patients involved in this scheme have passed away, many by overdose.”
Dr. Rosen and Liza Vismanos were initially held on $52 million bail. Rosen’s attorney, Harland Braun, opposed the high amount. Rosen’s bail was lowered to $15 million in one case and $1 million for the other. Visamanos’ bail was reduced to $3 million in one case and $100,000 for the second.
Rosen is also involved in a different case in Orange County Superior Court in which he breached attorney-client privilege. The case is still pending.