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Cost-consequence analysis of two different active flowable hemostatic matrices in spine surgery patients
Journal of Medical Economics
|March 14, 2017
Summary
FLOSEAL hemostatic matrix use in spine surgery is more cost-effective than SURGIFLO. FLOSEAL reduces blood transfusions and operating room time, leading to significant hospital cost savings.
Area of Science:
- Health Economics
- Surgical Innovation
- Medical Device Analysis
Background:
- A prior analysis indicated higher resource use and complications with SURGIFLO compared to FLOSEAL in spine surgery.
- This study evaluates the cost-consequence of using FLOSEAL versus SURGIFLO in major and severe spine surgery.
Purpose of the Study:
- To conduct a cost-consequence analysis comparing FLOSEAL and SURGIFLO hemostatic matrices in US hospitals.
- To determine the economic impact of using FLOSEAL over SURGIFLO in major and severe spine surgeries.
Main Methods:
- A cost-consequence model was developed from a US hospital provider perspective.
- Clinical data from a retrospective analysis and 2012 National Inpatient Sample data were used.
- Costs associated with hemostatic matrices, blood transfusions, and operating room time were analyzed.
Main Results:
- FLOSEAL use resulted in fewer blood product transfusions and reduced operating room time compared to SURGIFLO.
- Annual cost savings were estimated at $151 per major and $574 per severe spine surgery for medium-volume hospitals.
- Probabilistic sensitivity analysis showed FLOSEAL was cost-saving in 76% of major and 97% of severe spine surgery simulations.
Conclusions:
- FLOSEAL hemostatic matrices offer potential for substantial cost savings in US hospitals for both major and severe spine surgery.
- The economic benefits of using FLOSEAL are independent of the specific case-mix of spinal surgery procedures.
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