BOX 3Characteristics of Functioning and Cost Data Needed to Build an Investment Case

Carl Willers presented characteristics of data needed to build a case for investing in functioning. Data should be:

  • Structured and standardized, applying the International Classification of Functioning, Disability and Health to enable comparison across conditions and contexts;
  • Granular in detailing both outcomes and costs;
  • Contextualized and based on individual preferences;
  • Routine-based for registration and reporting;
  • Accessible for continuous monitoring and research;
  • Complete, including both direct and indirect costs; and
  • Transparent about methods used (e.g., how expense categories were allocated, approach for quantifying indirect costs).

SOURCE: Presented by Carl Willers, February 16, 2024.

From: Proceedings of a Workshop

Cover of Aging, Functioning, and Rehabilitation
Aging, Functioning, and Rehabilitation: Proceedings of a Workshop.
National Academies of Sciences, Engineering, and Medicine; Health and Medicine Division; Board on Health Care Services; Board on Global Health; Boman A, Formentos A, Cooper R, editors.
Washington (DC): National Academies Press (US); 2024 Oct 4.
Copyright 2024 by the National Academy of Sciences. All rights reserved.

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