Medical Malpractice Payouts in New York City – How Much is a Medical Malpractice Case Worth?

There is no doubt that doctors, nurses, and other medical staff often do amazing, life-saving work that can even sometimes seem to some patients and their families like “miracle work”. Indeed, doctors, nurses, and the other medical staff that work hard to help and save their patients are critical to our lives. Where would we be without New York City doctors? However, the frightening reality is that doctors and the other healthcare professionals on New York City medical teams are human, and humans can make mistakes and medical procedures do not always go to plan. In these cases, when a doctor in New York City has failed to meet the standard of care set forth by the law in treating their patient, they may be liable to the injured patient for medical malpractice under New York medical malpractice laws. But how much is the average value of a medical malpractice case, and what factors may influence how much an injured patient can get? To help victims of medical malpractice in New York City better understand the valuation of New York City medical malpractice cases, we answer those questions here.

Valuation of Medical Malpractice Cases in New York City

According to the Journal of the American Medical Association (JAMA), the average medical malpractice payout per case is $329,565. However, it is important to note that not all medical malpractice cases are the same, and, in fact, the strength and weaknesses that lead to the valuation of New York City medical malpractice cases may differ drastically case-by-case. Factors that may impact how much a medical malpractice case in New York City include:

  • How serious the medical malpractice injury to the patient actually is;
  • Whether the medical malpractice injury is temporary or will lead to permanent disability (or death);
  • How much the medical expenses as a result of the medical malpractice are and will be in the future;
  • Whether the injured patient lost wages from being unable to work as a result of the medical malpractice injury;
  • The pain and suffering of the injured patient due to the medical malpractice;
  • The level of negligence attributed to the negligent doctor or treating professionals;
  • The strength of the causation between the doctor’s medical malpractice and the patient’s injury;
  • The “market value” of the case (other comparable payouts in similar medical malpractice cases).

Of course, there are other factors that may influence how much a New York City medical malpractice victim may expect to receive in their case. In order to determine how much compensation you may be owed in your New York City medical malpractice case, it is best to speak with an experienced New York City medical malpractice lawyer as soon as possible.

The experienced New York City medical malpractice lawyers at the law firm of Michael Gunzburg, P.C. are here to help victims of medical malpractice get justice in New York City under New York medical malpractice laws. Contact Michael Gunzburg, P.C. and speak to an experienced lawyer about your case now.

Source:

jamanetwork.com/journals/jamainternalmedicine/fullarticle/2612118

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About Michael Gunzburg

Michael Gunzburg is a New York City personal injury and medical malpractice attorney with over 37 years of trial experience. He has represented thousands of injured clients throughout New York City's five boroughs, securing numerous multimillion-dollar verdicts and settlements, including a $20 million structured settlement for a birth injury case and a $10.1 million settlement for a construction accident victim.

Michael holds a Juris Doctorate from Brooklyn Law School and is also a Certified Public Accountant, giving him unique insight into complex financial aspects of injury cases. He is admitted to practice in New York State Courts and the U.S. District Courts for the Southern and Eastern Districts of New York.

A member of the New York State Trial Lawyers Association and the American Association of Justice, Michael has argued cases before the New York Court of Appeals and has been a member of the Brooklyn Bar Association's legal referral panel since 1989. He handles cases involving car accidents, construction injuries, medical malpractice, and wrongful death throughout NYC.

The information in this post is for educational purposes and does not constitute legal advice. For specific guidance about your situation, contact Michael Gunzburg, P.C. at 212-725-8500.