The cost of implementing interRAI will vary depending on several factors, including the scale of implementation and the specific needs of the organisation. Here are some key points to consider:
Complexity of Implementation: Large-scale implementations of structured assessment and data collection systems like interRAI can be complex and, therefore, expensive. Costs may include administrative setup, software redesign, training, credentialing, and data acquisition.
Costs Regardless of System: These costs are incurred regardless of whether an organisation chooses interRAI or an alternative solution. Implementing any comprehensive assessment system involves similar setup and training expenses.
Advantages of interRAI: interRAI systems offer some cost advantages, such as assured reliability, availability of training materials, implementation-ready computer code, minimization of duplication, and international compatibility.
Licensing Fees: interRAI products are available under license, similar to terminology systems like SNOMED CT. Royalties are calculated based on the extent of use and are typically paid annually. These fees are likely to be modest compared to the overall implementation cost. Research suggests that systems with formal licensing arrangements and royalties tend to perform better.
As a global organization, interRAI exercises prudent financial management, ensuring efficient resource allocation:
Not-for-Profit Organisation: interRAI is a not-for-profit organisation that relies heavily on the in-kind contributions of interRAI Fellows, who are clinicians and scientists involved in research and development.
Staff and Administrative Costs: interRAI employs staff to respond to enquiries, manage client relationships, maintain system documentation, distribute materials, conduct promotional activities, prepare publications, and handle general administrative tasks.
Meeting Support: Funds are allocated to support meetings, although travel to these meetings is typically self-funded by the Fellows.
No Remuneration for Fellows: Importantly, no Fellows receive any remuneration from interRAI. Their contributions are voluntary.
These points provide an overview of the cost structure and use of royalty income associated with interRAI. If you need more specific information or have any further questions, please Contact Us..