HEALTH ECONOMIC EVALUATION COMPARING IV IRON FERRIC CARBOXYMALTOSE, IRON SUCROSE AND BLOOD TRANSFUSION FOR TREATMENT OF PATIENTS WITH IRON DEFICIENCY ANEMIA (IDA) IN SINGAPORE
Author(s)
Ong DE1, Hadi F2, Stevens V2
1National University Hospital Singapore, Singapore, Singapore, 2Vifor Pharma Asia Pacific, Singapore, Singapore
OBJECTIVES: Iron deficiency (ID) and iron deficiency anaemia (IDA) are serious co-morbidities that arise in several clinical situations and have significant health impacts. It amplifies underlying chronic conditions increasing the risk of hospitalisations, cost of the disease management and increase risk of mortality. Oral iron is mostly the first line treatment for iron deficiency, however it sometimes cannot be tolerated due to its side effects, responds relatively slowly, or cannot be used in certain chronic conditions. Intravenous iron demonstrated the trends to reduce transfusion needs, lower mortality risk, and shorter hospital stay. [1] [2] [3] The objective of the study was to estimate the direct healthcare costs of available intravenous iron in Singapore; ferric carboxymaltose (FCM), iron sucrose (IS) and blood transfusion for patients with IDA in Singapore. The assessment was made from the third party perspective represented by the Department of Medicine, National University Hospital Singapore. METHODS: A cost-minimisation analysis compared 1000mg FCM (1 visit, 15 minutes per visit) versus IS (5 visits, 60 minutes per visit) versus the current practice of 2 units of blood transfusion followed by oral administration for 3-6 months. The cost was based on the average daily hospitalisation costs from the institution. RESULTS: The utilisation of FCM increased administration efficiency and optimised healthcare resources by reducing the number of consultation visits, time to administer 1000mg of iron, and the average amount required to correct IDA. Administering the most cost-efficient option was estimated to save the healthcare system SGD1022 per patient (FCM vs blood transfusion). CONCLUSIONS: A single dose of 1,000mg FCM is more cost-efficient than IS, blood transfusion only, and blood transfusion combined with oral iron for the treatment of IDA in Singapore.
Conference/Value in Health Info
2014-09, ISPOR Asia Pacific 2014, Beijing, China
Value in Health, Vol. 17, No. 7 (November 2014)
Code
PSY5
Topic
Economic Evaluation
Topic Subcategory
Cost-comparison, Effectiveness, Utility, Benefit Analysis
Disease
Gastrointestinal Disorders, Multiple Diseases, Systemic Disorders/Conditions