EE678 Cost Effectiveness of Cognitive Behavioural Therapy for Psychosis Through Reduced Hospitalisation

Confronting the dialectic between quality and access in early psychosis care in the United States: Finding the synthesis by leveraging psychological expertise.

“…Similarly, investigations of the cost–benefit and cost-effectiveness of component CSC interventions largely support a return on investment of comprehensive early intervention services. For instance, cognitive behavioral therapy for psychosis (CBTp) is recommended as a standard of psychosis care (American Psychiatric Association, 2020; Substance Abuse and Mental Health Services Administration [SAMHSA], 2021), and published cost analyses suggest that CBTp contributes to lower cost of health care and social support (e.g., Konings et al, 2022; Shields et al, 2019) with one statewide analysis indicating a return on investment within 5 years and compounding financial returns to the individual, family, and taxpayers over time (Washington State Institute for Public Policy, 2019).…”