Return on Investment and Value Research in Neuropsychology: A Call to Arms . [Review]

MedStar author(s):
Citation: Archives of Clinical Neuropsychology. 35(5):459-468, 2020 Jul 24.PMID: 32219365Institution: MedStar National Rehabilitation NetworkForm of publication: Journal ArticleMedline article type(s): Journal ArticleSubject headings: *Delivery of Health Care | *Neuropsychology | Humans | Neuropsychological TestsYear: 2020ISSN:
  • 0887-6177
Name of journal: Archives of clinical neuropsychology : the official journal of the National Academy of NeuropsychologistsAbstract: 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. Copyright Published by Oxford University Press 2020.All authors: Arnett P, Espe-Pfeifer P, Garmoe WS, Glen T, Hilsabeck RC, Hostetter G, Roebuck-Spencer TM, Scott JGOriginally published: Archives of Clinical Neuropsychology. 2020 Mar 27Fiscal year: FY2021Fiscal year of original publication: FY2020Digital Object Identifier: Date added to catalog: 2020-07-09
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Journal Article MedStar Authors Catalog Article 32219365 Available 32219365

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. Copyright Published by Oxford University Press 2020.

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