A Cost-Effectiveness Analysis of Acrysof IQ Vivity Intraocular Lens (IOL) From Private Health Fund Perspective in Australia

Author(s)

Bala C1, Athanasiov P2, Holland J3, Dhariwal M4, Mills K5, Gupta A6, Rathi H7, O'Boyle D8
1personalEYES Pty Ltd, Sydney, NSW, Australia, 2Eye Surgeons SA, North Adelaide, SA, Australia, 3The Eye Health Centre, Brisbane, QLD, Australia, 4Alcon Vision LLC, Fort Worth, TX, USA, 5Alcon Vision LLC, Ramsey, MN, USA, 6Skyward Analytics Pvt. Ltd., Delhi, DL, India, 7Skyward Analytics Pte. Ltd., Singapore, Singapore, 8Alcon Vision LLC, Sligo, Ireland

OBJECTIVES: AcrySof IQ Vivity is the first and only Extended Depth of Focus (EDoF) intraocular lens (IOL) with the Wavefront-Shaping X-WAVE technology and a clinically proven monofocal visual disturbance profile. This study estimates the cost-effectiveness of AcrySof IQ Vivity IOL vs. standard aspheric monofocal IOL, from a private health fund perspective in Australia.

METHODS: A Markov model was developed using the following health states: well, need for spectacles (near/distance/multifocal), severe visual disturbances – with/without spectacles, and death. Model inputs were sourced from a randomized clinical study (NCT03010254), published literature, and expert opinion. IOL costs (AcrySof IQ Vivity-AU$651, and AcrySof SN60WF- AU$290) were derived from the published prostheses list. A lifetime time horizon (30 years) was considered, and cost and health outcomes were discounted at 5% per annum. Model outcomes included incremental cost-effectiveness ratio (ICER) per quality adjusted life year (QALY) gain. Sensitivity and scenario analyses were also conducted.

RESULTS: Bilateral implantation of AcrySof IQ Vivity IOL provided QALY gain of 0.16 at an incremental lifetime cost of AU$384 vs. monofocal IOL leading to ICER of AU$2,383/QALY, which is well below the cost-effectiveness thresholds (Range: AU$45,000-AU$75,000) typically used by Medical Services Advisory Committee Australia. Results were sensitive to the cost of IOL prosthesis, post-operative spectacle dependence, and disutility due to wearing glasses. The robustness of results was further confirmed by probabilistic sensitivity analysis, and scenario analyses.

CONCLUSIONS: AcrySof IQ Vivity IOL is a highly cost-effective treatment strategy with improved vision-related quality of life outcomes for patients undergoing cataract surgery.

Conference/Value in Health Info

2022-11, ISPOR Europe 2022, Vienna, Austria

Value in Health, Volume 25, Issue 12S (December 2022)

Code

MT11

Topic

Economic Evaluation, Medical Technologies

Topic Subcategory

Cost-comparison, Effectiveness, Utility, Benefit Analysis, Medical Devices

Disease

SDC: Sensory System Disorders (Ear, Eye, Dental, Skin), STA: Medical Devices

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