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Quality of LifeNCT02722005

The Impact of Family Financial Support on Health Related Quality of Life

A study testing Financial Coaching and Access to referral to social services in people with Quality of Life and Socioeconomic Status, run by University of California, Los Angeles at 1 site in United States.

Completed

Finished. The study has ended and is not enrolling. Results may be posted on the official record.

Official record
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Trial 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. Read more about this study

Who is it for?
Any ageHealthy volunteers can take part
Conditions the study is for
Quality of Life, Socioeconomic Status
What is being tested?
Financial Coaching and Access to referral to social services
Could I receive a placebo?
No, everyone receives an active treatment
How many people
150 participants
Where
1 siteUnited States
Study dates
Mar 2016to Oct 2017
Phase
Interventional
Are there results?
None posted in the registry

Key requirements

Who can take part, as listed by the sponsor. Only the study team can confirm whether you are eligible, so take this list to your doctor.

  • Ages Any age
  • All sexes
  • Healthy volunteers accepted
  • Child, Adult, Older adult

Who may be able to join

  • Participants must be caregivers/parents with one or more child dependents, some form of income, and a tax identification number.

Who cannot join

  • Inability to participate in financial coaching due to activity/cognitive limitations or primary language other than English or Spanish.

Trial locations and contacts

1 site in 1 country.

United States1 site
  • LIFT-LA in Affiliation with UCLA

    Los Angeles, California, 90007

Other trials in United States

About this study

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 health related quality of life using the Patient Reported Outcome Measurement Information System (PROMIS) 10 Global Short Form.

Read the 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 health related quality of life using the Patient Reported Outcome Measurement Information System (PROMIS)10 Global 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 health related quality of life using the PROMIS-10 Global Short Form.

Being tested
Financial Coaching, Access to referral to social services
Keywords
Health related quality of life, Financial Coaching, Medical Financial Partnership, Social Determinants of Health, Socioeconomic status

What participants receive

What participants receive. In a randomised study each person is assigned to one group by chance.

  • Financial CoachingBehavioural

    One-to-one financial coaching focused on credit, debt, savings, and income supports.

  • Access to referral to social servicesBehavioural

    Access to referral to a host of social services.

Study groups in NCT02722005
Study groupRoleWhat they receive
Financial Coaching & Access to ServicesExperimentalEnrollment in one-to-one financial coaching intervention to support savings, income, and credit while reducing debt using available tools in the community development field.
Receives: Behavioral: Financial Coaching; Behavioral: Access to referral to social services
Access to ServicesActive comparatorParticipants will have access to a host of referrals to social services (this is the intervention for this group)
Receives: Behavioral: Access to referral to social services

What is being measured

The primary outcome is the main question the study is designed to answer.

  1. Health-Related Quality of Life

    We will assess differences between the groups and over time in terms of health-related quality of life

    Measured: Up to one year (if possible)

Timeline

From the start of the study to its completion; the mark is today. Estimated dates are the sponsor’s plan.

  1. First posted29 Mar 2016 (estimated)
  2. Study startMar 2016
  3. Primary completionOct 2017
  4. Study completionOct 2017

Resources

More details

For doctors and researchers: how the study is designed, who runs it, and its registry IDs.

Study design
Study type
Interventional
Phase
Phase N/A
Primary purpose
Health services research
Allocation
Randomised
Intervention model
Parallel groups
Masking
None (open label)
Enrolment
150 participants (actual)
IDs, dates and publications
ClinicalTrials.gov ID
NCT02722005
Sponsor's protocol ID
UCLASchickedanzFCHRQOL
Status last verified
Oct 2017
First submitted
24 Mar 2016
Last updated
26 Oct 2017
Results posted
No
Data monitoring committee
No
Individual data sharing
No: Participant consents do not include data sharing beyond the study and there exists no appropriate repository for data sharing.

Questions about this trial

What is this clinical trial studying?

A study testing Financial Coaching and Access to referral to social services in people with Quality of Life and Socioeconomic Status, run by University of California, Los Angeles at 1 site in United States.

The full registered description is in the About this study section and the official record.

Who may be eligible to take part?

The sponsor lists 1 inclusion and 1 exclusion criteria. Eligibility is decided by the study team after screening, so read the full criteria and contact a listed site.

Is this clinical trial currently recruiting?

The record says: finished, as of the sponsor's last update on 26 Oct 2017. Status can change between updates, so confirm with the study contact before making plans.

Where is the study taking place?

The record lists 1 site in United States. Whether a site is taking part right now should be confirmed with that site. See every site.

What are the possible benefits and risks?

They depend on the study and the treatment, and no study can promise a benefit. The study team explains the known risks during informed consent, before anyone joins; the record itself does not list them.

Are results available for this study?

The study is completed, but results are not available in the source record. That does not mean the treatment did or did not work.

How can a doctor refer a patient or contact the research team?

The record lists no contact. The official record names the sponsor, who can be asked directly. AzTrials does not enrol participants or take referrals.

What does the primary outcome measure?

Health-Related Quality of Life (time frame: Up to one year (if possible)). It is what the study was designed to measure, not a finding.

Where can I read the original study information?
Does a listing mean the treatment is approved or proven to work?

No. A listing means the study is registered. It does not show that the treatment is safe, works, or is approved by a regulator.

How often is this information updated?

AzTrials copies changed records from ClinicalTrials.gov every night and reloads the whole registry every week. The sponsor last updated this record on 26 Oct 2017.

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