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Cost-consequence analysis of different active flowable hemostatic matrices in cardiac surgical procedures
Journal of Medical Economics
|January 19, 2017
Summary
Using FLOSEAL hemostatic matrix in cardiac surgery can significantly reduce complications, transfusions, and surgery time compared to SURGIFLO. This leads to substantial cost savings for US hospitals, estimated at over $1.5 million annually.
Area of Science:
- Cardiovascular Surgery
- Health Economics
- Medical Device Technology
Background:
- A prior study indicated FLOSEAL Hemostatic Matrix use in cardiac surgery correlated with fewer complications, transfusions, revisions, and shorter surgery durations versus SURGIFLO Hemostatic Matrix.
- These clinical improvements may yield economic benefits for healthcare providers and payers.
Purpose of the Study:
- To quantify the cost-consequences of utilizing FLOSEAL versus SURGIFLO hemostatic matrices in adult cardiac surgeries within US hospitals.
Main Methods:
- A cost-consequence model was developed using clinical data from a comparative effectiveness study of FLOSEAL and SURGIFLO.
- The model incorporated differences in surgery length, complication rates, revisions, and blood transfusions.
- Costs were based on the 2012 Healthcare Cost and Utilization Project's National Inpatient Sample (NIS) database, adjusted to 2015 US dollars.
Main Results:
- Annual use of FLOSEAL in a hospital performing 245 cardiac surgeries could potentially avoid 11 major complications, 31 minor complications, 9 revisions, and 79 blood transfusions.
- This reduction in adverse events and operating time translates to an estimated net annualized saving of $1,532,896.
- Sensitivity analyses confirmed robust cost savings, ranging from $1.3m to $1.8m and $911k to $2.4m.
Conclusions:
- The clinical advantages of FLOSEAL over SURGIFLO in cardiac surgery, as previously documented, are associated with significant potential cost savings for US hospitals.
- Implementing FLOSEAL can lead to improved patient outcomes and considerable economic benefits.
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