Comprehensive economic damage calculations for medical negligence cases, addressing both economic losses and future care requirements resulting from substandard medical care throughout New England.
Medical malpractice cases often involve complex economic calculations that extend far beyond typical personal injury scenarios. When healthcare providers fail to meet the standard of care, resulting injuries may require lifetime medical treatment, specialized equipment, and comprehensive care planning. Our economic analyses provide the foundation for fair compensation that addresses the full scope of economic impact.
Our experience with medical malpractice economics spans birth injury cases requiring decades of specialized care, surgical malpractice resulting in permanent disability, misdiagnosis cases leading to delayed treatment and worsened prognosis, and pharmaceutical errors causing long-term health complications. We understand the unique economic considerations in medical negligence cases and work closely with medical experts to quantify the financial consequences of substandard care.
We calculate the present value of future medical expenses required as a result of medical negligence, including ongoing treatment, medications, medical equipment, and specialized care services.
For patients whose ability to work has been impaired by medical malpractice, we calculate the economic value of reduced earning capacity over their remaining work life.
Working with certified life care planners, we provide economic analysis supporting comprehensive life care plans for catastrophic medical malpractice injuries.
For cases where medical malpractice has resulted in reduced life expectancy, we calculate the economic value of years of life lost and associated earning capacity.
Medical malpractice economic analysis requires specialized expertise in healthcare economics, understanding of medical treatment protocols, and familiarity with long-term care costs. Our methodology addresses the unique aspects of medical negligence cases.
A: We work with medical experts to understand the impact of malpractice on life expectancy, then calculate the economic value of lost years including earning capacity, household services, and economic support to dependents. This requires careful analysis of statistical life tables and individual health factors.
A: Medical malpractice cases often involve complex medical conditions requiring specialized ongoing care. The economic analysis must account for medical inflation, equipment replacement cycles, evolving treatment protocols, and the interaction between multiple medical conditions.
A: Yes, as a Certified Life Care Planner (CLCP), I can both create life care plans and provide economic analysis supporting plans developed by other qualified life care planners. This dual expertise ensures comprehensive economic support for catastrophic injury cases.
A: We understand how the collateral source rule affects damage calculations in different jurisdictions. Our analyses can be structured to address both gross damages and net damages after considering insurance benefits, depending on applicable state law and case requirements.
Contact us for expert economic analysis tailored to medical negligence litigation.
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