Statistical Quantification

Statistical sampling, analysis, and quantification often provide a cost effective means for testing complex, large-data-volume damage quantification models, and the quantification of damages in cases involving costly record-by-record analysis, evaluation, and quantification.

Examples of our use of such procedures include our:

  • Statistical quantification of the minimum amount of overpayment resulting from a Medicaid provider’s submission of improperly documented claims.  The underlying medical records evaluation was labor intensive and costly.  Our sampling, analysis, and quantification procedures made it appropriate to significantly limit the number of records requiring detailed analysis and evaluation.
  • Random selection of class action members from a known population, quantifying their class-member specific “damages”, and use of such data to test and evaluate the propriety of our computerized quantification procedures applied to quantify class-wide damages in a multiple-thousand-member class action.

 

Designed by Chromatic Color