COST-EFFECTIVENESS ANALYSIS OF AN IMPLANTABLE BARORECEPTOR ACTIVATION THERAPY FOR THE TREATMENT OF HEART FAILURE IN THE U.S.
Author(s)
Stojanovic I, Schneider JE
Avalon Health Economics, Morristown, NJ, USA
OBJECTIVES: To assess the cost-effectiveness and long-term clinical performance of an implantable baroreceptor activation therapy (Barostim Neo System) for the treatment of heart failure patients when compared to an optimal medical treatment managment. METHODS: We developed a decision-analytical model with a combination of a decision tree and a lifetime Markov process to evaluate the cost-effectiveness of Barostim Neo System and compare it to a medical therapy. The model assumed a typical U.S. health payer perspective, was based on a hypothetical patient cohort with the reduced ejection fraction (EF) of ≤35% and NYHA class III. Comprehensive literature review provided the input clinical parameters, long-term clinical performance and resource utilization. Cost data were derived from the national inpatient hospital cost database and Medicare reimbursement rates. RESULTS: Barostim Neo generated additional life-years and quality-adjusted life years when compared with continuation of medical management. Barostim Neo was estimated to be cost-effective compared with optimal medical treatment at the willingness-to-pay threshold as established in most developed countries. In the model, Barostim Neo reduced major cardiovascular events, reversed heart failure progression and increased survival. CONCLUSIONS: Barostim Neo may be a cost-effective treatment when compared with an optimal medical management in patients with heart failure and reduced EF.
Conference/Value in Health Info
2018-11, ISPOR Europe 2018, Barcelona, Spain
Value in Health, Vol. 21, S3 (October 2018)
Code
PMD99
Topic
Economic Evaluation
Topic Subcategory
Cost-comparison, Effectiveness, Utility, Benefit Analysis
Disease
Cardiovascular Disorders