An economic analysis of a community-based model for dementia care in Ireland: a balance of care approach.

In this study O’Shea & Monaghan (2017) used a balance of care approach to examine the impact and cost of personalised support to people with dementia, regarded as being at the boundary between care in the community and residential care. During the project 181 people with dementia received almost 35000 additional support hours. In terms of cost, community care was evidenced as lower remaining below 50% of residential costs even when personal consumption and housing cost were included. However, when informal caring costs were included using an opportunity cost methodology, community costs exceeded residential by approximately €200 per person per week. The authors highlight that their estimate of informal care costs may be exaggerated as a result of not providing an offsetting monetary valuation of the benefits of caring. They conclude that the provision of personalised support can delay admission to residential care and is good value for money.
Title: 
An economic analysis of a community-based model for dementia care in Ireland: a balance of care approach.
Date: 
2017
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References: 
O'Shea, E. and Monaghan, C., 2017. An economic analysis of a community-based model for dementia care in Ireland: a balance of care approach. International Psychogeriatrics, 29(7), pp.1175-1184.