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The HMinfo Research Library contains an in-depth collection of materials on home modifications and related subjects.

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Prospective budgeting for home care: making titration work

Journal of Aging and Health

Author: Greene, V. L.
Year: 2005
Type: Journal Article

Abstract:

Objective: To provide a model for prospective budgeting for home care that is plausible, coherent, flexible, and sufficiently tractable that it can serve as a template for practical decision making and to clarify what would be the data requirements and statistical framework to calibrate the model.Methods: Methods used are standard risk-neutral expected value theory, cost benefit analysis, and the conditional logistic probability model.Results: A simple but effective prospective budgeting model that provides analytic scaffolding for a practical decision support system for home care case managers, consultants, and program evaluators that can improve program equity, efficiency, and effectiveness.Discussion: The author criticizes the well-known Titration Budgeting Model of Weissert, Chernew, and Hirth in terms of its logical and operational problems but then goes on to develop a framework within which the goals of the titration model can be met and home care resources can be more efficiently allocated.


Further Details

Full Title Journal of Aging and Health
Pages 399-424
Volume 17
Issue 4
Accession Number November, 2010
Research Notes Electronic copy added 13/09/2013
Keywords cost-benefitcare

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