In Florida, a typical faulty knee replacement settlement case ranges from $65,000 to $145,000. For fractures and knee dislocation cases, the settlement amount may rise to the maximum amount of $350,000.
Knee replacement surgery is a common practice to address joint corrosion problems. Generally, the procedure uses implants to ease pain and reinstate mobility. Knee replacement improves the quality of life. However, faulty knee replacement may lead to serious health hazards. Often companies fail to
design safe products, and patients are exposed to unbearable risks and pain.
Let us understand the key details of Exactech knee lawsuit:
Exactech recalls its Optetrak variant as the product degrades faster than expected due to the presence of ultra-light polyethylene inserts. The defective product was causing components to wear and tear. Removing it needed a painful operation. After several years of hearing, the company agreed on a
settlement amount mounting to $8 million after thousands of people filed lawsuits.
How Much is a Knee Replacement Lawsuit Worth?
At People for Law, we understand every patient’s right to get legal assistance and assist them in getting a speedy settlement for a faulty knee replacement. A patient may seek financial recovery for lost wages, medical expenses, and other damages caused due to improper implantation of Exactech orthopedic
implants. The Exactech knee lawsuit will help in recovering all the losses caused due to improper medical assistance.
Knee replacement lawsuits primarily involve tricky situations that need surgery to be fixed. Why do patients file knee replacement lawsuits?
- Instability
- Excessive pain
- Implant loosening due to cement problem
- Loosening due to defective screws
- Premature failure
- Constrained motion
Most issues arise due to manufacturing defects. Exactech’s Optetrak knee happens to be the major culprit for all knee replacement problems. Hence, if you are thinking of filing a faulty knee replacement lawsuit, it is important to consult a mass tort attorney who has expertise in dealing with similar injuries.
Defective products or operational negligence are responsible for the injuries.
A knee replacement lawsuit helps the patient to demand the cost of a second surgery from the manufacturer in case of a defective device. Your attorney will help you assist in demanding the cost of the second replacement surgery from the manufacturer. In most cases, the manufacturer pays the wages till the patient recovers as well as compensate for the losses incurred due to faulty fixtures.
Does MRI Increase settlement?
Yes. MRI is known to increase the settlement amounts. It provides solid and factual evidence of injuries and defective products. However, it is critical that every detail is documented thoroughly. MRI data supports the claim for a faulty knee replacement causing pain and agony. In fact, MRI can detect all the
major complications from knee replacement operation.
The findings help the patients and the legal advisors to evaluate the success rate of the surgery and claim adequate compensation for imperfect knee replacements. Around 52.6% of patients were found to have defective components when MRIs
were conducted. MRI helps in proving complications and detecting operational failures. Properly done MRI data develops proper documentation of faulty implantations. This increases the settlement values for damages in knee replacement claims.
How much will I get from a $25,000 settlement?
- From a $25,000 knee replacement settlement, you are eligible to receive $12,000 to $16,000 as a final settlement amount. Some key factors affecting your settlement amount is:
- Attorney fees: If your case gets settled before filing a lawsuit, then you must pay less to your attorney. However, if the case is settled after taking legal action, then the fee rises.
- Case expenses: Law agencies often spend a lot of money to run your case. These expenses are generally deducted from your final settlement amount.
- Negotiation: Often experienced lawsuit attorneys negotiate low medical liens. This increases your net settlement amount.
| Total Settlement Amount | Amount You May Receive |
|---|---|
| $25,000 | $12,000 – $16,000 |
How long does it take for a knee replacement to settle?
A knee replacement settlement case can get resolved in just one year. However, there are cases that continue for more than four to five years until they are settled. Everything depends on the criticality of the case, availability of medical records, testimonies, and other valuable information. In cases where the compensation amount is more than $2 million, the timeline may extend till 5 years. From filing a claim to the final settlement or trial, the duration may vary from case to case. The entire process generally looks like this:
1. File a claim – The attorney files lawsuit for improper knee replacement practices.
2. Medical and legal investigations – The lawyers gather all the required medico-legal documents to
ensure the patient gets adequately compensated.
3. Findings – The lawsuit attorney carefully evaluates the relevant documents and notes key
findings to prove the impact of faulty product implantation.
4. Negotiation – Your attorney will sit with all parties involved in the case for final negotiation.
5. Final settlement – This is the final step where an attorney places the case to ensure the patient
gets compensated for medical malpractice.
What is a Fair Settlement Amount?
The term “fair” doesn’t relate to the amount only. A fair settlement is done when the case is finally heard, trialed, and settled with a proper compensation amount. Generally, a fair settlement amount for faulty knee replacement case ranges from $50,000 to $500,000. Everything depends on the medico-legal
investigation, collated reports, and other relevant documents that make the case strong.
In one such case, Exactech agreed to pay $8 million for supplying defective knee replacement devices. The primary factors impacting the final settlement amount are:
- A secondary or multiple knee operations to fix the problem often raise the cost of the claim amount.
- Certain issues like chronic pain, improper implantation or cementing, and failed surgery increase the claim amount.
- Defective knee operations or implantation results in pain and a lot of suffering. At times, a patient fails to attend the workplace. You may not get your wages for a certain period of time. Loss of wages and lifestyle maintenance costs are mostly included in the final settlement amount.
- Apart from these, there are losses incurred due to mental trauma where patients have to stay away from colleagues, friends, or even family members.
| Amount Information | Fair Settlement Amount of Knee Replacement |
|---|---|
| General Settlement Range | $50,000 – $500,000 |
| What “Fair” Means | Proper compensation after the case is heard, reviewed, and settled |
| What Affects the Amount | Medical and legal investigation, reports, and supporting documents |
| Example Case Settlement | Exactech agreed to pay $8 million for defective knee replacement devices |
Can I sue for a Bad Knee Replacement?
No one suffers more pain than the patient who has undergone an improper or faulty knee replacement surgery. It is a person’s primary right to seek compensation for the loss (financial and emotional) from the manufacturer, medical center, or any other party who is associated with the process. So, yes, you can always sue for a bad knee replacement. But it is highly recommended to consult a professional Florida- based mass tort attorney who could guide you through the entire lawsuit process. Only a trained legal professional is aware of the primary aspects of filing a lawsuit.
Bonus Tips
Filing a faulty knee replacement lawsuit is a complex task. You may not know whether the company against whom you are filing the case is still active or has gone bankrupt. It is not possible for an ailing patient to gather all the necessary medical evidence. Your suffering speaks a lot about the faulty knee
replacement process. At People for Law, we understand your pain areas. Our mass tort attorneys are available to settle your case and end up with proper compensation. We help you recover your losses.
