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Cost of treating acute myocardial infarction in an Irish teaching hospital
1National Centre for Pharmacoeconomics, St. James's Hospital, Dublin. aheerey@stjames.ie
Insights
Annually, around 6,500 patients are hospitalized for acute myocardial infarction (AMI) in Ireland. This study found the average hospital cost for AMI treatment is £3,976, with ward costs comprising half of the total expenses.
Area of Science:
- Cardiology
- Health Economics
Background:
- Acute myocardial infarction (AMI) represents a significant cause of hospital admissions in Ireland, with approximately 6,500 cases annually.
- Hospital admissions are a major driver of healthcare expenditure, necessitating detailed cost analyses.
Purpose of the Study:
- To determine the specific costs associated with the hospital treatment of acute myocardial infarction (AMI).
- To provide a hospital-level economic perspective on AMI care.
Main Methods:
- A micro-costing approach was employed for detailed resource utilization data collection.
- The cost evaluation was conducted from the perspective of a teaching hospital.
Main Results:
- The average cost for a hospital admission due to AMI was calculated at £3,976.
- The average daily cost of care for AMI patients was £501.
- Ward costs constituted approximately 50% of total hospital costs, followed by procedures (35%) and medications (7%).
Conclusions:
- Hospitalization for AMI incurs substantial costs, with significant contributions from ward care and procedures.
- Understanding the cost breakdown is crucial for resource allocation and cost-efficiency initiatives in managing AMI.
Abstract:
Recent figures indicate that there are approximately 6,500 patients admitted to hospital following acute myocardial infarction (AMI) in Ireland each year. As hospital admission is frequently the most expensive component of healthcare we determined the costs associated with treatment of AMI in a teaching hospital. The costing evaluation was from the hospital perspective and the strategy used was a micro-costing detailed collection of resources used. The average cost of hospital admission for the treatment of AMI was Pound Sterling 3,976. The average cost per day was calculated at Pound Sterling 501. Approximately 50% of hospital costs were associated with ward costs. Procedures accounted for 35% of costs whereas medications contributed just 7% of total costs.
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