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Investigating the impact of financial concerns on symptoms of depression in UK healthcare workers: data from the UK-REACH nationwide cohort study

Published online by Cambridge University Press:  12 July 2023

Martin McBride
Affiliation:
Department of Psychiatry, Leicester Partnership NHS Trust, UK
Christopher A. Martin
Affiliation:
Department of Respiratory Sciences, University of Leicester, UK; and Department of Infection and HIV Medicine, University Hospitals of Leicester NHS Trust, UK
Lucy Teece
Affiliation:
Biostatistics Research Group, Department of Population Health Sciences, University of Leicester, UK
Patricia Irizar
Affiliation:
Department of Sociology, School of Social Sciences, Faculty of Humanities, University of Manchester, UK
Megan Batson
Affiliation:
Leicester Medical School, University of Leicester, UK
Susie Lagrata
Affiliation:
Queen Square Institute of Neurology and National Hospital for Neurology and Neurosurgery, University College London Hospitals NHS Foundation Trust, UK
Padmasayee Papineni
Affiliation:
Department of Infectious Diseases, Ealing Hospital, London North West University Healthcare NHS Trust, UK
Joshua Nazareth
Affiliation:
Department of Respiratory Sciences, University of Leicester, UK; and Department of Infection and HIV Medicine, University Hospitals of Leicester NHS Trust, UK
Daniel Pan
Affiliation:
Department of Respiratory Sciences, University of Leicester, UK; Department of Infection and HIV Medicine, University Hospitals of Leicester NHS Trust, UK; and Li Ka Shing Institute for Health Information and Discovery, Oxford Big Data Institute, UK
Alison Leary
Affiliation:
Department of Health and Social Care, London South Bank University, UK
Katherine Woolf
Affiliation:
UCL Medical School, University College London, UK
Manish Pareek*
Affiliation:
Department of Respiratory Sciences, University of Leicester, UK; and Department of Infection and HIV Medicine, University Hospitals of Leicester NHS Trust, UK
*
Correspondence: Manish Pareek. Email: manish.pareek@leicester.ac.uk
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Abstract

Background

Exploration of the association between financial concerns and depression in UK healthcare workers (HCWs) is paramount given the current ‘cost of living crisis’, ongoing strike action and recruitment/retention problems in the National Health Service.

Aims

To assess the impact of financial concerns on the risk of depression in HCWs, how these concerns have changed over time and what factors might predict financial concerns.

Method

We used longitudinal survey data from a UK-wide cohort of HCWs to determine whether financial concerns at baseline (December 2020 to March 2021) were associated with depression (measured with the Public Health Questionnaire-2) at follow-up (June to October 2022). We used logistic regression to examine the association between financial concerns and depression, and ordinal logistic regression to establish predictors of developing financial concerns.

Results

A total of 3521 HCWs were included. Those concerned about their financial situation at baseline had higher odds of developing depressive symptoms at follow-up. Financial concerns increased in 43.8% of HCWs and decreased in 9%. Those in nursing, midwifery and other nursing roles had over twice the odds of developing financial concerns compared with those in medical roles.

Conclusions

Financial concerns are increasing in prevalence and predict the later development of depressive symptoms in UK HCWs. Those in nursing, midwifery and other allied nursing roles may have been disproportionately affected. Our results are concerning given the potential effects on sickness absence and staff retention. Policy makers should act to alleviate financial concerns to reduce the impact this may have on a discontent workforce plagued by understaffing.

Information

Type
Paper
Creative Commons
Creative Common License - CCCreative Common License - BY
This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution and reproduction, provided the original article is properly cited.
Copyright
Copyright © The Author(s), 2023. Published by Cambridge University Press on behalf of the Royal College of Psychiatrists
Figure 0

Table 1 Description of the analysed cohort (N = 3521)

Figure 1

Table 2 Univariable analysis of the association between financial concerns and demographic/occupational factors at baseline with meeting depression criteria at follow-up

Figure 2

Fig. 1 Multivariable logistic regression demonstrating the relationship between financial concerns at baseline and meeting depression screening criteria at follow-up, after adjustment for demographics, occupation and baseline depression screening outcome. PHQ-2, Patient Health Questionnaire-2; Ref, reference group for categorical variable.*Included in the 'Allied health professionals' group are healthcare scientists, pharmacists, ambulance workers and those in optical roles. Fig. 1 details the result of a mutivariable logistic regression analysis. Results are displayed as adjusted odds ratios (circles) and 95% confidence intervals (bars). Circles without bars are shown for the reference group of a categorical variable. Odds ratios are mutually adjusted for all variables in the figure.

Figure 3

Table 3 Changes in the proportion of those with financial concerns between baseline and follow-up questionnaires

Figure 4

Table 4 Ordered logistic regression model demonstrating the univariable and multivariable association of demographic and occupational factors with increasing financial concerns at follow-up

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