Studies from Bocconi University Have Provided New Data on Life Science Research (An Analysis of the Number of Medical Malpractice Claims and Their…

Studies from Bocconi University Have Provided New Data on Life Science Research (An Analysis of the Number of Medical Malpractice Claims and Their Amounts)

By a News Reporter-Staff News Editor at Life Science Weekly -- Current study results on Life Science Research have been published. According to news originating from Milan, Italy, by NewsRx correspondents, research stated, "Starting from an extensive database, pooling 9 years of data from the top three insurance brokers in Italy, and containing 38125 reported claims due to alleged cases of medical malpractice, we use an inhomogeneous Poisson process to model the number of medical malpractice claims in Italy. The intensity of the process is allowed to vary over time, and it depends on a set of covariates, like the size of the hospital, the medical department and the complexity of the medical operations performed."

Our news journalists obtained a quote from the research from Bocconi University, "We choose the combination medical department by hospital as the unit of analysis. Together with the number of claims, we also model the associated amounts paid by insurance companies, using a two-stage regression model. In particular, we use logistic regression for the probability that a claim is closed with a zero payment, whereas, conditionally on the fact that an amount is strictly positive, we make use of lognormal regression to model it as a function of several covariates."

According to the news editors, the research concluded: "The model produces estimates and forecasts that are relevant to both insurance companies and hospitals, for quality assurance, service improvement and cost reduction."

For more information on this research see: An Analysis of the Number of Medical Malpractice Claims and Their Amounts. Plos One, 2016;11(4):e0153362. (Public Library of Science - www.plos.org; Plos One - www.plosone.org)

The news correspondents report that additional information may be obtained from M. Bonetti, Bocconi University and Carlo F Dondena Centre for Research on Social Dynamics and Public Policy, Milan, Italy. Additional authors for this research include P.. Cirillo, P.. Musile Tanzi and E. Trinchero (see also Life Science Research).

Keywords for this news article include: Milan, Europe, Hospital, Life Science Research.

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