EVEREST II high risk study based UK cost-effectiveness analysis of MitraClip® in patients with severe mitral regurgitation ineligible for conventional repair/replacement surgery
EVEREST II high risk study based UK cost-effectiveness analysis of MitraClip® in patients with severe mitral regurgitation ineligible for conventional repair/replacement surgery
OBJECTIVES: To evaluate the cost-effectiveness of MitraClip, an interventional procedure for patients with chronic severe mitral regurgitation.
METHODS: A decision analytic model with a lifetime horizon was developed to assess the cost-effectiveness of MitraClip vs conventional medical management in patients with severe mitral regurgitation, ineligible for surgery. The analysis was performed from a UK NHS perspective and the estimates for mortality, adverse events, and cross-sectional NYHA class were obtained from the EVEREST II High Risk Study (HRS). Utility decrements were obtained from a heath technology assessment on Cardiac Resynchronization Therapy, while unit costs were obtained from national databases. The concept model was clinically validated. Costs (2011 £UK) and benefits were discounted at an annual rate of 3.5%.
RESULTS: Compared to medical management, over 2- and 10-year periods MitraClip had incremental Quality Adjusted Life Year (QALY) gains of 0.48 and 2.04, respectively. The Incremental Cost-Effectiveness Ratios for MitraClip at 2 and 10 years are £52,947 and £14,800 per QALY gained. Overall, the model was most sensitive to the choice of time horizon, the discount rate applied to benefits, the starting age of cohort, the utility decrement associated with NYHA II, and cost of the MitraClip procedure. The model was insensitive to changes in all other parameters. MitraClip was also found to be cost-effective, regardless of the modelling approach, and insensitive to the key assumptions of the procedure cost.
STUDY LIMITATIONS: The primary limitation of the analysis is the reliance on aggregate data from a modestly sized non-randomized study with a short-term follow-up period. Aligned to this was the need to extrapolate survival well beyond the study period in order to generate meaningful results. The impact of both of these limitations was explored via extensive sensitivity analyses.
CONCLUSION: Compared to medical management, MitraClip is a cost-effective interventional procedure at conventional threshold values.
Age Factors, Chronic Disease, Cost-Benefit Analysis, Cross-Sectional Studies, Heart Valve Prosthesis/economics, Humans, Markov Chains, Mitral Valve Insufficiency/surgery, Quality-Adjusted Life Years, Severity of Illness Index, Time Factors, United Kingdom
1317-1326
Mealing, Stuart
6cf9f8cf-15f9-4716-8ab5-f94258858b95
Feldman, Ted
c5527acc-2b18-4a0e-9e49-ec88cc515ced
Eaton, James
973854fe-64ca-4f90-ba94-1b118216c7fb
Singh, Moushmi
77bb5db0-c556-4c40-95c9-2b50450f0b5c
Scott, David A
19b5fd34-9974-4ae4-8be0-27a693639e20
Mealing, Stuart
6cf9f8cf-15f9-4716-8ab5-f94258858b95
Feldman, Ted
c5527acc-2b18-4a0e-9e49-ec88cc515ced
Eaton, James
973854fe-64ca-4f90-ba94-1b118216c7fb
Singh, Moushmi
77bb5db0-c556-4c40-95c9-2b50450f0b5c
Scott, David A
19b5fd34-9974-4ae4-8be0-27a693639e20
Mealing, Stuart, Feldman, Ted, Eaton, James, Singh, Moushmi and Scott, David A
(2013)
EVEREST II high risk study based UK cost-effectiveness analysis of MitraClip® in patients with severe mitral regurgitation ineligible for conventional repair/replacement surgery.
Journal of Medical Economics, 16 (11), .
(doi:10.3111/13696998.2013.834823).
Abstract
OBJECTIVES: To evaluate the cost-effectiveness of MitraClip, an interventional procedure for patients with chronic severe mitral regurgitation.
METHODS: A decision analytic model with a lifetime horizon was developed to assess the cost-effectiveness of MitraClip vs conventional medical management in patients with severe mitral regurgitation, ineligible for surgery. The analysis was performed from a UK NHS perspective and the estimates for mortality, adverse events, and cross-sectional NYHA class were obtained from the EVEREST II High Risk Study (HRS). Utility decrements were obtained from a heath technology assessment on Cardiac Resynchronization Therapy, while unit costs were obtained from national databases. The concept model was clinically validated. Costs (2011 £UK) and benefits were discounted at an annual rate of 3.5%.
RESULTS: Compared to medical management, over 2- and 10-year periods MitraClip had incremental Quality Adjusted Life Year (QALY) gains of 0.48 and 2.04, respectively. The Incremental Cost-Effectiveness Ratios for MitraClip at 2 and 10 years are £52,947 and £14,800 per QALY gained. Overall, the model was most sensitive to the choice of time horizon, the discount rate applied to benefits, the starting age of cohort, the utility decrement associated with NYHA II, and cost of the MitraClip procedure. The model was insensitive to changes in all other parameters. MitraClip was also found to be cost-effective, regardless of the modelling approach, and insensitive to the key assumptions of the procedure cost.
STUDY LIMITATIONS: The primary limitation of the analysis is the reliance on aggregate data from a modestly sized non-randomized study with a short-term follow-up period. Aligned to this was the need to extrapolate survival well beyond the study period in order to generate meaningful results. The impact of both of these limitations was explored via extensive sensitivity analyses.
CONCLUSION: Compared to medical management, MitraClip is a cost-effective interventional procedure at conventional threshold values.
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More information
Accepted/In Press date: 12 August 2013
e-pub ahead of print date: 24 September 2013
Keywords:
Age Factors, Chronic Disease, Cost-Benefit Analysis, Cross-Sectional Studies, Heart Valve Prosthesis/economics, Humans, Markov Chains, Mitral Valve Insufficiency/surgery, Quality-Adjusted Life Years, Severity of Illness Index, Time Factors, United Kingdom
Identifiers
Local EPrints ID: 441411
URI: http://eprints.soton.ac.uk/id/eprint/441411
ISSN: 1369-6998
PURE UUID: 7eaaa7b3-b051-485f-917a-dd5e71d08915
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Date deposited: 11 Jun 2020 16:39
Last modified: 17 Mar 2024 04:02
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Contributors
Author:
Stuart Mealing
Author:
Ted Feldman
Author:
James Eaton
Author:
Moushmi Singh
Author:
David A Scott
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