Assessing the value of cardiac biomarkers: going beyond diagnostic accuracy?
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Insights
This study reviews how health technology agencies evaluate laboratory diagnostics in cost-effectiveness analyses. It explores methods to determine the value of cardiac laboratory tests beyond basic performance metrics.
Area of Science:
- Health Economics
- Clinical Diagnostics
- Health Technology Assessment
Background:
- Healthcare providers and payers increasingly scrutinize resource utilization and demand evidence of value for interventions.
- Cost-effectiveness evaluations are crucial for guiding healthcare budget allocation decisions.
- Historically, laboratory diagnostics have been methodologically excluded from cost-effectiveness evaluations.
Purpose of the Study:
- To explore current health technology agency requirements for including laboratory diagnostics in evaluations.
- To describe alternative methods for establishing the value of biomarkers and laboratory diagnostics beyond assay performance.
- To evaluate the use of a linked evidence approach in cost-effectiveness studies for cardiac laboratory tests over the past five years.
Main Methods:
- Literature review of health technology agency requirements.
- Exploration of alternative methods for valuing laboratory diagnostics.
- Analysis of cost-effectiveness studies focusing on cardiac laboratory tests using a linked evidence approach.
Main Results:
- Findings on current requirements of health technology agencies regarding laboratory diagnostics.
- Identification and description of alternative methods for assessing diagnostic test value.
- Data on the application of linked evidence approaches in cardiac laboratory test cost-effectiveness studies.
Conclusions:
- The study highlights the evolving landscape of cost-effectiveness evaluations to incorporate laboratory diagnostics.
- Alternative methods, such as linked evidence, offer a pathway to establish broader value.
- The findings inform future assessments of cardiac laboratory tests and other diagnostics.
Abstract:
In this era of scrutinized resource utilization, providers and payers are focused on the value of healthcare interventions more than ever. Cost-effectiveness evaluations are required by some health authorities and requested by others in order to guide budget allocation decisions. In the past, these evaluations did not methodologically consider laboratory diagnostics. We set out to explore the current requirements of health technology agencies that include laboratory diagnostics and describe, through a review of the literature, alternative methods for establishing the value of a biomarker or labroatory diagnostic beyond assay specifications and performance. The aim of this study was to evaluate the current use of a linked evidence approach in cost-effectiveness studies for cardiac laboratory tests in the last 5 years.
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