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Publication Date: April 2009
Publisher: Robert Wood Johnson Foundation
Author(s): Chad. Shearer; Allison. Hamblin
Research Area: Health
Type: Report
Abstract:
With rising health care costs and budget cuts, now more than ever, Medicaid directors need to identify programs that will improve health care quality and curb costs. Return on investment (ROI) analysis, which has long been used in the private sector to guide the allocation of resources, is a useful technique for supporting value-based policy decisions within Medicaid.
The User’s Guide to the ROI Forecasting Calculator: Estimating ROI for Medicaid Quality Improvement Programs was developed to help Medicaid stakeholders use the ROI Calculator to build and analyze forecasts for proposed quality improvement programs. The guide offers step-by-step instructions for using the calculator, a Web-based tool, to help identify programs that could improve health outcomes and reduce health care spending.