Literature DB >> 22642729

Economic impact of services for first-episode psychosis: a decision model approach.

Paul McCrone1, Martin Knapp, Sujith Dhanasiri.   

Abstract

AIM: To assess the impact of early intervention (EI) services on service costs for people with first-episode psychosis.
METHODS: A decision model was constructed to map the care pathways following input from EI services and from standard care. A Markov process was used to run the model over 18 2-month cycles. Probabilities and costs for the model of admissions, readmissions and use of community services were obtained from the literature, routine sources and expert opinion. One-way and probabilistic sensitivity analyses were conducted to address uncertainty around the parameter estimates.
RESULTS: The model estimated 1 year costs to be £9422 for EI and £14,394 for standard care. The respective figures over 3 years were £26,568 and £40,816. One-way sensitivity analyses revealed that the results were robust to changes in most parameters with the exception of the readmission rate. A relatively small decrease in the readmission rate for standard care patients would eliminate the cost saving. The probabilistic sensitivity analyses also showed that the results were robust to parameter changes.
CONCLUSIONS: This study suggests cost savings associated with EI. However, caution is required as the model is relatively simple and relies on a number of assumptions.
© 2009 The Authors. Journal compilation © 2009 Blackwell Publishing Asia Pty Ltd.

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Mesh:

Year:  2009        PMID: 22642729     DOI: 10.1111/j.1751-7893.2009.00145.x

Source DB:  PubMed          Journal:  Early Interv Psychiatry        ISSN: 1751-7885            Impact factor:   2.732


  3 in total

1.  Service users' views of moving on from early intervention services for psychosis.

Authors:  Peter Carter
Journal:  Br J Gen Pract       Date:  2012-06       Impact factor: 5.386

2.  Economic Evaluation of Early Psychosis Interventions From A Canadian Perspective.

Authors:  Jean-Eric Tarride; Gord Blackhouse; Amal Abdel-Baki; Eric Latimer; Gillian Mulvale; Brian Cooper; Gord Langill; Deborah Milinkovic; Rosain Stennett; Jeremiah Hurley
Journal:  Can J Psychiatry       Date:  2022-03-21       Impact factor: 5.321

3.  The Use of Expert Elicitation among Computational Modeling Studies in Health Research: A Systematic Review.

Authors:  Christopher J Cadham; Marie Knoll; Luz María Sánchez-Romero; K Michael Cummings; Clifford E Douglas; Alex Liber; David Mendez; Rafael Meza; Ritesh Mistry; Aylin Sertkaya; Nargiz Travis; David T Levy
Journal:  Med Decis Making       Date:  2021-10-25       Impact factor: 2.749

  3 in total

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