Literature DB >> 35895254

Tools for the Economic Evaluation of Precision Medicine: A Scoping Review of Frameworks for Valuing Heterogeneity-Informed Decisions.

Reka E Pataky1,2, Stirling Bryan3,4, Mohsen Sadatsafavi5, Stuart Peacock6,7, Dean A Regier6,3.   

Abstract

BACKGROUND AND
OBJECTIVE: Precision medicine highlights the importance of exploring heterogeneity in the effectiveness and costs of interventions. Our objective was to identify and compare frameworks for valuing heterogeneity-informed decisions, and consider their strengths and weaknesses for application to precision medicine.
METHODS: We conducted a scoping review to identify papers that proposed an analytical framework to place a value, in terms of costs and health benefits, on using heterogeneity to inform treatment selection. The search included English-language papers indexed in MEDLINE, Embase or EconLit, and a manual review of references and citations. We compared the frameworks qualitatively considering: the purpose and setting of the analysis; the types of precision medicine interventions where the framework could be applied; and the framework's ability to address the methodological challenges of evaluating precision medicine.
RESULTS: Four analytical frameworks were identified: value of stratification, value of heterogeneity, expected value of individualised care and loss with respect to efficient diffusion. Each framework is suited to slightly different settings and research questions. All focus on maximising net benefit, and quantify the opportunity cost of ignoring heterogeneity by comparing individualised or stratified decisions to a means-based population-wide decision. Where the frameworks differ is in their approaches to uncertainty, and in the additional metrics they consider.
CONCLUSIONS: Identifying and utilising heterogeneity is at the core of precision medicine, and the ability to quantify the value of heterogeneity-informed decisions is critical. Using an analytical framework to value heterogeneity will help provide evidence to inform investment in precision medicine interventions, appropriately capturing the value of targeted health interventions.
© 2022. The Author(s), under exclusive licence to Springer Nature Switzerland AG.

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Year:  2022        PMID: 35895254     DOI: 10.1007/s40273-022-01176-0

Source DB:  PubMed          Journal:  Pharmacoeconomics        ISSN: 1170-7690            Impact factor:   4.558


  28 in total

Review 1.  How should we deal with patient heterogeneity in economic evaluation: a systematic review of national pharmacoeconomic guidelines.

Authors:  Bram L T Ramaekers; Manuela A Joore; Janneke P C Grutters
Journal:  Value Health       Date:  2013-05-15       Impact factor: 5.725

2.  Economic Perspectives on Personalized Health Care and Prevention.

Authors:  Kathryn A Phillips; Julie Ann Sakowski; Su-Ying Liang; Ninez A Ponce
Journal:  Forum Health Econ Policy       Date:  2013-09-01

3.  Challenges in the development and reimbursement of personalized medicine-payer and manufacturer perspectives and implications for health economics and outcomes research: a report of the ISPOR personalized medicine special interest group.

Authors:  Eric Faulkner; Lieven Annemans; Lou Garrison; Mark Helfand; Anke-Peggy Holtorf; John Hornberger; Dyfrig Hughes; Tracy Li; Daniel Malone; Katherine Payne; Uwe Siebert; Adrian Towse; David Veenstra; John Watkins
Journal:  Value Health       Date:  2012-09-07       Impact factor: 5.725

Review 4.  Economic Evaluations of Next-Generation Precision Oncology: A Critical Review.

Authors:  Deirdre Weymann; Reka Pataky; Dean A Regier
Journal:  JCO Precis Oncol       Date:  2018-11

5.  The faces of personalized medicine: a framework for understanding its meaning and scope.

Authors:  W Ken Redekop; Deirdre Mladsi
Journal:  Value Health       Date:  2013 Sep-Oct       Impact factor: 5.725

6.  Value-based assessment of pharmacodiagnostic testing from early stage development to real-world use.

Authors:  Leah C Burns; Lucinda Orsini; Gilbert L'italien
Journal:  Value Health       Date:  2013 Sep-Oct       Impact factor: 5.725

Review 7.  Is individualized medicine more cost-effective? A systematic review.

Authors:  Maximilian H M Hatz; Katharina Schremser; Wolf H Rogowski
Journal:  Pharmacoeconomics       Date:  2014-05       Impact factor: 4.981

8.  Genome sequencing: a systematic review of health economic evidence.

Authors:  Martin Frank; Anne Prenzler; Roland Eils; J-Matthias Graf von der Schulenburg
Journal:  Health Econ Rev       Date:  2013-12-12

9.  The cost and cost trajectory of whole-genome analysis guiding treatment of patients with advanced cancers.

Authors:  Deirdre Weymann; Janessa Laskin; Robyn Roscoe; Kasmintan A Schrader; Stephen Chia; Stephen Yip; Winson Y Cheung; Karen A Gelmon; Aly Karsan; Daniel J Renouf; Marco Marra; Dean A Regier
Journal:  Mol Genet Genomic Med       Date:  2017-03-12       Impact factor: 2.183

10.  The Future of Precision Medicine: Potential Impacts for Health Technology Assessment.

Authors:  James Love-Koh; Alison Peel; Juan Carlos Rejon-Parrilla; Kate Ennis; Rosemary Lovett; Andrea Manca; Anastasia Chalkidou; Hannah Wood; Matthew Taylor
Journal:  Pharmacoeconomics       Date:  2018-12       Impact factor: 4.981

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