Estimating future medical expenses is a crucial aspect of any personal injury case. The accuracy and robustness of these projections can make all the difference in securing a fair settlement or compensation for your client. That’s why at MD Data, we offer a range of Medical Cost Projection (MCP) services designed to help you navigate the complexities of your personal injury cases with confidence.
The purpose of an MCP is to highlight recommended treatments aimed at ensuring your client achieves the best possible outcomes, thereby enabling them to lead a productive life again. We know that every case is unique, and there are countless factors to consider when projecting future medical care. Whether you’re seeking to negotiate a settlement or plan for an open medical claim, our experienced Medical Direction Experts will work to review all medical records to chronologically organize and detail all future medical costs for comprehensive planning and negotiation, including treatments, equipment and medications.
We meticulously review medical records to determine the reasonable type, amount, and cost of future medical care based on the medical information provided. At MD Data, we leave no stone unturned in our quest for comprehensive planning and negotiation, so you can rest assured that you have the most accurate and reliable information possible to make informed decisions and advocate for your client’s needs.
Why Utilize a Medical Cost Projection
An MCP is a comprehensive and affordable projection of an injured person’s future medical care and associated costs. It is an incredibly effective tool for setting reserves, helping advance negotiations to achieve a settlement, and auditing existing files. Utilizing an MCP with MD Data can significantly benefit the management and negotiation of claims involving injured individuals.
Our comprehensive reports provide a detailed estimate of your client’s future medical needs and associated costs, serving as a critical tool before entering negotiations. Additionally, it aids in setting accurate financial reserves, ensuring that planning for a settlement is based on realistic cost expectations and that the needs of the injured individual are thoroughly considered and addressed.
Need more reasons to utilize an MCP? Check out some more reasons below!
- Time Saver: Leveraging an MCP report during tight timelines in legal disputes saves you valuable time. Our Medical Direction Experts can evaluate the medical records to swiftly provide a reliable cost estimate, allowing you to focus on other critical aspects of your case.
- Confidence Boost: Armed with a detailed forecast of future medical expenses, you’ll approach settlement negotiations with greater assurance. All MCPs are prepared by our highly skilled credentialed life care planners and/or Certified Medical Cost Projection Specialists.
- Quick and Affordable: Our MCPs are not only affordable, thanks to our competitive pricing, but our process is also streamlined and efficient. This enables us to craft comprehensive yet concise plans within just seven days.
How MD Data Can Help
Our team of Orthopedic Spine and Extremity Surgeons, Physiatrists, and Neurosurgeons are dedicated to meticulously reviewing medical records to accurately determine the reasonable type, amount, and cost of future medical care. This determination is grounded in a comprehensive analysis of the medical information provided, which includes examining treatment patterns evident in the medical records, assessing prescription medication and/or durable medical equipment usage, considering physician recommendations regarding future treatments, and adhering to evidence-based guidelines. This thorough approach ensures that our reports are both precise and tailored to meet the specific needs of the injured party as outlined in the medical documentation.
Ready for us to assist you with your case? Our doctors stand out in a field in which less than 10% of Life Care Planners are qualified physicians. Whether a motor vehicle incident, a slip and fall, or other personal injury claims – our certified experts have extensive knowledge in crafting MCPs for both plaintiff and defense. With over 100 years of cumulative experience, our knowledgeable team is well-equipped to manage complex cases involving intricate surgical procedures, spinal cord injuries, amputations, severe burns, and traumatic brain injuries.
Benefit from our flexible approach that allows you to roll the cost of smaller plans into larger more detailed plans as your case progresses without the fear of being double charged. For a free case assessment or to obtain more information, please visit mddata.com/submit-your-case