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Defining the clinician's role in mitigating financial toxicity: an exploratory study
Meera Ragavan1, Divya Parikh2, Manali Patel2,3,4
1Department of Medicine, Stanford University School of Medicine, 300 Pasteur Drive, Stanford, CA, 94305, USA. meera.ragavan@ucsf.edu.
Background:
Financial toxicity describes the financial burden imposed onto patients by a cancer diagnosis and is a growing concern. Many clinicians do not currently address financial toxicity despite patients' desire for them to do so. Current literature explores physicians' perspectives but does not clearly define an actionable role clinicians can take to address financial toxicity. We sought to fill this gap by first assessing clinicians' perspective on their role in alleviating financial toxicity at our institution. We subsequently aimed to identify current barriers to mitigating financial toxicity and to garner feedback on clinician-oriented interventions to address this growing problem.
Methods:
We developed an 18-item electronic, anonymous survey through Redcap. We invited all oncology clinicians including attending physicians, advance practice providers, and trainees at our institution to participate.
Results:
A total of 72 clinicians (30%) completed the survey. The majority agreed that clinicians have a role in addressing cost. The top three barriers to discussing cost with patients were knowledge of out of pocket costs, time, and awareness of resources. Less than half of respondents used an existing comparative cost tool to incorporate cost consciousness into treatment decisions. The most desired intervention was an institutional resource guide. In open-ended comments, the most common barrier described was transparency of out of pocket costs, and the most common solution proposed was a multi-disciplinary approach to addressing financial concerns patient face.
Discussion:
Improving price transparency, incorporating existing resources into clinical practice, and streamlining multi-disciplinary support may help overcome barriers to addressing financial toxicity.
Insights
Oncology clinicians recognize their role in addressing patient financial toxicity. Key barriers include cost knowledge gaps and time, with a need for institutional resource guides and multidisciplinary support.
Area of Science:
- Oncology
- Health Economics
- Patient Advocacy
Background:
- Financial toxicity, the financial burden of cancer care, is a significant concern for patients.
- Clinicians often do not address financial toxicity, despite patient desire for such discussions.
- Existing research lacks a clear definition of the clinician's actionable role in mitigating financial toxicity.
Purpose of the Study:
- To assess oncology clinicians' perspectives on their role in alleviating financial toxicity.
- To identify barriers hindering clinicians from addressing financial toxicity.
- To gather feedback on clinician-centered interventions for financial toxicity.
Main Methods:
- An 18-item anonymous electronic survey was developed using Redcap.
- The survey was distributed to all oncology clinicians, including physicians, advanced practice providers, and trainees.
- Participation was voluntary, with 72 clinicians completing the survey.
Main Results:
- A majority of surveyed clinicians (72 total, 30% response rate) agreed that clinicians should address cancer-related costs.
- Top barriers identified were lack of knowledge regarding out-of-pocket costs, time constraints, and limited awareness of available resources.
- The most sought-after intervention was an institutional resource guide; improved price transparency and multidisciplinary support were common suggestions.
Conclusions:
- Enhancing price transparency is crucial for addressing financial toxicity.
- Integrating existing resources into clinical workflows can improve support for patients.
- Streamlining multidisciplinary approaches is essential for overcoming barriers to mitigating financial toxicity.
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