Damages &
Forensic Economics
Overview
The Avalon team has engaged as consultants and experts in a wide variety of cases in need of damages calculations and other types of forensic economics. Examples include business interruption, lost revenue, lost wages, and the quantification of other types of harms that may arise in personal injury cases, product liability, and contract disputes. This work also includes detailed analyses of business financial data, examining impacts on costs, revenue, operating margins, and contribution margins.
Types Of Engagements
- Calculation of over/under payments in payer coverage disputes
- Computation of wage impact in personal injury cases
- Calculation of net present value (“NPV”) of estimated future losses
- Analysis & sampling of claims in commercial payer coverage disputes
- Statistical analysis to determine causative factors & liability
- Systematic & comprehensive summaries of literature & evidence
Key Staff
- John Schneider, PhD
- Cara Scheibling, MBA
- Anna Whelan, BA
- Anthony LoSasso, PhD
- Jacie Cooper, MS
Related Markets & Industries
- Insurance & Third-Party Payers
- Attorneys & Law Firms
- Medical Services
- Hospitals & Health Systems
- Pharmaceuticals & Biotechnology
- Medical Devices & Diagnostics
- Private Equity & Venture Capital
- Consumer Products
- Utilities
- Construction
- Transportation
- Public Health
- Government
Related Issue Briefs
- Can the Total be Greater than the Sum of the Parts? Assessing Damages and Abatement in Product Liability (Issue Brief No. 59)
- Product Liability and “Socially Optimal” Outcomes: The Importance of the Analyzing Cost-Benefit Tradeoffs in Healthcare Products and Services (Issue Brief No. 58)
- Attributable Risk and Attributable Fraction: Litigation Applications (Issue Brief No. 57)
- What are “Hedonic Damages,” and Should They Matter in Litigation? (Issue Brief No. 56)
- What Do Economists Have to Say About Liability (Issue Brief No. 55)
- The Rise of Litigation Funding and Medical Funding in Personal Injury and Product Liability Lawsuits (Issue Brief No. 54)
- Electronic Medical Records: Potential Issues in Litigation and Biomedical Research (Issue Brief No. 48)
- The Evolving Landscape of U.S. Payer Coverage Decisions: The Role of Health Economics and Outcomes Research (Issue Brief No. 37)
- How Should Health Care Providers Measure and Market the Value of their Services? (Issue Brief No. 23)
- How Big a Problem is Health Care Fraud and Abuse, and How Can We Detect It? (Issue Brief No. 9)
- U.S. Health Care Costs: Disentangling Underlying Trends from the Effects of the Affordable Care Act (Issue Brief No. 8)
- Nobody Pays Retail: A Primer on Valuing Medical Care Bills (Issue Brief No. 2)
- Using Publicly Available Health Care Databases to Value & Price Medical Care Services (Issue Brief No. 1)