Dementia and Imagination: A Social Return on Investment Analysis Framework for Art Activities for People Living With Dementia. (23rd November 2018)
- Record Type:
- Journal Article
- Title:
- Dementia and Imagination: A Social Return on Investment Analysis Framework for Art Activities for People Living With Dementia. (23rd November 2018)
- Main Title:
- Dementia and Imagination: A Social Return on Investment Analysis Framework for Art Activities for People Living With Dementia
- Authors:
- Jones, Carys
Windle, Gill
Edwards, Rhiannon Tudor - Editors:
- Bowers, Barbara J
- Abstract:
- Abstract: Background and Objectives: Arts activities may benefit people living with dementia. Social return on investment (SROI) analysis, a form of cost-benefit analysis, has the potential to capture the value of arts interventions, but few rigorous SROI analyses exist. This article presents a framework for an SROI analysis. Research Design and Methods: One hundred twenty-five people with mild to severe dementia and 146 caregivers were recruited to the Dementia and Imagination study across residential care homes, a hospital and community venues in England and Wales for a 12-week visual arts program. Quantitative and qualitative data on quality of life, support, and program perceptions were obtained through interviews. SROI was undertaken to explore the wider social value of the arts activities. Results: An input of £189, 498 ($279, 320/€257, 338) to deliver the groups created a social value of £980, 717 ($1, 445, 577/€1, 331, 814). This equates to a base case scenario of £/$/€5.18 of social value generated for every £/$/€1 invested. Sensitivity analysis produced a range from £/$/€3.20 to £/$/€6.62 per £/$/€1, depending on assumptions about benefit materialization; financial value of participants' time; and length of sustained benefit. Discussion: To our knowledge, this is the first study applying SROI to an arts intervention for people with dementia. Arts-based activities appear to provide a positive SROI under a range of assumptions. Implications: Decision makers areAbstract: Background and Objectives: Arts activities may benefit people living with dementia. Social return on investment (SROI) analysis, a form of cost-benefit analysis, has the potential to capture the value of arts interventions, but few rigorous SROI analyses exist. This article presents a framework for an SROI analysis. Research Design and Methods: One hundred twenty-five people with mild to severe dementia and 146 caregivers were recruited to the Dementia and Imagination study across residential care homes, a hospital and community venues in England and Wales for a 12-week visual arts program. Quantitative and qualitative data on quality of life, support, and program perceptions were obtained through interviews. SROI was undertaken to explore the wider social value of the arts activities. Results: An input of £189, 498 ($279, 320/€257, 338) to deliver the groups created a social value of £980, 717 ($1, 445, 577/€1, 331, 814). This equates to a base case scenario of £/$/€5.18 of social value generated for every £/$/€1 invested. Sensitivity analysis produced a range from £/$/€3.20 to £/$/€6.62 per £/$/€1, depending on assumptions about benefit materialization; financial value of participants' time; and length of sustained benefit. Discussion: To our knowledge, this is the first study applying SROI to an arts intervention for people with dementia. Arts-based activities appear to provide a positive SROI under a range of assumptions. Implications: Decision makers are increasingly seeking wider forms of economic evidence surrounding the costs and benefits of activities. This analysis is useful for service providers at all levels, from local government to care homes. … (more)
- Is Part Of:
- Gerontologist. Volume 60:Number 1(2020)
- Journal:
- Gerontologist
- Issue:
- Volume 60:Number 1(2020)
- Issue Display:
- Volume 60, Issue 1 (2020)
- Year:
- 2020
- Volume:
- 60
- Issue:
- 1
- Issue Sort Value:
- 2020-0060-0001-0000
- Page Start:
- 112
- Page End:
- 123
- Publication Date:
- 2018-11-23
- Subjects:
- Visual arts -- Creativity -- arts -- and related therapy -- Economics
Older people -- Periodicals
Older people -- United States -- Periodicals
305.2605 - Journal URLs:
- http://gerontologist.oxfordjournals.org/ ↗
http://ukcatalogue.oup.com/ ↗ - DOI:
- 10.1093/geront/gny147 ↗
- Languages:
- English
- ISSNs:
- 0016-9013
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4162.300000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 12904.xml