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Early intervention for first-episode psychosis: broadening the scope of economic estimates

Park, A-La, McCrone, Paul and Knapp, Martin (2014) Early intervention for first-episode psychosis: broadening the scope of economic estimates. Early Intervention in Psychiatry, online . n/a-n/a. ISSN 1751-7885 (In Press)

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Abstract

Aim: To explore the economic impacts of early intervention in England on outcomes and costs for people with first-episode psychosis. Methods: Three decision analytical models were constructed to compare treatment by early intervention for first-episode psychosis with standard care in relation to employment, education, homicide and suicide. Data on effectiveness and costs were taken from previous studies and expert opinion. Sensitivity analyses tested the robustness of assumptions. Results: Our models indicate that early intervention demonstrates savings of £2087 per person over 3 years from improved employment and education outcomes. In addition, the annual costs over 10 years related to homicide after early intervention were £80 lower than for standard care. There were also annual savings of £957 per person for early intervention over 4 years compared to standard care as a result of suicides averted. Conclusions: Not only can investment in early intervention help reduce some of the long-term costs and consequences of mental disorders to the health-care system. In addition, there are broader economic benefits that strengthen the potential cost savings to society.

Item Type: Article
Official URL: http://onlinelibrary.wiley.com/journal/10.1111/(IS...
Additional Information: © 2014 Wiley Publishing Asia Pty Ltd.
Library of Congress subject classification: R Medicine > RA Public aspects of medicine
Sets: Departments > Social Policy
Research centres and groups > Personal Social Services Research Unit (PSSRU)
Research centres and groups > LSE Health
Research centres and groups > NIHR School for Social Care Research
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 13 May 2014 08:22
URL: http://eprints.lse.ac.uk/56739/

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