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Return On YELP Capex Software means using tailored econometric modelling for the YELP  SPV to measure, using the Return On YELP Capex Formula, the Economic Return On YELP Capex by quantifying the -

i)          changes, which are not limited to, Improved Personal Health And Fitness, Healthy Diet, improved Coping Skills, Cognitive Development, Empowerment Of Adults To Better Control Their Stress Responses, improved Family Unit Cohesion, reduced Recreational Drug Use, Compressing Morbidity and smaller Personal Carbon Footprint, across Abled, Disabled and Disadvantaged; and

ii)         reduction in the Adverse Costs of the Adverse Effects (for the Primary Research Programme) -

  A.         for each of the 50 Volunteers due to the effects of the Hypothesis by incorporating (using e-Research Techniques) suitable questions in the Fifteen Segments within the 4 Hypothesis Test Reports and physical testing by the Research Programme Team; and

  B.         across the 5,200 Interested Adults in the Pilot Sample, from the Array Of Reports For The YELP Pilot & Primary Research Programme using e-Research Techniques;

iii)        Increased Productivity.

Drawing on 3 of the 4 Hypothesis Test Reports from each of the 50 Volunteers, together with 'Starting Measurements' obtained from the Initial Lifestyle Behaviour Evaluation Of Each Volunteer, will enable the Research Programme Team to produce the End Of Primary Research Programme Progress Report.

As explained in Section 18 -

A.         in his former position at Commonwealth Bank, the Business Plan Developer used purpose built Commonwealth Bank econometric models to -

             (i)         rank and quantify 'Credit Default Probability' and 'Loss Upon Default' of 'Borrowers'; and

             (ii)        Return On Capital Employed based on credit rating of the counterparty and any 'Credit Wrapping/Underwriting' of bonds or notes issued by the 'Borrower'.

B.        Executive Health Management uses similar methodology to measure health and ascribe a current biological age. 

C.        Back in 1989, the Business Plan Developer had a VO2 Max physical at Cumberland College but that institution seems to have ceased that service.  

D.        NSWIS contains physiologists which measure and monitor heart rate, oxygen consumption, blood lactate and glucose levels and body temperature.

E.        NHMRC Clinical Trials Centre, University of Sydney, Camperdown, NSW  conducted "Cost-effectiveness of rehabilitation after an acute coronary event: a randomised controlled trial" which utilised  Statistical analysis to measure QOL and Quality-Adjusted Life Years to Estimate a cost-effectiveness ratio applying Sensitivity analysis

F.         Econtech produced "The cost of physical inactivity - Aug 2007" (commissioned by Medibank Private) calculated the gross and net direct health costs of physical inactivity of seven medical conditions (CHD, Breast cancer, Colon cancer, Stroke, Depression, Type 2 Diabetes, Falls).  Econtech's research "....calculated the Population Attributable Risk (PAR) of each condition...." to reveal 17% of the total health cost of treating these seven conditions can be attributed to physical inactivity amongst Australian adults (aged 18-75) – equating to $1.5 billion in direct healthcare costs.

G.        Section 3(l) "Returns on Investment in Public Health - An Epidemiological and Economic Analysis" in which Applied Economics undertook extensive econometric modelling to measure savings due to public health campaigns to address tobacco consumption, childhood immunisation, HIV/AIDS, road trauma and heart disease.

H.        Quality-Adjusted Life Years or QALYs by measuring numbers of years lived, QOL and Compression Of Morbidity during those years, using a sliding scale from zero (death) to one (perfect health).

I.          Transfer To Utility or TTU is a technique for mapping health status onto a utility score to achieve a common metric for comparing the performance of disparate interventions in Australia across modalities and stages of disease in the context of Depression, stroke and Rheumatoid Arthritis.

Return On YELP Capex Software is integral (during the Primary Research Programme within the Pilot) to the YELP  SPV quantifying which Brownfield Infrastructure presently leading a Sedentary Lifestyle that RECs should target in order to get greatest bang for the YELP  SPV's buck. 

Should RECs target Interested Adults from amongst the Abled, Disabled or Disadvantaged who are -

A.)        highly mentally assertive and physically fit which would require minimal Supervision or Referral time; or

B.)        Obese and/or suffering Depression and/or Abusing Recreational Drugs which would require maximum Supervision or Referral time?

Return On YELP Capex Software will break the Abled, Disabled or Disadvantaged into ten or so 'Health Rating Categories' ranging from A.) above at one extreme to B.) above at the other extreme and inter alia measure the Economic Return On YELP Capex based on -

(i)         how many categories intervention of a REA at a LDREG moves each Interested Adult up through the 10 'Health Rating Categories'; and

(ii)        the assessed economic benefit to 'GNP' and reduced health and aged care costs due to the improvement.

A starting point to 'Health Rating Categories' would be to measure physical and mental health and ascribe a current biological age, and a forecast medical costs and tax contributions based on current Lifestyle Behaviour. 

Compilation of the 12 Private Sector Equity Holders where each Private Equity Holder brings Infrastructure expertise to the PPP from 2 Pioneer Fit Old Farts and Section 16 (i) Equity Holders Input................ explains that writing the code for the Return On YELP Capex Software would be the carriage of Pioneer Fit Old Farts from leading Australian Infrastructure, Petroleum and Mining Companies, two Banks and two Accounting Firms because these types of companies employ highly skilled economic modellers exceedingly used to building complex Base Case Financial Models, and specific measurement yardsticks similar to the following used by 'Health' researchers -

*         Transfer To Utility.

Forecast Return On YELP Capex notes that the Discussion Paper cites a recent US study Prevention for a Healthier America that utilised modelling to estimate that for every US$1 invested in "proven community-based disease prevention programs" (ie. increasing physical activity, maintaining a Healthy Diet and reducing smoking levels), the return on investment over and above the $1 per head cost of the program would be US$5.60 within five years.  

Using the Return On YELP Capex Formula the Return On YELP Capex Software will empirically quantify the -

*           effect of the Hypothesis on the 50 Volunteers across Personal Health And Fitness, Coping Skills, Cognitive Development, Family Unit Cohesion, Recreational Drug Use and the Carbon Footprint; and

*           Increased Productivity, decreased Compression Of Morbidity and Contribution To Society from Materially Altered Lifestyle of the 5,200 Pilot Sample,

which feeds into the Base Case Financial Model and is paramount to -

a)         quantifying the Economic Return On YELP Capex to Propagate YELP to achieve the Propagation Forecasts And Targets, and

b)         thereby maximise the value of the Pilot. 

The Primary Research Programme Budget contains a $100,000 provision to develop the Return On YELP Capex Software and the Base Case Financial Model.  Integral to maximising the utility of YELP is the innovation and creativity from modellers from Health & Ageing,  DIISR, and Environment, Heritage and the Arts or Dept of Climate Change and RET and the 12 Private Sector Equity Holders to categorise and quantify the value of 22m Human Brownfield Infrastructure which produces Australia's GDP and incur Negligent Lifestyle Annual Costs which exceeds $155b annually due to Fifteen Problems, largely caused by the Taskforce's Three Public Health Risks, from a Lifestyle Behaviour dominated by Economic Materialism.  The greater the advancements to identifying which sectors of the Target Age Groups for Rigorous and MREAs within the Target Market, the greater the inroads to reducing the >$155b Health Care Costs and Foregone GDP Annually.

Annexure C(ii) identifies that both Federal and State Health Strategic Plans recognise the need to assist Australians lead a healthy lifestyle.  Quantifying the Economic Return On YELP Capex to achieve this is fundamental to measuring the cost-effectiveness of RECs performing the Final Three Stages.

Section 18(a) explains "Forecasting Economic Return On YELP Capex from Propagating YELP to >100,000 Participants across Australia by end-2015"

Further explained in Section 16, in particular Section 16(c),  Preparatory Research Programme,  Primary Research Programme,  Research Programme Team,  Head Consultant and  Interested Parties.

Also referred to in Why YELP is a Business Plan and not solely a Research Programme, and definitions of Health Assessment Appointment, Primary Research Programme Brief,  Head Consultant's Conditions Precedent To The Pilot, Initial Lifestyle Behaviour Evaluation Of Each Volunteer.

See Defined Terms - YELP Jargon, Budgets/Costs, Reports and Software to quantify Economic Return On YELP Capex