The Cost-Effectiveness of I-Factor Compared to Local Autograft in Anterior Cervical Discectomy and Fusion Surgery
Author(s)
Ament J1, Thaci B2, Yee R3, Kim K2, Johnson JP4
1Neurosurgery & Spine Group, West Hills, CA, USA, 2University of California Davis, Sacramento, CA, USA, 3Center for Disease Control, Washington, CA, USA, 4Cedars Sinai Medical Center, Los Angeles, CA, USA
OBJECTIVES Given the increased attention to functional improvement in spine surgery as it relates to activities of daily living and cost, it is critical to fully understand the numerous bone graft options available. The purpose of this analysis was to comprehensively evaluate the cost-effectiveness of i-FACTOR Bone Graft compared to local autograft in anterior cervical discectomy and fusion (ACDF). METHODS The study patient population was extracted from a multi-center randomized controlled trial (RCT). Analysis was conducted in accordance with the Second Panel on Cost-Effectiveness Health and Medicine. Health-related utility was expressed in quality-adjusted life years (QALYs). The base case analysis utilized SF-36 data from the RCT. Both cost and QALY outcomes were discounted at a yearly rate of 3% to reflect their present value. A cohort Markov model was constructed to analyze peri- and post-operative costs and QALYs for both i-FACTOR and control groups. Cost-effectiveness was calculated as the incremental cost-effectiveness ratio (ICER). Scenario, probabilistic, and threshold sensitivity analyses were conducted to determine model discrimination and calibration. RESULTS The primary time horizon used to estimate cost and health utility was 2-years following index surgery. From a health system perspective, assuming a 50:50 split between Medicare and Private payers, the i-FACTOR cohort is cost-effective at 1-year post-operatively (21,983 $/QALY) compared to control. At 2-years and beyond, i-FACTOR becomes dominant, irrespective of payer mix and surgical setting. At willingness-to-pay (WTP) thresholds of $50,000-100,000/QALY, ~66% to ~75% of all 5,000 input parameter simulations favor P-15. While testing thresholds, the most conservative estimate limits the P-15 cost to $1,877, representing a 278% increase from its current rate. CONCLUSIONS The novel bone enhancing biologic i-FACTOR is not only cost-effective but may represent a dominant economic strategy, affording greater benefit at lower cost compared to the current standard of care.
Conference/Value in Health Info
2020-09, ISPOR Asia Pacific 2020, Seoul, South Korea
Value in Health Regional, Volume 22S (September 2020)
Code
PSU13
Topic
Clinical Outcomes, Economic Evaluation, Patient-Centered Research
Topic Subcategory
Comparative Effectiveness or Efficacy, Cost-comparison, Effectiveness, Utility, Benefit Analysis, Health State Utilities, Trial-Based Economic Evaluation
Disease
Biologics and Biosimilars, Drugs, Medical Devices, Neurological Disorders