ALL |
META-ANALYSIS |
CITATIONS |
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Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $3,273 | Benefits minus costs | ($5,040) | |||
Participants | $45 | Benefit to cost ratio | $0.30 | |||
Others | $737 | Chance the program will produce | ||||
Indirect | ($1,941) | benefits greater than the costs | 35% | |||
Total benefits | $2,114 | |||||
Net program cost | ($7,154) | |||||
Benefits minus cost | ($5,040) | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Effect sizes (ES) and standard errors (SE) used in the benefit-cost analysis | Unadjusted effect size (random effects model) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
First time ES is estimated | Second time ES is estimated | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
Hospitalization (psychiatric) Admission to a psychiatric ward or hospital. |
38 | 1 | 77 | -1.331 | 0.670 | 39 | 0.000 | 0.118 | 40 | -1.331 | 0.047 | |
Psychosis symptoms (positive)^ Symptoms of psychosis that are experienced in addition to normal function (e.g., delusions, hallucinations, or agitation) measured on a validated scale, for individuals with serious mental illness. |
38 | 1 | 38 | 0.091 | 0.230 | 39 | n/a | n/a | n/a | 0.091 | 0.691 | |
Psychiatric symptoms^ Mental health symptoms (such as symptoms of psychosis) in individuals with serious mental illness, measured on a validated scale. |
38 | 1 | 38 | -0.320 | 0.231 | 39 | n/a | n/a | n/a | -0.320 | 0.166 | |
Homelessness^ A lack of stable housing, often measured through self-report of conditions like living on streets or in shelters in a given time period. |
38 | 2 | 125 | -1.059 | 0.249 | 39 | n/a | n/a | n/a | -1.059 | 0.001 | |
Psychosis symptoms (negative)^ Symptoms of psychosis that reflect a decrease or loss of normal function (e.g., diminished emotional expression, lack of motivation) measured on a validated scale, for individuals with serious mental illness. |
38 | 1 | 38 | -0.572 | 0.234 | 39 | n/a | n/a | n/a | -0.572 | 0.014 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Hospitalization (psychiatric) | Health care associated with psychiatric hospitalization | $3,273 | $45 | $737 | $1,636 | $5,691 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($3,577) | ($3,577) |
Totals | $3,273 | $45 | $737 | ($1,941) | $2,114 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $3,769 | 1992 | Present value of net program costs (in 2023 dollars) | ($7,154) |
Comparison costs | $0 | 1992 | Cost range (+ or -) | 10% |
Benefits Minus Costs |
Benefits by Perspective |
Taxpayer Benefits by Source of Value |
Benefits Minus Costs Over Time (Cumulative Discounted Dollars) |
The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in discounted dollars. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment. |
Herman, D., Opler, L., Felix, A., Valencia, E., Wyatt, R. J., & Susser, E. (2000). A critical time intervention with mentally ill homeless men: impact on psychiatric symptoms. The Journal of Nervous and Mental Disease, 188(3), 135-140.
Herman, D.B., Conover, S., Gorroochurn, P., Hinterland, K., Hoepner, L., & Susser, E.S. (2011). Randomized trial of critical time intervention to prevent homelessness after hospital discharge. Psychiatric Services, 62(7), 713-719.
Susser, E., Valencia, E., Conover, S., Felix, A., Tsai, W.Y., & Wyatt, R.J. (1997). Preventing recurrent homelessness among mentally ill men: A 'critical time' intervention after discharge from a shelter. American Journal of Public Health, 87(2), 256-262.
Tomita, A., & Herman, D.B. (2012). The impact of critical time intervention in reducing psychiatric rehospitalization after hospital discharge. Psychiatric Services, 63(9), 935-937.