Literature DB >> 23947973

Willingness to pay for diagnostic technologies: a review of the contingent valuation literature.

Pei-Jung Lin1, Michael J Cangelosi, David W Lee, Peter J Neumann.   

Abstract

OBJECTIVES: To understand how people value information from diagnostic technologies, we reviewed and analyzed published willingness-to-pay (WTP) studies on the topic.
METHODS: We searched PubMed for English-language articles related to WTP for diagnostic laboratory tests published from 1985 through 2011. We characterized methodological differences across studies, examined individual- and technology-level factors associated with WTP, and summarized median WTP values across different diagnostic tests.
RESULTS: We identified 66 relevant WTP studies. Half focused on oncology, while others analyzed infectious diseases (n = 11, 16.1%) and obstetric or gynecological conditions (n = 8, 11.7%), among others. Most laboratory tests included in studies were biological samples/genetic testing (n = 44, 61.1%) or imaging tests (n = 23, 31.9%). Approximately one third of the analyses (n = 20, 30.3%) used discrete-choice questions to elicit WTP values. Higher income, education, disease severity, perceived disease risk, family history, and more accurate tests were in general associated with higher WTP values for diagnostic information. Of the 44 studies with median WTP values available, most reported a median WTP value below $100. The median WTP value for colon or colorectal cancer screening ranged from below $100 to over $1000.
CONCLUSIONS: The contingent valuation literature in diagnostics has grown rapidly, and suggests that many respondents place considerable value on diagnostic information. There exists, however, great variation in studies with respect to the type of technologies and diseases assessed, respondent characteristics, and study methodology. The perceived value of diagnostic technologies is also influenced by the study design and elicitation methods.
Copyright © 2013 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Entities:  

Keywords:  contingent valuation; diagnostics; review; willingness to pay

Mesh:

Year:  2013        PMID: 23947973     DOI: 10.1016/j.jval.2013.04.005

Source DB:  PubMed          Journal:  Value Health        ISSN: 1098-3015            Impact factor:   5.725


  26 in total

1.  Hospitalized women's willingness to pay for an inpatient screening mammogram.

Authors:  Waseem Khaliq; Ché Matthew Harris; Regina Landis; John F P Bridges; Scott M Wright
Journal:  Ann Fam Med       Date:  2014 Nov-Dec       Impact factor: 5.166

2.  The Value of Genomic Testing: A Contingent Valuation Across Six Child- and Adult-Onset Genetic Conditions.

Authors:  Yan Meng; Philip M Clarke; Ilias Goranitis
Journal:  Pharmacoeconomics       Date:  2021-10-21       Impact factor: 4.981

3.  Assessing the Value of Treatment to Address Various Symptoms Associated with Multiple Sclerosis: Results from a Contingent Valuation Study.

Authors:  Pei-Jung Lin; Cayla J Saret; Peter J Neumann; Eileen A Sandberg; Joshua T Cohen
Journal:  Pharmacoeconomics       Date:  2016-12       Impact factor: 4.981

Review 4.  The patient perspective of diabetes care: a systematic review of stated preference research.

Authors:  Lill-Brith von Arx; Trine Kjeer
Journal:  Patient       Date:  2014       Impact factor: 3.883

5.  Integrating pharmacogenetic testing into primary care.

Authors:  Susanne B Haga
Journal:  Expert Rev Precis Med Drug Dev       Date:  2017-11-03

Review 6.  Critical review of willingness to pay for clinical oral health interventions.

Authors:  Sharon Hui Xuan Tan; Christopher R Vernazza; Rahul Nair
Journal:  J Dent       Date:  2017-06-27       Impact factor: 4.379

7.  Assessing the Patient-Perceived Monetary Value of Patient-Reported Outcome Improvement for Patients With Chronic Knee Conditions.

Authors:  Sarah B Floyd; Alicia Oostdyk; Melanie Cozad; John M Brooks; Paul Siffri; Brian Burnikel
Journal:  J Patient Cent Res Rev       Date:  2021-04-19

8.  Patient Perspectives and Willingness to Accept Incentives for Tuberculosis Diagnostic Evaluation in Uganda.

Authors:  Jillian L Kadota; Sarah Nabwire; Talemwa Nalugwa; Justin S White; Adithya Cattamanchi; Achilles Katamba; Priya B Shete
Journal:  Value Health Reg Issues       Date:  2021-03-25

9.  And When I Die: Theory of Planned Behavior as Applied to Sperm Cryopreservation.

Authors:  Limor Dina Gonen
Journal:  Healthcare (Basel)       Date:  2021-05-09

10.  Willingness to pay for genetic testing for inherited retinal disease.

Authors:  Sandy Tubeuf; Thomas A Willis; Barbara Potrata; Hilary Grant; Matthew J Allsop; Mushtaq Ahmed; Jenny Hewison; Martin McKibbin
Journal:  Eur J Hum Genet       Date:  2014-06-11       Impact factor: 4.246

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