Clinical trial NCT02723318: The Impact of Family Financial Support on Cognition
Official title: The Impact of Family Financial Support on Cognition
Study type: INTERVENTIONAL
Overall status: COMPLETED
Phase: NA
Conditions: Impaired Cognition
Keywords: Cognition
Financial Coaching
Social Determinants of Health
Socioeconomic Status
Lead sponsor: University of California, Los Angeles
Sponsor class: OTHER
First posted: 2016-03-30
Enrollment: 150
Sex: ALL
Standard ages: CHILD
ADULT
OLDER_ADULT
Accepts healthy volunteers: yes
Allocation: RANDOMIZED
Intervention model: PARALLEL
Primary purpose: HEALTH_SERVICES_RESEARCH

Brief summary: The investigators have partnered with financial coaching organizations to establish what the investigators have termed a "Medical-Financial Partnership (MFP)" that offers financial coaching to improve financial and mental health. The investigators will evaluate the MFP's impact on cognition using the Patient Reported Outcomes Measurement Information System (PROMIS) Cognition Short form 8a.

Detailed description: Financial coaching is a new tool in the field of community development, but it has already demonstrated significant financial impact in a number of studies, including one randomized trial conducted by the Urban Institute. Financial coaching improves participant financial literacy, budgeting, saving for financial emergencies, and debt level. The investigators' project will help clinicians and the field of community economic development understand health and well-being through a new economic lens and assess the health-related impacts of the emerging field of financial coaching. The investigators have partnered with financial coaching organizations to establish what they have termed a "Medical-Financial Partnership (MFP)" that offers financial coaching to improve financial and mental health. The investigators will evaluate the MFP's impact on cognition using the Patient Reported Outcomes Measurement Information System (PROMIS) Cognitive Abilities Short Form.

Community-based participants will be recruited from South Los Angeles and randomized to receive either monthly financial coaching plus access to referral for social services (intervention) or access to referral for social services alone (control). Inclusion criteria include having dependents under age 18, having some form of income, and having a tax identification number (social security number or Individual tax identification number). Participants will be surveyed quarterly regarding their cognition using the PROMIS Cognitive Abilities Short Form 8-item survey.

Eligibility criteria: Inclusion Criteria:

* Participants will be included if they are caregivers/parents of one or more dependents, have some form of income, and have a tax identification number.

Exclusion Criteria:

* Inability to take part in financial coaching due to disability or primary language other than English or Spanish.

Primary outcomes:
measure: Cognition
timeFrame: Up to one year (if possible)
Secondary outcomes:
Other outcomes:
Locations:
city: Los Angeles
country: United States
facility: LIFT-LA
state: California
Study officials:
affiliation: University of California, Los Angeles
name: Adam Schickedanz, MD
role: PRINCIPAL_INVESTIGATOR
References: