ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $93 | Benefits minus costs | $13 | |||
Participants | $12 | Benefit to cost ratio | $1.04 | |||
Others | $14 | Chance the program will produce | ||||
Indirect | $209 | benefits greater than the costs | 50% | |||
Total benefits | $327 | |||||
Net program cost | ($315) | |||||
Benefits minus cost | $13 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Adjusted 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 | |||||
Falls‡ An event which results in a person coming to rest inadvertently on the ground or floor or other lower level. |
74 | 2 | 205 | 0.749 | 0.212 | 74 | 1.000 | 0.000 | 75 | 0.749 | 0.284 |
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 | $93 | $12 | $14 | $46 | $165 |
Mortality associated with falls | $0 | $0 | $0 | $320 | $320 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($157) | ($157) |
Totals | $93 | $12 | $14 | $209 | $327 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $267 | 2016 | Present value of net program costs (in 2022 dollars) | ($315) |
Comparison costs | $0 | 2016 | Cost range (+ or -) | 50% |
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. |
Gschwind, Y.J., Eichberg, S., Ejupi, A., de Rosario, H., Kroll, M., Marston, H.R., . . . Delbaere, K., (2015). ICT-based system to predict and prevent falls (iStoppFalls): Results from an international multicenter randomized controlled trial. European Review of Aging and Physical Activity, 12(1), 10.
Voukelatos, A., Merom, D., Sherrington, C., Rissel, C., Cumming, R.G., & Lord, S.R. (2015). The impact of a home-based walking programme on falls in older people: the Easy Steps randomised controlled trial. Age and ageing, 44(3), 377-383.