The Financial Impact

Collaborative Care

Collaborative Care (CoCM) has been shown to save over $3,000 per patient comparted to usual care, with an 87% probability that the model was associated with reduced costs. This $6:1 return on investment includes cost savings with emergency department, specialty mental health, medical, and surgical services, as well as pharmaceutical, inpatient, and outpatient costs. Proacitvely addressing mental health is beneficial to patients’ overall wellbeing, which reduces the probability of downstream costs.

 

Integrated Care

Integrated medical and behavioral health services (including some beyond CoCM), are a valuable opportunity to reduce health care expenditures2. Effective integration of these services is projected to show the following financial impact nationwide:

  • 5-10% reduction in health care expenditures
  • annual savings of $26-48 billion

Click here for more information on the business case for collaborative care. 

 

 

 

References

1. Unützer, J., Katon, W. J., Fan, M., Michael, C., Lin, E. H. B., Penna, R. D. Della, & Powers, D. (2008). Long-term Cost Effects of Collaborative Care for Late-life Depression. The American Journal of Managed Care, 14, 95–100.

2. Melek, S. P., Paulus, J., & Norris, D. T. (2014). Milliman American Psychiatric Association Report Economic Impact of Integrated Medical-Behavioral Healthcare Implications for Psychiatry. Denver, Colorado.