Overview
The following studies from the UAMS Department of Family and Preventive Medicine, Research and Evaluation Division (DFPM-RED) examine the financial landscape of early childhood care and education providers in the state of Arkansas.
Taken together, these reports can be used to support the growth of high-quality early childhood care and education across the state.
Cost Modeling: Estimating Providers’ Costs
Cost estimation models incorporate both data and assumptions to model what expected costs to operate an early childhood care and education program. The linked reports below focus on the creation of Arkansas’s cost models, which were used to estimate the appropriateness of subsidy reimbursement rates, and projections of future program costs associated with minimum wage increases occurring in the state.
Full Report, 2019-2021 Cost Projections for increases to the Minimum Wage
Market Price Analysis: What Providers Charge
A market price study is an examination of fees that early childhood care and education providers typically charge in the priced market. The linked reports below details the price of care in Arkansas.