Understanding VR-ROI Project for NCSRC Fall Meeting
Explore the VR-ROI Project presented at the NCSRC Fall Meeting, focusing on utilizing VR data for economic analysis, team collaboration, and feedback mechanisms for improving outcomes.
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VR-ROI Project: Not Your Fathers ROI NCSRC Fall Meeting October 29, 2023 1
Quick Survey How many of you are familiar with ROI and VR? 2
Todays Objectives Thank you for support of NIDILRR Grant Application Overview of VR-ROI Grant Project 3
VR-ROI Project Team we are more than just economists. George Washington University Joe Ashley, Maureen McGuire-Kuletz, Crystal Garry, and John Walsh University of Richmond (Emeritus) Bob Schmidt University of Virginia John Pepper Stoneybrook University Steven Stern University of Chicago Chris Clapp University of Montana Rural Institute Catherine Ibsen 4
Critical Piece of the Puzzle Feedback Mechanisms- Advisory Council Stakeholder Meetings Want to make sure the tools and products and approach are not created inside of a vacuum without appropriate feedback. We re going to talk a bit about the Project, then we d like to hear from you all about ROI and what you need 5
Some Background Regarding The VR-ROI Project 6
VR ROI Approach Uses readily available administrative data on: Characteristics of VR program participants VR services provided Employment and earnings from state UI program records Conducts longitudinal analyses with up to 3 years of pre-VR employment data and at least 5 years of post-application data Employs state-of-the-science statistical controls to ensure that the outcomes are the result of VR rather than other factors 7
Outcomes Estimates employment & earnings impacts at the individual level Examines the impact of specific types of VR services on participants employment and earnings Examines the impact of VR on employment and earnings for individuals with different kinds of disabling conditions Estimates quarterly and annual rates of return (ROR) for specific populations as well as agency-wide 8
But wait Theres more! Can lead to rich discussion/exploration relative to clarifying observed trends: Trends that are state specific Observations potentially related to unmet needs Relations between service systems Are services meeting needs beyond employment? 9
Our Experiences with Knowledge Translation and ROI --What is the Formula ? 10
Project Goals Goal 1: Update Data Goal 2: Measures of Service Intensity Goal 3: Simplified VR-ROI Model Goal 4: Knowledge Translation 12
Project Knowledge Translation Website vrroi.org 13
This All Sounds Pretty Academic How does this relate to my role on the SRC or as a Stakeholder? 14
Sounds Very SRC/Stakeholder Related Evaluate the effectiveness of the vocational rehabilitation program and reports on this effectiveness in State Plan with input from Stakeholders Prepare and submit and annual report Conducts a review and analysis of effectiveness and consumer satisfaction with VR functions, services, and employment outcomes 15
Thank You! GW Center for Rehabilitation Counseling Research and Education Maureen McGuire-Kuletz 202-994-9428 mkuletz@gwu.edu John C. Walsh 267-961-3148 jcwalsh@gwu.edu 16
