Michael Salve, Ph.D. is a Senior Managing Director in FTI Consulting’s Economic Consulting Services practice based in New York City.
Dr. Salve is an applied economist with experience in advanced quantitative methods, statistical studies, healthcare claims sampling, False Claims Act matters, econometric modeling, ZPIC audits, network analysis and commercial disputes.
He holds a doctorate in economics, with concentrations in both applied econometric and statistical techniques and industrial organization. He currently serves as an adjunct faculty member at Hunter College in New York City where he teaches Econometrics, and Law and Economics in the graduate economics program.
Dr. Salve has extensive experience in designing statistical samples, developing complex extrapolation and benchmarking models, and evaluating achieved precision levels for clients in the healthcare industry. He also uses network analysis to reveal unexpected, yet systematic, relationships among admitting physicians, tending physicians and other providers with respect to their common billing and claim submission patterns.
He also testifies on the use of econometric and statistical models for estimating exposure and potential damages for healthcare clients in litigation. Results of his statistical work have been presented to the SEC and DOJ. He has presented testimony in federal court in a qui tam false claims act matter and has also been deposed by the US DOJ and has been cross examined by the New York State Office of the Medicaid Inspector General.
He has constructed sampling techniques used to develop statistically reliable results for inclusion in expert testimony. Specifically, he has assisted healthcare clients and lending institutions in areas such as addressing allegations of fraudulent or improper billing practices and quantifying financial accuracy measures.
Dr. Salve has successfully worked with teams of professionals from engaging law firms on issues relating to relevant data requests during the discovery period, proper extrapolation methodologies to unknown populations and identification of potential bias in existing samples.
Prior to joining FTI Consulting, Dr. Salve was a Principal with the Forensic and Dispute Services Group of a Big Four Accounting Firm, where he led the Economic Consulting Services practice in New York and was a Managing Director at a private consulting firm where he led the statistical sampling work in the US. He has been a teaching fellow and graduate mathematics instructor at Boston College and was an adjunct faculty member at Suffolk University.
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Econometrics & Statistical Analysis