14 research outputs found

    Cost-effectiveness of dabigatran etexilate for the prevention of stroke and systemic embolism in UK patients with atrial fibrillation

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    Objective To assess the cost-effectiveness of dabigatran etexilate, a new oral anticoagulant, versus warfarin and other alternatives for the prevention of stroke and systemic embolism in UK patients with atrial fibrillation (AF). Methods A Markov model estimated the cost-effectiveness of dabigatran etexilate versus warfarin, aspirin or no therapy. Two patient cohorts with AF (starting age of <80 and ≥80 years) were considered separately, in line with the UK labelled indication. Modelled outcomes over a lifetime horizon included clinical events, quality-adjusted life years (QALYs), total costs and incremental cost-effectiveness ratios (ICERs). Results Patients treated with dabigatran etexilate experienced fewer ischaemic strokes (3.74 dabigatran etexilate vs 3.97 warfarin) and fewer combined intracranial haemorrhages and haemorrhagic strokes (0.43 dabigatran etexilate vs 0.99 warfarin) per 100 patient-years. Larger differences were observed comparing dabigatran etexilate with aspirin or no therapy. For patients initiating treatment at ages <80 and ≥80 years, the ICERs for dabigatran etexilate were £4831 and £7090/QALY gained versus warfarin with a probability of cost-effectiveness at £20 000/QALY gained of 98% and 63%, respectively. For the patient cohort starting treatment at ages <80 years, the ICER versus aspirin was £3457/QALY gained and dabigatran etexilate was dominant (ie, was less costly and more effective) compared with no therapy. These results were robust in sensitivity analyses. Conclusions This economic evaluation suggests that the use of dabigatran etexilate as a first-line treatment for the prevention of stroke and systemic embolism is likely to be cost-effective in eligible UK patients with AF

    Budget impact of adding ivabradine to standard of care in patients with chronic systolic heart failure in the United States

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    BACKGROUND: Heart failure (HF) costs 21billionannuallyindirecthealthcarecosts,80OBJECTIVE:ToestimatethebudgetimpactofivabradinefromaU.S.commercialpayerperspective.METHODS:Abudgetimpactmodelestimatedtheper−member−permonth(PMPM)impactofintroducingivabradinetoexistingformulariesbycomparingareferencescenario(SoC)andanewdrugscenario(ivabradine+SoC)inhypothetical1million−membercommercialandMedicareAdvantageplans.Inbothscenarios,U.S.claimsdatawereusedforthereferencecumulativeannualratesofhospitalizations(HF,non−HFcardiovascular[CV],andnon−CV),andhospitalizationrateswereadjustedusingSHIFTdata.ThemodelcontrolledformortalityriskusingSHIFTandU.S.lifetabledata,andhospitalizationcostswereobtainedfromU.S.claimsdata:HF−related=21 billion annually in direct health care costs, 80% of which is directly attributable to hospitalizations. The SHIFT clinical study demonstrated that ivabradine plus standard of care (SoC) reduced HF-related and all-cause hospitalizations compared with SoC alone. OBJECTIVE: To estimate the budget impact of ivabradine from a U.S. commercial payer perspective. METHODS: A budget impact model estimated the per-member-per month (PMPM) impact of introducing ivabradine to existing formularies by comparing a reference scenario (SoC) and a new drug scenario (ivabradine + SoC) in hypothetical 1 million-member commercial and Medicare Advantage plans. In both scenarios, U.S. claims data were used for the reference cumulative annual rates of hospitalizations (HF, non-HF cardiovascular [CV], and non-CV), and hospitalization rates were adjusted using SHIFT data. The model controlled for mortality risk using SHIFT and U.S. life table data, and hospitalization costs were obtained from U.S. claims data: HF-related = 37,507; non-HF CV = 28,951;andnon−CV=28,951; and non-CV = 17,904. The annualized wholesale acquisition cost of ivabradine was 4,500,withbaselineuseforthisnewdrugat2RESULTS:BasedontheapprovedU.S.indication,approximately2,000commerciallyinsuredpatientsfroma1million−membercommercialplanwereeligibletoreceiveivabradine.IvabradineresultedinaPMPMcostsavingsof4,500, with baseline use for this new drug at 2%, increasing 2% per year. RESULTS: Based on the approved U.S. indication, approximately 2,000 commercially insured patients from a 1 million-member commercial plan were eligible to receive ivabradine. Ivabradine resulted in a PMPM cost savings of 0.01 and 0.04inyears1and3ofthecoremodel,respectively.Afterincludingtheacquisitionpriceforivabradine,themodelshowedadecreaseintotalcostsinthecommercial(0.04 in years 1 and 3 of the core model, respectively. After including the acquisition price for ivabradine, the model showed a decrease in total costs in the commercial (991,256 and 474,499,respectively)andMedicarepopulations(474,499, respectively) and Medicare populations (13,849,262 and 4,280,291,respectively)inyear1.Thisdecreasewasdrivenbyivabradine’sreductioninhospitalizationrates.Forthecoremodel,theestimatedpharmacy−onlyPMPMinyear1was4,280,291, respectively) in year 1. This decrease was driven by ivabradine’s reduction in hospitalization rates. For the core model, the estimated pharmacy-only PMPM in year 1 was 0.01 for the commercial population and $0.24 for the Medicare Advantage population. CONCLUSIONS: Adding ivabradine to SoC led to lower average annual treatment costs. The negative PMPM budget impact indicates that ivabradine is an affordable option for U.S. payers

    Globally and Locally Minimal Weight Spanning Tree Networks

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    The competition between local and global driving forces is significant in a wide variety of naturally occurring branched networks. We have investigated the impact of a global minimization criterion versus a local one on the structure of spanning trees. To do so, we consider two spanning tree structures - the generalized minimal spanning tree (GMST) defined by Dror et al. [1] and an analogous structure based on the invasion percolation network, which we term the generalized invasive spanning tree or GIST. In general, these two structures represent extremes of global and local optimality, respectively. Structural characteristics are compared between the GMST and GIST for a fixed lattice. In addition, we demonstrate a method for creating a series of structures which enable one to span the range between these two extremes. Two structural characterizations, the occupied edge density (i.e., the fraction of edges in the graph that are included in the tree) and the tortuosity of the arcs in the trees, are shown to correlate well with the degree to which an intermediate structure resembles the GMST or GIST. Both characterizations are straightforward to determine from an image and are potentially useful tools in the analysis of the formation of network structures.Comment: 23 pages, 5 figures, 2 tables, typographical error correcte

    Financial impact of ivabradine on reducing heart failure penalties under the Hospital Readmission Reduction Program

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    Objective: The introduction of the Hospital Readmission Reduction Program (HRRP) has led to renewed interest in developing strategies to reduce 30 day readmissions among patients with heart failure (HF). In this study, a model was developed to investigate whether the addition of ivabradine to a standard-of-care (SoC) treatment regimen for patients with HF would reduce HRRP penalties incurred by a hypothetical hospital with excess 30 day readmissions. Research design: A model using a Monte Carlo simulation framework was developed. Model inputs included national hospital characteristics, hospital-specific characteristics, and the ivabradine treatment effect as quantified by a post hoc analysis of the Systolic Heart failure treatment with the If inhibitor ivabradine Trial (SHIFT). Results: The model computed an 83% reduction in HF readmission penalty payments in a hypothetical hospital with a readmission rate of 22.95% (excess readmission ratio = 1.056 over the national average readmission rate of 21.73%), translating into net savings of $44,016. A sensitivity analysis indicated that the readmission penalty is affected by the specific characteristics of the hospital, including the readmission rate, size of the ivabradine-eligible population, and ivabradine utilization. Conclusions: The results of this study indicate that the addition of ivabradine to an SoC treatment regimen for patients with HF may lead to a reduction in the penalties incurred by hospitals under the HRRP. This highlights the role ivabradine can play as part of a wider effort to optimize the care of patients with HF

    Budget impact of adding ivabradine to standard of care in patients with chronic systolic heart failure in the United States

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    BACKGROUND: Heart failure (HF) costs 21billionannuallyindirecthealthcarecosts,80OBJECTIVE:ToestimatethebudgetimpactofivabradinefromaU.S.commercialpayerperspective.METHODS:Abudgetimpactmodelestimatedtheper−member−permonth(PMPM)impactofintroducingivabradinetoexistingformulariesbycomparingareferencescenario(SoC)andanewdrugscenario(ivabradine+SoC)inhypothetical1million−membercommercialandMedicareAdvantageplans.Inbothscenarios,U.S.claimsdatawereusedforthereferencecumulativeannualratesofhospitalizations(HF,non−HFcardiovascular[CV],andnon−CV),andhospitalizationrateswereadjustedusingSHIFTdata.ThemodelcontrolledformortalityriskusingSHIFTandU.S.lifetabledata,andhospitalizationcostswereobtainedfromU.S.claimsdata:HF−related=21 billion annually in direct health care costs, 80% of which is directly attributable to hospitalizations. The SHIFT clinical study demonstrated that ivabradine plus standard of care (SoC) reduced HF-related and all-cause hospitalizations compared with SoC alone. OBJECTIVE: To estimate the budget impact of ivabradine from a U.S. commercial payer perspective. METHODS: A budget impact model estimated the per-member-per month (PMPM) impact of introducing ivabradine to existing formularies by comparing a reference scenario (SoC) and a new drug scenario (ivabradine + SoC) in hypothetical 1 million-member commercial and Medicare Advantage plans. In both scenarios, U.S. claims data were used for the reference cumulative annual rates of hospitalizations (HF, non-HF cardiovascular [CV], and non-CV), and hospitalization rates were adjusted using SHIFT data. The model controlled for mortality risk using SHIFT and U.S. life table data, and hospitalization costs were obtained from U.S. claims data: HF-related = 37,507; non-HF CV = 28,951;andnon−CV=28,951; and non-CV = 17,904. The annualized wholesale acquisition cost of ivabradine was 4,500,withbaselineuseforthisnewdrugat2RESULTS:BasedontheapprovedU.S.indication,approximately2,000commerciallyinsuredpatientsfroma1million−membercommercialplanwereeligibletoreceiveivabradine.IvabradineresultedinaPMPMcostsavingsof4,500, with baseline use for this new drug at 2%, increasing 2% per year. RESULTS: Based on the approved U.S. indication, approximately 2,000 commercially insured patients from a 1 million-member commercial plan were eligible to receive ivabradine. Ivabradine resulted in a PMPM cost savings of 0.01 and 0.04inyears1and3ofthecoremodel,respectively.Afterincludingtheacquisitionpriceforivabradine,themodelshowedadecreaseintotalcostsinthecommercial(0.04 in years 1 and 3 of the core model, respectively. After including the acquisition price for ivabradine, the model showed a decrease in total costs in the commercial (991,256 and 474,499,respectively)andMedicarepopulations(474,499, respectively) and Medicare populations (13,849,262 and 4,280,291,respectively)inyear1.Thisdecreasewasdrivenbyivabradine’sreductioninhospitalizationrates.Forthecoremodel,theestimatedpharmacy−onlyPMPMinyear1was4,280,291, respectively) in year 1. This decrease was driven by ivabradine’s reduction in hospitalization rates. For the core model, the estimated pharmacy-only PMPM in year 1 was 0.01 for the commercial population and $0.24 for the Medicare Advantage population. CONCLUSIONS: Adding ivabradine to SoC led to lower average annual treatment costs. The negative PMPM budget impact indicates that ivabradine is an affordable option for U.S. payers

    Cost-effectiveness of empagliflozin versus canagliflozin, dapagliflozin, or standard of care in patients with type 2 diabetes and established cardiovascular disease

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    Introduction Empagliflozin, a sodium-glucose co-transporter-2 (SGLT-2) inhibitor, is approved in the USA to reduce risk of cardiovascular (CV) death in adults with type 2 diabetes mellitus (T2DM) and established CV disease, based on EMPA-REG OUTCOME (Empagliflozin Cardiovascular Outcome Event Trial in Type 2 Diabetes Mellitus Patients) trial results. Empagliflozin reduced major adverse CV event (MACE) by 14%, CV death by 38%, and hospitalization for heart failure (HHF) by 35% vs placebo, each on top of standard of care (SoC). SGLT-2 inhibitors canagliflozin and dapagliflozin have also been compared with placebo, all on top of SoC, in CV outcome trials. In the CANVAS (Canagliflozin Cardiovascular Assessment Study) Program, canagliflozin reduced MACE by 14% and HHF by 33%. Dapagliflozin reduced HHF by 27% in the DECLARE-TIMI 58 trial (Multicenter Trial to Evaluate the Effect of Dapagliflozin on the Incidence of Cardiovascular Events). This analysis estimated the cost-effectiveness of empagliflozin versus canagliflozin, dapagliflozin, or SoC, in US adults with T2DM and established CV disease.Research design and methods Individual patient-level discrete-event simulation was conducted to predict time-to-event for CV and renal outcomes, and specific adverse events over patients’ lifetimes. Occurrence of events in EMPA-REG OUTCOME was estimated based on event-free survival curves with time-dependent covariates. An HR for canagliflozin or dapagliflozin versus empagliflozin on each clinical event was estimated from published CANVAS, DECLARE-TIMI 58, and EMPA-REG OUTCOME data using indirect treatment comparison. Public sources provided US costs and utilities.Results The model predicted longer survival for empagliflozin versus canagliflozin, dapagliflozin, and SoC mainly due to direct reduction in CV death. Empagliflozin dominated canagliflozin, yielding more quality-adjusted life years (QALYs; 0.38) at a lower cost (−US306).ComparedwithdapagliflozinandSoC,empagliflozinyielded0.50and0.84incrementalQALYsatUS306). Compared with dapagliflozin and SoC, empagliflozin yielded 0.50 and 0.84 incremental QALYs at US1517 and US27 539incrementalcosts,yieldingincrementalcost−effectivenessratiosofUS27 539 incremental costs, yielding incremental cost-effectiveness ratios of US3054/QALY and US$32 848/QALY, respectively.Conclusions Empagliflozin was projected to dominate canagliflozin and be highly cost-effective compared with dapagliflozin and SoC using US healthcare costs

    Economic evaluation of betibeglogene autotemcel (Beti-cel) gene addition therapy in transfusion-dependent β-thalassemia

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    Background: Standard of care (SoC) for transfusion-dependent β-thalassemia (TDT) requires lifelong, regular blood transfusions as well as chelation to reduce iron accumulation. Objective: This study investigates the cost-effectiveness of betibeglogene autotemcel (‘beti-cel’; LentiGlobin for β-thalassemia) one-time, gene addition therapy compared to lifelong SoC for TDT. Study design: Microsimulation model simulated the lifetime course of TDT based on a causal sequence in which transfusion requirements determine tissue iron levels, which in turn determine risk of iron overload complications that increase mortality. Clinical trial data informed beti-cel clinical parameters; effects of SoC on iron levels came from real-world studies; iron overload complication rates and mortality were based on published literature. Setting: USA; commercial payer perspective Participants: TDT patients age 2–50 Interventions: Beti-cel is compared to SoC. Main outcome measure: Incremental cost-effectiveness ratio (ICER) utilizing quality-adjusted life-years (QALYs) Results: The model predicts beti-cel adds 3.8 discounted life years (LYs) or 6.9 QALYs versus SoC. Discounted lifetime costs were 2.28 Mforbeti−cel(2.28 M for beti-cel (572,107 if excluding beti-cel cost) and 2.04 MforSoC,witharesultingICERof2.04 M for SoC, with a resulting ICER of 34,833 per QALY gained. Conclusion: Beti-cel is cost-effective for TDT patients compared to SoC. This is due to longer survival and cost offset of lifelong SoC
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