A B C Cost A Cost B Outcome A Outcome B Cost-effectiveness ratio - - PowerPoint PPT Presentation

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A B C Cost A Cost B Outcome A Outcome B Cost-effectiveness ratio - - PowerPoint PPT Presentation

R ESULTS PRESENTATION O UTLINES Model transparency and validation (lecture 7) Deterministic results Incremental costeffectiveness ratio (ICER) Costeffectiveness plane and Efficiency frontier Deterministic sensitivity analysis


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SLIDE 1

RESULTS PRESENTATION

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SLIDE 2

OUTLINES

139

Model transparency and validation (lecture 7) Deterministic results

  • Incremental cost‐effectiveness ratio (ICER)
  • Cost‐effectiveness plane and Efficiency frontier
  • Deterministic sensitivity analysis

Probabilistic sensitivity analysis (PSA)

  • Presenting simulation on CE plane
  • Cost‐effectiveness acceptability curve (CEAC)
  • Cost‐effectiveness acceptability frontier (CEAF)

Value of Information (VOI) (lecture 6)

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SLIDE 3

EXPECTED RESULTS

140

CostA OutcomeA

A

CostB OutcomeB

B

C

Cost-effectiveness ratio

std i std i

Outcomes Outcomes Cost Cost  

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SLIDE 4

TYPES OF COST EFFECTIVENESS

RATIOS (CERS)

 Average cost-effectiveness ratios (ACERs)

 Dispute about definitions

 Treeage, dividing a therapy’s total costs by its total outcomes  Evaluate cost and outcomes of each intervention against its

baseline option (e.g., “do nothing” or current practice).

 Incremental cost-effectiveness ratios (ICERs)

 Comparison of costs and outcomes among the

alternative options

 When there are only 2 options being evaluated,

the average and incremental cost-effectiveness ratios are the same

141

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SLIDE 5

EXAMPLE: AVERAGE RATIOS AND SIXTH

STOOL GUAIAC TEST

142

# Guaiac test Cost Cases detected Avg cost/case detected *

1 7.75 0.00659469

  • 2

10.77 0.00714424 5,495 3 13.02 0.00719004 8,852 4 14.81 0.00719385 11,783 5 16.31 0.00719417 14,279 6 17.63 0.00719420 16,480

* 

  

1 1

E E C C

i i

 

Source: Neuhauser and Lewicki, NEJM, 1975;293:226‐8.

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SLIDE 6

EXAMPLE: AVERAGE RATIOS AND SIXTH

STOOL GUAIAC TEST

143

# Gua. test Cos t Cases detected ACE R* Inc r. cos t Incr. cases ICER

1 7.75 0.00659469     2 10.77 0.00714424 5,495 3.02 0.00054955 5,495 3 13.02 0.00719004 8,852 2.25 0.00004580 49,127 4 14.81 0.00719385 11,783 1.79 0.00000381 469,816 5 16.31 0.00719417 14,279 1.50 0.00000032 4,687,500 6 17.63 0.00719420 16,480 1.32 0.00000003 44,000,000

* 

  

1 1

E E C C

i i

 

Source: Neuhauser and Lewicki, NEJM, 1975;293:226‐8.

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SLIDE 7

144

Method Cases Detected Cost Incr. cases Incr. cost ICER 1 7 160,733    3 9 166,477 2 5,744 2,872 4 9 194,540 28,063 Dominated (by M3) 2 10 191,959 1 25,482 25,482 FPG 10 231,790 39,831 Dominated (by M2)

Example: Average ratios and screening methods of Type2 DM

Rearrangement

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SLIDE 8

145

Cost‐effectiveness plane

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SLIDE 9

146

Cost‐effectiveness plane and Efficiency frontier

ICER = 2,900

ICER = 25,500

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SLIDE 10

FRONTIER (CHOOSING OPTIMAL OPTIONS)

147

1. Rank options in ascending order of either outcomes or cost 2. Eliminate options that are strongly dominated (i.e. have increased cost and reduced outcomes compared with at least one other alternative) 3. Calculate ICERs for each adjacent pair of outcomes (e.g. between option 1 and 2, 2 and 3, 3 and 4, etc.) 4. Eliminate options that are weakly dominated (i.e. have less effective but higher cost‐effectiveness ratio than the next highest ranked option) 5. Recalculate the ICERs (e.g. between option 2 and 4) 6. Repeat step 4 and 5 if necessary

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SLIDE 11

Six treatment options

 A: Intermittent proton-pump inhibitor (PPI)  B: Maintenance PPI  C: Maintenance H2 receptor antagonists (H2RA)  D: Step-down maintenance prokinetic agent (PA)  E: Step-down maintenance H2RA  F: Step-down maintenance PPI

148

Example: Treatment options for Gastro‐Oesophageal Reflux Disease (GORD)

Source: Goeree et al., PharmacoEconomics, 1999; 16:679‐97.

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SLIDE 12

STEP 1: RANK OPTIONS IN ASCENDING

ORDER OF EITHER OUTCOMES OR COST

149

Strategy 1-year cost per patient ($) Weeks with GORD per patient in 1 year C: Maintenance H2RA 657 10.41 A: Intermittent PPI 678 7.78 E: Step-down maintenance H2RA 748 6.17 D: Step-down maintenance PA 805 12.60 F: Step-down maintenance PPI 955 5.54 B: Maintenance PPI 1093 4.82

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SLIDE 13

STEP 2: ELIMINATE OPTIONS THAT ARE

STRONGLY DOMINATED

150

Strategy 1-year cost per patient ($) Weeks with GORD per patient in 1 year C: Maintenance H2RA 657 10.41 A: Intermittent PPI 678 7.78 E: Step-down maintenance H2RA 748 6.17 D: Step-down maintenance PA 805 12.60 Dominated by C, A, E F: Step-down maintenance PPI 955 5.54 B: Maintenance PPI 1093 4.82

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SLIDE 14

151

Strategy 1-year cost per patient ($) Weeks with GORD per patient in 1 year Incr. cost ($) Weeks averted ICER ($/GORD week averted) C 657 10.41    A 678 7.78 21 2.63 8 E 748 6.17 70 1.61 44 F 955 5.54 207 0.63 329 B 1093 4.82 138 0.72 192

Step 3: Calculate ICERs for each adjacent pair of

  • utcomes
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SLIDE 15

152

Strategy 1-year cost per patient ($) Weeks with GORD per patient in 1 year Incr. cost ($) Weeks averted ICER ($/GORD week averted) C 657 10.41    A 678 7.78 21 2.63 8 E 748 6.17 70 1.61 44 F 955 5.54 207 0.63 329 F has less effective but higher ICER than B B 1093 4.82 138 0.72 192

Step 4: Eliminate options that are weakly dominated

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SLIDE 16

153

Strategy 1-year cost per patient ($) Weeks with GORD per patient in 1 year Incr. cost ($) Weeks averted ICER ($/GORD week averted) C 657 10.41    A 678 7.78 21 2.63 8 E 748 6.17 70 1.61 44 D 805 12.60 dominated F 955 5.54 dominated B 1093 4.82 345 1.35 256

Step 5: Recalculate the ICERs

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SLIDE 17

154

Cost‐effectiveness plane and Efficiency frontier

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SLIDE 18

All models have parameters uncertainty

155

Deterministic sensitivity analysis

  • One‐way, multi‐way

― Showing how results depend on uni‐, multi‐ parameters ― Defensible range should be taken (e.g. SE, 95% CI)

  • Threshold analysis

― Identifying parameter’s value needed in order to change / still do not change the decision

  • Scenario analysis

― Several discrete values (e.g. risk group, acceptance rate, tool’s accuracy) have impact to the outcome, instead of a continuous range

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SLIDE 19

156 Source: Leelahavarong et al. BMC Health Services Research; 2010; 10:209.

One‐way sensitivity analysis

“Tornado diagram” showing the impact of uncertainty on the outcome of a decision model

Percentage change in ICER ranged from -65 to 30 when utility of BT-ICT was varied from 0.3 to 0.9

Point estimate = 80,000

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SLIDE 20

189 81 71 57 189 38 32 24 20 40 60 80 100 120 140 160 180 200 ไม่ต้องฉีดซ้ํา ฉีดซ้ําทุก 20 ป ฉีดซ้ําทุก 15 ป ฉีดซ้ําทุก 10 ป ราคาวัคซีนต่อเข็ม (บาท) กระตุ้น 1 เข็ม กระตุ้น 3 เข็ม

* กรณีให้วัคซีนที่อายุ 15 ปี + คัดกรองทุก 5 ปีแก่สตรีอายุ 30-60 ปี (ความครอบคลุม 70:70) เปรียบเทียบกับ มาตรการพื้นฐานคือคัดกรอง VIA + PAP ทุก 5 ปีแก่สตรีอายุ 30-60 ปี (ความครอบคลุม 80%)

ราคาสูงสุดที่ยอมรับได้ กรณีไม่ต้องการลงทุนเพิ่ม (BREAK EVEN PRICE)

157

ตัวอย่างของการใช้การประเมินทางเศรษฐศาสตร์ในการ ต่อรองราคายาในประเทศไทย กรณีวัคซีน HPV

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SLIDE 21

THRESHOLD ANALYSIS

158

500,000

  • 500,000
  • 5

5

ICER 120,000

3

C Rc=100,000 ฿/LYs

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SLIDE 22

THRESHOLD AT BREAK-EVEN POINT (COST-SAVING)

159

500,000

  • 500,000
  • 5

5

ICER 120,000

3

C Rc = 0 ฿/LYs

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SLIDE 23

160

Threshold analysis

Two‐way threshold analysis Three‐way threshold analysis

Source: Briggs AH, Weinstein MC, Fenwick EAL, et al. Model Parameter Estimation and Uncertainty: A Report of the ISPOR‐SMDM Modeling Good Research Practices Task Force‐6. Value Health 2012;15:835‐842.

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SLIDE 24

FLASHBACK

161

Cost‐Effectiveness Plane and ICERs

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SLIDE 25

THE COST-EFFECTIVENESS PLANE

New treatment More effective New treatment less effective New treatment More costly New treatment less costly

C

New treatment more effective But more costly Existing treatment dominated New treatment dominated New treatment less costly But less effective

162

+ +

  • Not take at all

Take all Trade-off Trade-off

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SLIDE 26

THE COST-EFFECTIVENESS PLANE : ICER

163

500,000

  • 500,000
  • 5

5 4 5

ICER 25,000 ICER 400,000 ICER -200,000 ICER 120,000

3 2 1

ICER -200,000

C

ICER 60,000

6

Rc=100,000 ฿/LYs

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SLIDE 27

THE COST-EFFECTIVENESS PLANE : ICER

164

500,000

  • 500,000
  • 5

5 4 5

ICER 25,000 ICER 400,000 ICER -200,000 ICER 120,000

3 2 1

ICER -200,000

C

ICER 60,000

6

Rc=100,000 ฿/LYs

Accept the technology if ICER < ceiling ratio

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SLIDE 28

VALUE OF CEILING RATIO (RC)

 Willingness to pay for one unit of outcome  Commonly unknown its true value  Depends on social value of health  May have more than one values at the same system!  Useful for producing cost-effectiveness acceptability

curves

165

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SLIDE 29

PRESENTING RESULTS

FROM PROBABILISTIC MODELING

166

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SLIDE 30

Simulation results on cost‐effectiveness plane

167

  • £20,000
  • £10,000

£0 £10,000 £20,000 £30,000 £40,000 £50,000

  • 2
  • 1

1 2 3 4

Incremental life-years Incremental costs

Point estimate

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SLIDE 31
  • £20,000
  • £10,000

£0 £10,000 £20,000 £30,000 £40,000 £50,000

  • 2
  • 1

1 2 3 4

Incremental life-years Incremental costs

Uncertainty on the CE plane: using the decision rule

Source: Briggs A (2004)

RC=£0/LY RC=£/LY RC=£15,000/LY RC=£5,000/LY RC=£30,000/LY RC=£50,000/LY RC=£100,000/LY

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SLIDE 32

Source: Briggs A (2004)

RC=£0/LY 0.05

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SLIDE 33

Source: Briggs A (2004)

RC=£15,000/LY 0.5

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SLIDE 34

Source: Briggs A (2004)

RC=£50,000/LY 0.87

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SLIDE 35

Source: Briggs A (2004)

RC=£/LY 0.92

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SLIDE 36

Source: Briggs A (2004)

80% interval exists RC=£2,000/LY RC=£72,000/LY

Cost‐effectiveness acceptability curves: Confidence intervals

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SLIDE 37

Source: Briggs A (2004)

RC=£/LY 0.92 RC=£50,000/LY 0.87 RC=£15,000/LY 0.5 RC=£5,000/LY 0.15 RC=£0/LY 0.05

Cost‐effectiveness acceptability curves: Confidence surfaces

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SLIDE 38

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 1720.6 1720.7 1720.8 1720.9 1721 1721.1 1721.2 1721.3 1721.4

Cost (Baht) QALYs (years)

3+1 schedule with indirect vaccine effects

No vaccine PCV10 PCV13

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 1720.6 1720.7 1720.8 1720.9 1721 1721.1 1721.2 1721.3 1721.4

Cost (Baht) QALYs (years)

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 1720.6 1720.7 1720.8 1720.9 1721 1721.1 1721.2 1721.3 1721.4

Cost (Baht) QALYs (years)

100,000 105,000 110,000 115,000 120,000 125,000 130,000 135,000 140,000 1720.6 1720.7 1720.8 1720.9 1721 1721.1 1721.2 1721.3 1721.4

Cost (Baht) QALYs (years)

HOW TO DEAL WITH MULTIPLE OPTION?

175

No vaccine PCV 10 PCV 13

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SLIDE 39

SIMULATION RESULTS OF PROVIDING PCV VACCINE, 3+1 SCHEDULE

WITHOUT INDIRECT EFFECTS, SOCIETAL PERSPECTIVE

176

2,000 4,000 6,000 8,000 10,000 12,000 29.19 29.2 29.21 29.22 29.23 29.24 29.25 29.26

Cost (Baht) QALYs (years)

3+1 schedule without indirect vaccine effects

No vaccine PCV10 PCV13

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SLIDE 40

177

Multiple acceptability curves

0.0 0.2 0.4 0.6 0.8 1.0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

Probability of favouring each option Value of ceiling ratio (THB per QALY)

3+1 schedule without indirect vaccine effects

No vaccine PCV10 PCV13

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SLIDE 41

THE NET-BENEFIT STATISTICS

 The CE decision rule: Accept the technology if ICER <

ceiling ratio

 Rearranging:  Comparing:

C

R E C    :     C E R MB N

C

Edited from: Tambour et al, 1998 IJTAHC

178

B B C A A C

C E R C E R AvsB    :

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SLIDE 42

NET-BENEFIT STATISTICS FOR DECISION MAKING

 Calculate net-benefit for each simulation option  Calculate average net-benefit  Optimal option has greatest average net-benefit  No need to worry about positive/negative cost and health

  • utcomes

 Easy to implement

179

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SLIDE 43

COST-EFFECTIVENESS ACCEPTABILITY

FRONTIER

Cost-effectiveness acceptability curve look at

proportion and ignores the magnitude of simulations

In fact, decision should be drawn across the

estimated net-benefits for each simulation = EθNB(θ)

180

Source: Fenwick et al., Health Economics; 2001.

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SLIDE 44

CEAC VS CEAF

181

0.0 0.2 0.4 0.6 0.8 1.0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

Probability of favouring each option Value of ceiling ratio (THB per QALY)

3+1 schedule without indirect vaccine effects

No vaccine PCV10 PCV13

0.0 0.2 0.4 0.6 0.8 1.0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

Probability of favouring each option Value of ceiling ratio (THB per QALY)

3+1 schedule without indirect vaccine effects

No vaccine PCV10 PCV13

0.0 0.2 0.4 0.6 0.8 1.0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

Probability of favouring each option Value of ceiling ratio (THB per QALY)

3+1 schedule with indirect vaccine effects

No vaccine PCV10 PCV13

0.0 0.2 0.4 0.6 0.8 1.0 1,000,000 2,000,000 3,000,000 4,000,000 5,000,000

Probability of favouring each option Value of ceiling ratio (THB per QALY)

3+1 schedule with indirect vaccine effects

No vaccine PCV10 PCV13