COST-EFFECTIVENESS ANALYSIS OF EXTERNAL LOOPING RECORDING COMPARED TO HOLTER MONITORING FOR SYNCOPE IN COLOMBIA
Author(s)
Orozco JJ1, Shrivastav M2, Vilendrer S2
1Medtronic, Medellin, Colombia, 2Medtronic, Minneapolis, MN, USA
Presentation Documents
OBJECTIVES: Cardiac rhythm diseases related to syncope are of increasing incidence and prevalence worldwide including Colombia. Diagnosing transient arrhythmia is difficult with short term monitoring methods. We sought to compare cost-effectiveness of 24-hours Holter and up to 30 days ELR, each with different diagnostic yield, compliance, and costs in patients with syncope in Colombia. METHODS: An analytical decision tree model was constructed including diagnostic yield, patient compliance, mortality rate, QALYs, associated costs to diagnosis and not having a diagnosis. Third party payer perspective, five year horizon and 3.5% discount rate for utilities and costs were assumed. Patient pathways and model inputs were ascertained from doctor interviews and literature search. Average market prices of US$175 for 24-hours Holter and US$627 for ELR were used. Micro-costing for avoided emergency visits and hospitalizations was done via Colombian key opinion leader interviews and official tariffs for costs of not having a diagnosis along five years. Uncertainty adjustments were done when judged appropriate. Incremental Cost Effectiveness ratio (ICER) was done, incorporating deterministic and probabilistic sensitivity analyses. RESULTS:
Conference/Value in Health Info
2015-05, ISPOR 2015, Philadelphia, PA, USA
Value in Health, Vol. 18, No. 3 (May 2015)
Code
PMD40
Topic
Economic Evaluation
Topic Subcategory
Cost-comparison, Effectiveness, Utility, Benefit Analysis
Disease
Cardiovascular Disorders