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Development and Validation of a Simplified Financial Toxicity Screening Tool for Use in Clinical Practice
Bridgette Thom1,2,3, Amy L Tin3, Fumiko Chino3
1University of North Carolina (UNC) School of Social Work, Chapel Hill, NC.
JCO Oncology Practice
|January 10, 2025
Summary
A simplified two-question financial toxicity screening tool, the abbreviated Comprehensive Score for Financial Toxicity (COST), demonstrates high accuracy. This validated tool is suitable for routine clinical integration, improving cancer care equity.
Area of Science:
- Oncology
- Health Services Research
- Health Economics
Background:
- Cancer-related financial toxicity is prevalent and contributes to healthcare inequities.
- Current screening methods for financial toxicity lack consistency and integration into clinical workflows.
- A validated tool is needed to efficiently identify patients experiencing financial toxicity.
Purpose of the Study:
- To develop and validate an abbreviated version of the Comprehensive Score for Financial Toxicity (COST) tool.
- To create a brief screening measure suitable for integration into clinical settings.
- To assess the predictive value of a two-item COST tool against the full research-based measure.
Main Methods:
- A quality improvement project utilized 57,526 longitudinal COST surveys from 38,249 cancer patients.
- An iterative algorithm identified the two items most correlated with the full COST score.
- Positive and negative predictive values (PPV, NPV) of the two-item scale were assessed against the full COST score.
Main Results:
- The two-item abbreviated COST tool (using questions on future financial worries and current satisfaction) showed a high correlation (0.922) with the full COST score.
- The abbreviated tool demonstrated strong predictive values: PPV ranged from 74% to 91%, and NPV ranged from 91% to 98%.
Conclusions:
- A simplified two-question COST tool exhibits high predictive accuracy compared to the full validated measure.
- This abbreviated COST measure is appropriate for implementation in clinical screening workflows.
- The validated abbreviated tool can aid in identifying and addressing financial toxicity in cancer patients.

