@article{ref1,
title="An economic evaluation of preventing falls using a new exercise program in institutionalized elderly",
journal="Journal of physical activity and health",
year="2018",
author="Mills, Kristin M. and Sadler, Scott and Peterson, Karen and Pang, Lorrin",
volume="15",
number="6",
pages="397-402",
abstract="BACKGROUND: Falls in the elderly represent a public health crisis. Effective prevention programs need to conduct economic analyses. The Move With Balance program showed a 65% reduction in falls in institutionalized elderly. <br><br>METHODS: We evaluated the return on investment (ROI) of Move With Balance. We calculated the ROI for 2 situations: first, using data from the current study (N = 27); second, extrapolating the data to an &quot;intended&quot; annual program (N = 45) where training costs can be spread over 6 years. <br><br>RESULTS: The program costs for the current study was $11,143. Based on an efficacy rate of 65%, we estimated that 13 falls were averted among the 21 participants in the treatment group. At a cost of $1440/fall, total averted cost of falls was $18,720. The ROI was 1.7:1 for a 10-week period. Program effects persisted for at least 6 months. Extrapolating the current program costs and fall rates to include classes for 45 people twice a year, the annual program costs would be $27,217. Total annual averted cost of falls would be $208,594. The annual ROI in this group would be 7.6:1. <br><br>CONCLUSIONS: Move With Balance not only is efficacious in reducing falls in institutionalized elderly but also has a positive ROI.<p /> <p>Language: en</p>",
language="en",
issn="1543-3080",
doi="10.1123/jpah.2017-0225",
url="http://dx.doi.org/10.1123/jpah.2017-0225"
}