Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand

Introduction Although pharmacist-participated warfarin therapy management (PWTM) is well established, the economic evaluation of PWTM is still lacking particularly in Asia-Pacific region. The objective of this study was to estimate the cost-effectiveness of PWTM in Thailand using local data where av...

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Main Authors: Saokaew S., Permsuwan U., Chaiyakunapruk N., Nathisuwan S., Sukonthasarn A., Jeanpeerapong N.
Format: Article
Language:English
Published: 2014
Online Access:http://www.scopus.com/inward/record.url?eid=2-s2.0-84885179289&partnerID=40&md5=1115a7d2f284d1287ba0f5e95bc6d187
http://cmuir.cmu.ac.th/handle/6653943832/4211
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-42112014-08-30T02:35:48Z Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand Saokaew S. Permsuwan U. Chaiyakunapruk N. Nathisuwan S. Sukonthasarn A. Jeanpeerapong N. Introduction Although pharmacist-participated warfarin therapy management (PWTM) is well established, the economic evaluation of PWTM is still lacking particularly in Asia-Pacific region. The objective of this study was to estimate the cost-effectiveness of PWTM in Thailand using local data where available. Methods A Markov model was used to compare lifetime costs and quality-adjusted life years (QALYs) accrued to patients receiving warfarin therapy through PWTM or usual care (UC). The model was populated with relevant information from both health care system and societal perspectives. Input data were obtained from literatures and database analyses. Incremental cost-effectiveness ratios (ICERs) were presented as year 2012 values. A base-case analysis was performed for patients at age 45 years old. Sensitivity analyses including one-way and probabilistic sensitivity analyses were constructed to determine the robustness of the findings. Results From societal perspective, PWTM and UC results in 39.5 and 38.7 QALY, respectively. Thus, PWTM increase QALY by 0.79, and increase costs by 92,491 THB (3,083 USD) compared with UC (ICER 116,468 THB [3,882.3 USD] per QALY gained). While, from health care system perspective, PWTM also results in 0.79 QALY, and increase costs by 92,788 THB (3,093 USD) compared with UC (ICER 116,842 THB [3,894.7 USD] per QALY gained). Thus, PWTM was cost-effective compared with usual care, assuming willingness-to-pay (WTP) of 150,000 THB/QALY. Results were sensitive to the discount rate and cost of clinic set-up. Conclusion Our finding suggests that PWTM is a cost-effective intervention. Policy-makers may consider our finding as part of information in their decision-making for implementing this strategy into healthcare benefit package. Further updates when additional data available are needed. © 2013 Elsevier Ltd. 2014-08-30T02:35:48Z 2014-08-30T02:35:48Z 2013 Article 00493848 10.1016/j.thromres.2013.08.019 THBRA http://www.scopus.com/inward/record.url?eid=2-s2.0-84885179289&partnerID=40&md5=1115a7d2f284d1287ba0f5e95bc6d187 http://cmuir.cmu.ac.th/handle/6653943832/4211 English
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
language English
description Introduction Although pharmacist-participated warfarin therapy management (PWTM) is well established, the economic evaluation of PWTM is still lacking particularly in Asia-Pacific region. The objective of this study was to estimate the cost-effectiveness of PWTM in Thailand using local data where available. Methods A Markov model was used to compare lifetime costs and quality-adjusted life years (QALYs) accrued to patients receiving warfarin therapy through PWTM or usual care (UC). The model was populated with relevant information from both health care system and societal perspectives. Input data were obtained from literatures and database analyses. Incremental cost-effectiveness ratios (ICERs) were presented as year 2012 values. A base-case analysis was performed for patients at age 45 years old. Sensitivity analyses including one-way and probabilistic sensitivity analyses were constructed to determine the robustness of the findings. Results From societal perspective, PWTM and UC results in 39.5 and 38.7 QALY, respectively. Thus, PWTM increase QALY by 0.79, and increase costs by 92,491 THB (3,083 USD) compared with UC (ICER 116,468 THB [3,882.3 USD] per QALY gained). While, from health care system perspective, PWTM also results in 0.79 QALY, and increase costs by 92,788 THB (3,093 USD) compared with UC (ICER 116,842 THB [3,894.7 USD] per QALY gained). Thus, PWTM was cost-effective compared with usual care, assuming willingness-to-pay (WTP) of 150,000 THB/QALY. Results were sensitive to the discount rate and cost of clinic set-up. Conclusion Our finding suggests that PWTM is a cost-effective intervention. Policy-makers may consider our finding as part of information in their decision-making for implementing this strategy into healthcare benefit package. Further updates when additional data available are needed. © 2013 Elsevier Ltd.
format Article
author Saokaew S.
Permsuwan U.
Chaiyakunapruk N.
Nathisuwan S.
Sukonthasarn A.
Jeanpeerapong N.
spellingShingle Saokaew S.
Permsuwan U.
Chaiyakunapruk N.
Nathisuwan S.
Sukonthasarn A.
Jeanpeerapong N.
Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand
author_facet Saokaew S.
Permsuwan U.
Chaiyakunapruk N.
Nathisuwan S.
Sukonthasarn A.
Jeanpeerapong N.
author_sort Saokaew S.
title Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand
title_short Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand
title_full Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand
title_fullStr Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand
title_full_unstemmed Cost-effectiveness of pharmacist-participated warfarin therapy management in Thailand
title_sort cost-effectiveness of pharmacist-participated warfarin therapy management in thailand
publishDate 2014
url http://www.scopus.com/inward/record.url?eid=2-s2.0-84885179289&partnerID=40&md5=1115a7d2f284d1287ba0f5e95bc6d187
http://cmuir.cmu.ac.th/handle/6653943832/4211
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