ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $726 | Benefits minus costs | $3,892 | |||
Participants | $92 | Benefit to cost ratio | $10.99 | |||
Others | $113 | Chance the program will produce | ||||
Indirect | $3,350 | benefits greater than the costs | 100% | |||
Total benefits | $4,282 | |||||
Net program cost | ($389) | |||||
Benefits minus cost | $3,892 | |||||
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 | |||||
Fall-related hospitalization^ Hospitalization as a result of a fall. |
75 | 1 | 30 | 0.000 | 0.344 | 75 | n/a | n/a | n/a | 0.000 | 1.000 | |
Falls‡ An event which results in a person coming to rest inadvertently on the ground or floor or other lower level. |
75 | 3 | 498 | 0.586 | 0.091 | 75 | 1.000 | 0.000 | 76 | 0.586 | 0.001 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Falls | Health care associated with falls | $726 | $92 | $113 | $363 | $1,295 |
Mortality associated with falls | $0 | $0 | $0 | $3,182 | $3,182 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($195) | ($195) |
Totals | $726 | $92 | $113 | $3,350 | $4,282 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $318 | 2016 | Present value of net program costs (in 2023 dollars) | ($389) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 40% |
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. |
Campbell, A.J., Robertson, M.C., La Grow, S.J., Kerse, N.M., Sanderson, G.F., Jacobs, R.J., . . . Hale, L.A. (2005). Randomised controlled trial of prevention of falls in people aged ≥75 with severe visual impairment: the VIP trial. BMJ, 331(7520), 817.
Cumming, R.G., Thomas, M., Szonyi, G., Salkeld, G., O'Neill, E., Westbury, C., & Frampton, G. (1999). Home visits by an occupational therapist for assessment and modification of environmental hazards: A randomized trial of falls prevention. Journal of the American Geriatrics Society, (47) 12, 1397-1402.
Nikolaus, T., & Bach, M. (2003). Preventing falls in community-dwelling frail older people using a home intervention team (HIT): Results from the randomized Falls-HIT Trial. Journal of the American Geriatrics Society, 51 (3), 300-305.
Pardessus, V., Puisieux, F., Di Pompeo, C., Gaudefroy, C., Thevenon, A., & Dewailly, P. (2002). Benefits of home visits for falls and autonomy in the elderly: a randomized trial study. American Journal of Physical Medicine & Rehabilitation, 81 (4), 247-252.