A Cost-Comparative Analysis of Outpatient Use of Intravenous Ferric Carboxymaltose Versus Intravenous Iron Sucrose in a Major Tertiary Care Hospital in Saudi Arabia

Author(s)

Alzahrani S1, Almeziny M2, Narang A3, Mohamed O4
1Prince Sultan Military Medical City, Dubai, United Arab Emirates, 2Prince Sultan Military Medical City, Riyadh, Saudi Arabia, 3IQVIA, Delhi, DL, India, 4IQVIA, Dubai, United Arab Emirates

BACKGROUND: Intravenous iron therapy is advantageous in case of intolerance to oral iron or blood loss. Several intravenous iron substitutes are available (ferric carboxymaltose [F-Rx], iron sucrose [F-Sx] and iron isomaltoside) with varying prices, infusion rates and safety profiles. F-Rx was approved in Prince Sultan Military Medical City (PSMMC) for only the ambulatory treatment of iron-deficiency anemia while, F-Sx has no such restrictions.

OBJECTIVES: This study aimed to compare the cost of outpatient intravenous F-Rx versus intravenous F-Sx for iron-deficiency anemia in a major tertiary hospital in the Kingdom of Saudi Arabia.

METHODS: This retrospective analysis included all patients with iron-deficiency anemia, treated with F-Rx in outpatient setting at PSMMC from January 1, 2019 to December 31, 2019. The healthcare costs of F-Rx and F-Sx were compared. The cost parameters included medication, nursing staff, equipment, patient transportation and loss of productivity.

RESULTS: A total of 993 patients with iron-deficiency anemia received F-Rx in outpatient setting in 1,688 visits, of which 90.2% (n=1,522) were female patient visits. To administer a complete iron dose, a patient required 4.4 visits for F-Sx compared to a single visit for F-Rx. The total cost per visit per male/female patient treated with F-Rx and F-Sx were SAR 1017.5/SAR 831.3 and SAR 398.9/SAR212.6, respectively. In comparison to F-Sx, F-Rx was associated with total cost saving of 42.0% and 11.1% per male and female patient per course of treatment, respectively. The overall annual cost for F-Rx was SAR 1,434,092.5, a 16.4% (SAR 281,207.2) reduction of that of F-Sx (SAR 1,715,299.7).

CONCLUSIONS: The cost-comparative analysis results indicate F-Rx has higher cost-saving benefits than F-Sx for hospitals, healthcare providers and patients along with reduced frequency of hospital visits. In the present COVID-19 scenario, fewer hospital visits benefit both the patient to reduce COVID-19 exposure and the hospital to free up capacity.

Conference/Value in Health Info

2021-05, ISPOR 2021, Montreal, Canada

Value in Health, Volume 24, Issue 5, S1 (May 2021)

Code

PDG11

Topic

Economic Evaluation, Health Service Delivery & Process of Care, Methodological & Statistical Research

Topic Subcategory

Hospital and Clinical Practices, PRO & Related Methods

Disease

Drugs

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