www.ExpertAssessments.com

 

Contact Information

 

2308 Mt Isle Harbor Dr

Charlotte, NC  28214

 

Phone: (704) 370-6946

Fax: (704) 375-9941

 

 

 

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ExpertAssessments.com

 

 

 

 

Services Provided

 

Future Medical Costs Analysis

 

Vocational Assessments

 

Economic Projections

 

Independent Medical Evaluations

 

Neuropsychological Assessments

 

 

 

 

 

 

Types of Cases

 

Personal Injury

Mass Tort

Workers Compensation

Wrongful Death

Social Security Disability

Pharmaceutical

Short Term Disability

Long Term Disability

Medical Malpractice

VA Disability Claims

Divorce

 

 

 

 

 

Associates

 

Neal S. Taub, MD

Medical Director of Mercy Rehabilitation Center

 

Patrick Clifford, CVE

Nationally Certified Vocational Evaluator

 

Young Davis, PhD

Head of Economics at UNC-Charlotte

 

Jeff Ewert, PhD,ABBP

Neuropsychologist

 

 

 

 

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© 2006 BMA

 

 

Protecting Your Clients from

Chaotic Healthcare Pricing

 

“Chaos behind a veil of secrecy,” this is how economist Uwe E. Reinhart characterizes U.S. hospital pricing systems in a 2006 article published by Health Affairs.1  The ubiquitous practice of price discrimination among hospitals serves as one of the major issues complicating attempts to analyze healthcare costs.  When charging self-payers, hospitals typically insist on charges three to five times higher than the final payments accepted from insurance companies.  For example, in 2004, U.S. hospital gross income amounted to only 38% of what their list prices stated they should have collected.3  

The reason for the dramatic discrepancy is that hospitals only expect a handful of people actually to pay their inflated list prices.  Injured parties winning damages from insurance claims are among these people; they are self-payers. 

 

Given the strong possibility for huge healthcare price increases in the absence of a third-party payer, can you be sure that the settlement you are seeking for your client will cover future medical costs?  Are you basing projected medical costs on a previously established bill?  Do the costs you are using represent the low prices a person with insurance pays or do they represent the costs that a self-payer must pay in the future?  Overcoming the uncertainty of hospital pricing is one of the many advantages of a Future Medical Costs Analysis from Expert Assessments, LLC.

 

Any time you have a case involving serious injury, call Expert Assessments, LLC (E.A.) for a no-cost, no-obligation initial consultation.  You may find that a Future Medical Costs Analysis will help ensure a full and fair settlement. 

 

Expert Assessments, LLC establishes future medical costs by utilizing regional prices specific to the injured party.  This service is available nationwide.  E.A. determines fees for procedures by surveying local providers that might be used by the injured party.  E.A. defines medication costs by checking current prices at a national pharmacy.  Expert Assessments determines lab costs and other costs by surveying providers regional to the plaintiff.

 

Neal S. Taub, MD, ABPM&R, conducts Future Medical Costs Analyses at Expert Assessments, LLC.  Dr. Taub reviews the existing medical record to confirm the treating physician’s findings.  Dr. Taub uses his 20 years of medical and rehabilitation experience to determine the future medical needs of your client.  This analysis includes standard expectations for follow-up procedures, lab work, physician visits, equipment, nursing, etc. over the statistically established life expectancy of the patient. 

 

Expert Assessments, LLC then presents the final report to the patient’s treating physician for approval and/or revision.  The end result is that you receive a concise analysis originated by a medical expert, confirmed by a treating physician, and based on an experienced price survey of relevant prices in your client’s region.  Expert Assessments, LLC will defend their assessments in court across the United States. 

 

When representing

injured parties, call

Expert Assessments, LLC.

 

 

 

References

  1. Reinhardt UE. “The pricing of U.S. hospital services: chaos behind a veil of secrecy.” Health Aff. 2006; 25(1): 57-69.
  2. L. Lagnado, “California Hospitals Open Books, Showing Huge Price Differences,” Wall Street Journal, 27 December 2004.
  3. American Hospital Association, Hospital Statistics 2005 (Chicago: AHA, October 2005), Table 3.

 

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