The former owner of Shelby Regional Medical Center has had his medical license suspended by the Texas Medical Board.

The TMB announced the decision in a press release Friday, as 63-year old Tariq Mahmood was among 41 Texas physicians that received disciplinary action at the board's August meeting.

After being indicted on 15 counts of health care fraud in July, he was convicted by a jury for conspiracy to commit health care fraud, seven counts of health care fraud and seven counts of aggravated identity theft. He's still awaiting sentencing.

The Texas Medical Board said Mahmood indicated his desire to voluntarily suspend his medical license in lieu of further disciplinary proceedings stemming from fraudulent Medicare and Medicaid claims.