Whereas the financial efficacy of assessment has been well documented in in
dustrial/organizational settings. there is no comparable literature within
the field of clinical assessment. This has become a significant issue due t
o the increasing cost-consciousness of managed health care organizations. A
rational means of increasing the financial efficacy of assessment is outli
ned. which includes the following. (a) focus on domains most relevant to tr
eatment planning and outcome; (b) use formal assessment for risk management
: (c) target problems most likely to result in cost savings (i.e.. dissocia
tion, somatization, panic): (d) increase the use of computer assisted asses
sment: (e) use time-efficient instruments: (f) more closely link assessment
, feedback. and therapy: and (g) integrate treatment planning, monitoring p
rogress, and evaluating outcome. Issues and strategies for developing a res
earch program include clearly defining what should be considered a cost, en
umerating possible outcome variables, optimal follow-up lime frame, selecti
on of instruments, and the function of assessment. (C) 1999 John Wiley & So
ns. Inc.