Return on Investment and Value Research in Neuropsychology: A Call to Arms†

Author:

Glen Tannahill1,Hostetter Gayle2,Roebuck-Spencer Tresa M3,Garmoe William S4,Scott James G5,Hilsabeck Robin C6,Arnett Peter7,Espe-Pfeifer Patricia8

Affiliation:

1. Neuropsychology, Inc, Jacksonville, FL, USA

2. Independent Practice, Honolulu, HI, USA

3. Jefferson Neurobehavioral Group, Houston, TX, USA

4. Department of Neurology, MedStar National Rehabilitation Network, Washington, DC, USA

5. Department of Psychiatry, University of Oklahoma Health Sciences Center, Oklahoma City, OK, USA

6. Department of Neurology, University of Texas at Austin Dell Medical School, Austin, TX, USA

7. Department of Psychology, Penn State University, University Park, PA, USA

8. Department of Psychiatry, University of Iowa College of Medicine, Iowa City, IA, USA

Abstract

Abstract There is substantial empirical evidence to support the clinical value of neuropsychological evaluation and the incremental value of neuropsychological assessment, suggesting such evaluation is beneficial in the prediction and management of clinical outcomes. However, in the cost-conscious and evolving era of healthcare reform, neuropsychologists must also establish the economic value, or return on investment, of their services. There is already a modest body of literature that demonstrates the economic benefits of neuropsychological evaluation, which is reviewed in the current paper. Neuropsychologists will need to be able to communicate, and develop evidence of, economic value of their services; thus, this paper also discusses common concepts, terms, and models used in healthcare valuation studies. Finally, neuropsychologists are urged to incorporate these financial concepts in their clinical practice and research.

Publisher

Oxford University Press (OUP)

Subject

Psychiatry and Mental health,Clinical Psychology,Neuropsychology and Physiological Psychology,General Medicine

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