A paper co-written by Dr. Wayne Macfadden, former attending psychiatrist with the Princeton Healthcare Medical Center in Princeton, New Jersey, explores the costs patients with bipolar disorder incur to the Medicaid program. For this particular study, researchers looked at individuals with bipolar disorder type one, some of which required regular psychiatric interventions. Dr. Wayne Macfadden and his peers analyzed material from a Medicaid database to pinpoint patients who had more than two clinically significant events , such as hospitalizations or emergency room visits, linked to bipolar disorder in a year’s time. Such patients were classified as having received frequent psychiatric interventions (FPI).
According to the study, which was published in the Journal of Medical Economics, of the roughly 5,525 patients examined, 53 percent experienced FPIs. These patients were generally younger than those who did not require FPIs. Further, they incurred a higher cost to the Medicaid system than patients not requiring FPI.
This study appeared under the title “Characteristics, Healthcare Utilization and Costs of Bipolar Disorder Type I Patients with and Without Frequent Psychiatric Intervention in a Medicaid Population.”