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  7. Arkansas Early Childhood Care & Education Financing: Cost Modeling & Market Price Analysis

Arkansas Early Childhood Care & Education Financing: Cost Modeling & Market Price Analysis

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.

Cover of Making Quality Ends Meet_Modeling AR Min Wage Increases_2019-2021 with Link

Full Report, 2019-2021 Cost Projections for increases to the Minimum Wage

Full Report, 2014 Model Development

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.

Cover of 2019 Arkansas Child Care Market Price Study with Link

Full Report, 2019

Full Report, 2015

 

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