American Journal of Statistics and Actuarial Sciences 2023-04-24T08:46:44+03:00 Journal Admin Open Journal Systems <p>American Journal of Statistics and Actuarial Sciences is is an open access journal hosted by AJPO Journals USA LLC. The journal has an International Standard Serial Number (ISSN) of 2958-5244.Statistics and Actuarial Science are two subjects that are closely connected since statistical methods are applied when solving financial insurance problems. Actuarial science on the other hand uses probability mathematics to solve uncertain future problems. The American Journal of Statistics and Actuarial Science deals with fields such as Mathematics, Economics, Finance, Statistics, Probability and Computer Science. The paper is then reviewed by professionals so as to make sure that the journal is clear and comprehensive so as not to compromise the quality. The review remarks are issued within a period of two weeks. This journal is also very popular for its affordable prices which is an advantage to both the existing and upcoming researchers who want to publish their work. The journal is also featured in the google scholar and other journal directories. Therefore, this journal is appropriate for all the actuarial and statistical studies which is then published in both online and printed versions. Its indexed in google scholar, Crossref (DOI), Ebscohost, Research Gate among others.</p> Risk Management: Gaining Control of Medical Malpractice Litigation 2023-04-24T08:46:44+03:00 Howard Smith <p>The purpose of&nbsp;risk management is to anticipate a crisis and prepare an actionable strategy, which accurately predicts the most successful outcome for the crisis. For doctors, a malpractice lawsuit is a crisis. It is always foreshadowed by a complication from a medical intervention. The complication can result from a medical error. However, it, also, can result from an error-of-nature. CCC+C is a risk management tool that is data driven and uses the scientific method to define, measure, analyze, improve, and control processes so that a medical error can be distinguished from an error-of-nature with 95% confidence. An error-of-nature is not preventable but a resulting frivolous lawsuit can be dismissed. Likewise, a medical error is preventable and a resulting meritorious lawsuit can be settled. Both outcomes depend on damage control. CCC+C is the damage control tool. When used by doctors as soon as a complication occurs, it manages all other obstacles presenting upstream from actuaries in medical malpractice insurance companies, plaintiff attorneys, defense attorneys and medical experts.&nbsp; In court, CCC+C is a forensic science designed to work in the same way as ACE+V, which is a forensic science that identifies fingerprints. Lastly, because CCC+C is transparent, it exposes unscrupulous tactics by any party on either side of litigation. It accurately predicts outcomes and controls litigation because it effectively protects from, defends against and prevents unscrupulous tactics. Therefore, CCC+C is a game changer in the arena of medical malpractice litigation.</p> <p>&nbsp;</p> 2023-04-24T00:00:00+03:00 Copyright (c) 2023 Howard N. Smith