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On Monday, December 2, Judge Barbier is scheduled to hear arguments on whether the parties to the Deepwater Horizon settlement agreement had discussed the intended meaning of Exhibit 4C (Compensation Framework for Business Economic Loss Claims) as it applies to the use of cash versus accrual basis accounting to calculate claimants’ loss of variable profits. Briefs have been submitted, and the issue has been joined for a hearing.
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In a recent article by John James of Patient Safety America, the author discloses that the evidence based estimate of hospital preventable adverse events (PAEs) affecting patients and leading to death is now more than 400,000 per year. In comparison, 1984 data examined by the Institute of Medicine lead to an estimate that 98,000 Americans die each year from medical errors. Whether the number is 98,000 or 400,000, there is little doubt that there is a problem with the administration of health care in our country.
