Appendage Closure Versus Warfarin for Stroke Prevention in Atrial - - PowerPoint PPT Presentation

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Appendage Closure Versus Warfarin for Stroke Prevention in Atrial - - PowerPoint PPT Presentation

A Cost Benefit Analysis of Left Atrial Appendage Closure Versus Warfarin for Stroke Prevention in Atrial Fibrillation Vivek Y Reddy 1 , Stacey L Amorosi 2 , Shannon Armstrong 3 , Susan S Garfield 3 1 Mt. Sinai School of Medicine, New York, NY,


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SLIDE 1

A Cost Benefit Analysis of Left Atrial Appendage Closure Versus Warfarin for Stroke Prevention in Atrial Fibrillation

Vivek Y Reddy1, Stacey L Amorosi2, Shannon Armstrong3, Susan S Garfield3

1 Mt. Sinai School of Medicine, New York, NY, USA; 2 Boston Scientific, Natick, MA, USA; 3 GfK Bridgehead, Wayland, MA, USA

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SLIDE 2

Financial Disclosures

The authors wish to disclose the following sources of funding: 1. This research was funded by Boston Scientific 2. Stacey L Amorosi is a paid employee of Boston Scientific 3. All other authors are paid consultants to Boston Scientific

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SLIDE 3

Objectives

  • This analysis sought to compare the cost benefit of left

atrial appendage closure (LAAC) to warfarin for stroke prevention in atrial fibrillation (AF)

  • Additionally, it sought to estimate the crossover point at

which the clinical benefits of LAAC relative to warfarin

  • utweigh the upfront procedural costs of LAAC
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SLIDE 4

Background

  • Prevalence of AF in the United

States was estimated to range from 2.7-6.1 million in 20101

  • As many as 12 million Americans

may have AF by 20501

  • AF patients have roughly 5 times

the risk of stroke as non-AF patients2

  • $11 billion is spent annually on the

direct medical costs of stroke in the United States1

1. Go, Alan S. et al. "Heart Disease and Stroke Statistics—2013 Update: A Report From the American Heart Association". Circulation. 2013; 127: e6-e245. 2. Holmes DR, Atrial Fibrillation and Stroke Management: Present and Future, Seminars in Neurology 2010;30:528–536. 3. Mercaldi et al. "Long-Term Costs of Ischemic Stroke and Major Bleeding Events among Medicare Patients with Nonvalvular Atrial Fibrillation". Cardiology Research and Practice. 2012; 2012: article id 645469

$20,604 $32,900 $36,515 $38,712 $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 $35,000 $40,000 $45,000 90 days 1 year 2 years 3 years

Cumulative Per-Patient Cost of Ischemic Stroke (US)3

AF-related stroke is expensive and cost burden will increase as prevalence of AF increases

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SLIDE 5

PROTECT-AF Overview

  • Randomized FDA-IDE Trial

– Can the WATCHMAN device replace Warfarin?

  • Efficacy Endpoint:

– Stroke – CV death (& Unknown) – Systemic embolism

  • Safety Endpoint
  • Non-inferiority & Superiority

– Bayesian Sequential Design – Analysis at 600 pt-yrs & every 150 pt-yrs thereafter  1500 pt-yr – Follow-up till 5 years

Follow-Up Non-Valvular AF CHADs ≥ 1 Randomization (1:2) Warfarin Watchman

Anticoagulation Regimen

  • Implant to 6 weeks

– Warfarin (INR 2-3) for 6 weeks – Aspirin (81 – 325 mg)

  • 6 weeks to 6 months

– Clopidogrel (75 mg) – Aspirin (81 – 325 mg)

  • After 6 months

– Aspirin (81 – 325 mg)

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SLIDE 6

Net Clinical Benefit Analysis

  • DE=Death
  • ICH=Intracranial Hemorrhage
  • TE=Thromboembolism
  • MB=Major Bleeding
  • PEF= Pericardial Tamponade
  • NCB favored WATCHMAN as early as 3 months

post implant in CAP registry

  • In PROTECT AF the NCB shifted from warfarin to

WATCHMAN between 6-9 months post implant

  • 1. Gangireddy SR, Halperin JL, Fuster V, Reddy VY, Percutaneous left atrial appendage closure for stroke prevention in patients with atrial fibrillation: an

assessment of net clinical benefit. Euro Heart J 2012. doi:10.1093/eurheartj/ehs292

Annual NCB by Risk Factor

Risk Factor PROTECT AF CAP Registry All patients 1.73 4.97* Prior stroke /TIA 4.30 8.68* CHADS2 score =1 0.70 2.22* CHADS2 score ≥2 2.00 6.12*

NCB as a Function of Time in PROTECT AF and CAP

*significant

  • Net clinical benefit (NCB) was calculated as the

weighted sum of annualized event rates (difference of warfarin and device)

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SLIDE 7

CBA vs. CEA

Cost Benefit Analysis Cost Effectiveness Analysis Purpose

A method for systematically calculating and comparing benefits and costs of treatment strategies A method for comparing relative costs and

  • utcomes of two or more treatment

strategies

Overview

Costs are assessed against monetized benefits Costs are assessed in terms of clinical

  • utcomes

Clinical Outcomes

The clinical benefit is monetized through willingness-to-pay, human capital, or costs avoided Defined clinically such as life years gained, QALYs gained or events avoided

Output

Net Cost or Net Benefit (Total Incremental Value of Benefits) – (Total Incremental Costs) Incremental Cost Effectiveness Ratio (Incremental Cost)/(Incremental Effectiveness)

Challenge

Difficult to monetize benefits The value of the effectiveness measure is subjective

  • Cost benefit analysis (CBA) and cost effectiveness analysis (CEA) are both

established health economic methodologies, although it is more common to see CEA in the clinical literature

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SLIDE 8

Cost Benefit of Watchman vs. Warfarin

  • A cost benefit model was constructed to estimate the total costs and benefits of LAAC

versus warfarin from a US-payer perspective

  • Clinical probabilities were taken from the PROTECT AF trial at 1065 patient years1,2
  • US DRGs3 were used to assign acute treatment costs and long-term disability costs

were taken from the literature4

  • Value of 1 year of life was varied across a range of published sources5-8, ranging from

$25,000 to $200,000

  • 1. Holmes DR et al, Percutaneous closure of the left atrial appendage versus warfarin therapy for prevention of stroke in patients with atrial fi brillation: a randomised non-inferiority trial, Lancet 2009; 374: 534–42.
  • 2. Reddy VY et al, Safety of Percutaneous Left Atrial Appendage Closure: Results from the Watchman Left Atrial Appendage System for Embolic Protection in Patients With AF (PROTECT AF) Clinical Trial and the

Continued Access Registry, Circulation. 2011;123:417-424. 3. Fiscal Year 2013 Final Rule Tables. Centers for Medicare & Medicaid 2013.www.cms.gov, accessed August 1, 2013.

  • 4. Taylor TN, Davis PH, Torner JC, Holmes J, Meyer JW, Jacobson MF, Lifetime cost of stroke in the United States. Stroke 1996;27:1459-1466. 5. National Institute for Clinical Excellence. Measuring effectiveness and cost

effectiveness: the QALY. National Institute for Clinical Excellence April 2010. 6. Grosse SD, Assessing cost-effectiveness in healthcare: history of the $50,000 per QALY threshold. Expert Rev Pharmacoecon Outcomes Res. 2008 Apr;8(2):165-78. 7. Department of Health and Human Services: Center for Food Safety and Applied Nutrition, Food Labeling; Gluten-free labeling of foods, final regulatory impact analysis. Food and Drug

  • Administration. Docket No. FDA-2005-N-0404. 8. Viscusi, Kip; Joseph E. Aldy (2003). "The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World". J Risk Uncertainty. 27 (1): 5–76.

Source Value

Assumption based on NICE value for 1 year of quality life5 $25,000 Internationally accepted value for 1 year of quality life6 $50,000 Low end of values used in FDA analyses7 $76,000 Results of Meta-Analysis on 3 decades of studies on value of statistical life8 $200,000

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SLIDE 9

Characterizing Costs and Benefits

  • Costs were defined as the incremental cost of treatment and

complications, both procedural and anticoagulant-related complications

  • Benefits were defined as the savings achieved through reduction in

ischemic stroke, systemic embolism and mortality Net Cost Benefit=(cStroke(warf)-cStroke(laac)+vLifeYearsGained)- (cTreatment(laac)+cComplications(laac) -cTreatment(warf)+cComplications(warf))

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SLIDE 10

Clinical Probabilities and Costs

Event Event Probability LAAC Warfarin Cost

COSTS (LAAC-warfarin) Procedural Stroke 0.011 NA $9,302-$17,355 Pericardial Effusion 0.048 NA $1,199.31 Device Embolization 0.006 NA $1,584.45 Procedural Major Bleeding 0.018 NA $6,155.45 Hemorrhagic stroke 0.001 0.016 $4,924-$11,153 Major bleeding 0.014 0.041 $6,155.45 BENEFITS (LAAC- warfarin) Ischemic stroke 0.013 0.016 $9,302-$17,355 Systemic embolism 0.003 0.000 $5,387.23 All-cause mortality (LAAC) 0.030 0.048 Value of Life

  • Clinical probabilities were taken from the PROTECT AF trial of the

Watchman Device compared to warfarin at 1065 patient years1,2

  • 1. Holmes DR et al, Percutaneous closure of the left atrial appendage versus warfarin therapy for prevention of stroke in patients with atrial fi brillation: a randomised non-inferiority trial, Lancet 2009; 374: 534–42
  • 2. Reddy VY et al, Safety of Percutaneous Left Atrial Appendage Closure: Results from the Watchman Left Atrial Appendage System for Embolic Protection in Patients With AF (PROTECT AF) Clinical Trial and the

Continued Access Registry, Circulation. 2011;123:417-424

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SLIDE 11

Results

  • At 5 years, cost benefit varied depending on the value assigned for 1 year
  • f life

$(2,321) $1,051 $6,673 $12,521 $40,406

$(10,000) $- $10,000 $20,000 $30,000 $40,000 $50,000

$10,000 $25,000 $50,000 $76,000 $200,000

Values for 1 Year of Life

Cost Benefit of LAAC Compared to Warfarin at 5 Years by Value of 1 Year of Life

PROTECT AF

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SLIDE 12

Results

  • The costs of LAAC outweigh the benefits in the immediate years following the

procedure

  • This is to be expected since the entirety of treatment costs for LAAC are accrued

in the first year while benefits accrue over time

$0 $10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Cumulative Incremental Costs Cumluative Incremental Benefits at $76,000

Cumulative Net Costs and Benefits of LAAC versus warfarin at $76,000 Value of 1 Year of Life

Benefits are 11%

  • f costs

Benefits are 33 times greater than costs

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SLIDE 13

$(50,000) $- $50,000 $100,000 $150,000 $200,000 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 $25,000 $50,000 $76,000 $200,000 Net Benefit of LAAC compared to Warfarin Over 10 Years with 4 Values for Year of Life

Results

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SLIDE 14

Sensitivity Analysis

  • One-way sensitivity analysis reveals mortality rates to be the biggest drivers
  • f cost benefit
  • LAAC procedure costs and the value of one year of life were also significant

drivers

  • No other model parameters influenced outcomes enough to change 5-year

cost benefit results

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SLIDE 15

Conclusions

  • A positive cost benefit is achieved with LAAC relative to warfarin in the early years

following device implantation

  • LAAC costs are incurred up front, and benefits accrue over time
  • Conversely, with warfarin, costs accrue slowly, but benefits diminish over time as

patients age into higher risk of bleeding complications

  • LAAC represents a net benefit within 3-6 years depending on how 1 year of life is

valued

  • This analysis provides decision makers with a tool for considering the value of

reduced mortality when assessing comparative effectiveness of stroke prevention in AF

  • LAAC represents substantial long-term value to the US healthcare system
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SLIDE 16