The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand

Tamlyn Anne Rautenberg,1,2 Ute Zerwes3 1IGES Institut, Berlin, Germany; 2Health Economics and HIV/AIDS Research Division (HEARD), School of Accounting, Economics and Finance, University of KwaZulu Natal, KwaZulu Natal, South Africa; 3Assessment in Medicine GmbH, Lörrach, Germany Objective:...

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Main Authors: Rautenberg TA, Zerwes U
Format: Article
Language:English
Published: Dove Medical Press 2017-07-01
Series:ClinicoEconomics and Outcomes Research
Subjects:
Online Access:https://www.dovepress.com/the-cost-utility-and-budget-impact-of-adjuvant-racecadotril-for-acute--peer-reviewed-article-CEOR
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spelling doaj-9aaeaec0aeba4956a64be503a8dc9d732020-11-25T00:11:23ZengDove Medical PressClinicoEconomics and Outcomes Research1178-69812017-07-01Volume 941142233806The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in ThailandRautenberg TAZerwes UTamlyn Anne Rautenberg,1,2 Ute Zerwes3 1IGES Institut, Berlin, Germany; 2Health Economics and HIV/AIDS Research Division (HEARD), School of Accounting, Economics and Finance, University of KwaZulu Natal, KwaZulu Natal, South Africa; 3Assessment in Medicine GmbH, Lörrach, Germany Objective: To evaluate the cost utility and the budget impact of adjuvant racecadotril for the treatment of acute diarrhea in children in Thailand. Methods: A cost utility model has been adapted to the context of Thailand to evaluate racecadotril plus oral rehydration solution (R+ORS) versus oral rehydration solution (ORS) alone for acute diarrhea in children <5 years old. The decision tree Excel model evaluates the costs and effects (quality-adjusted life years) over a 6-day time horizon from a public health care payer’s perspective in Thailand. Deterministic sensitivity analysis and budget impact analysis have been undertaken. Results: According to the cost utility model, the intervention (R+ORS) is less costly and more effective than the comparator (ORS) for the base case with a dominant incremental cost-effectiveness ratio of −2,481,390฿ for the intervention. According to the budget impact analysis (assuming an increase of 5% market share for R+ORS over 5 years), the year-on-year reduction for diarrhea as a percentage of the total health care expenditure is −0.0027%, resulting in potential net cost savings of −35,632,482฿ over 5 years. Conclusion: Subject to the assumptions and limitations of the models, adjuvant racecadotril versus ORS alone is potentially cost-effective for children in Thailand and uptake could translate into savings for the Thailand public health care system. Keywords: economic evaluation, cost utility, decision analysis, health technology assessmenthttps://www.dovepress.com/the-cost-utility-and-budget-impact-of-adjuvant-racecadotril-for-acute--peer-reviewed-article-CEOReconomic evaluationcost utilitydecision analysishealth technology assessment.
collection DOAJ
language English
format Article
sources DOAJ
author Rautenberg TA
Zerwes U
spellingShingle Rautenberg TA
Zerwes U
The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand
ClinicoEconomics and Outcomes Research
economic evaluation
cost utility
decision analysis
health technology assessment.
author_facet Rautenberg TA
Zerwes U
author_sort Rautenberg TA
title The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand
title_short The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand
title_full The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand
title_fullStr The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand
title_full_unstemmed The cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in Thailand
title_sort cost utility and budget impact of adjuvant racecadotril for acute diarrhea in children in thailand
publisher Dove Medical Press
series ClinicoEconomics and Outcomes Research
issn 1178-6981
publishDate 2017-07-01
description Tamlyn Anne Rautenberg,1,2 Ute Zerwes3 1IGES Institut, Berlin, Germany; 2Health Economics and HIV/AIDS Research Division (HEARD), School of Accounting, Economics and Finance, University of KwaZulu Natal, KwaZulu Natal, South Africa; 3Assessment in Medicine GmbH, Lörrach, Germany Objective: To evaluate the cost utility and the budget impact of adjuvant racecadotril for the treatment of acute diarrhea in children in Thailand. Methods: A cost utility model has been adapted to the context of Thailand to evaluate racecadotril plus oral rehydration solution (R+ORS) versus oral rehydration solution (ORS) alone for acute diarrhea in children <5 years old. The decision tree Excel model evaluates the costs and effects (quality-adjusted life years) over a 6-day time horizon from a public health care payer’s perspective in Thailand. Deterministic sensitivity analysis and budget impact analysis have been undertaken. Results: According to the cost utility model, the intervention (R+ORS) is less costly and more effective than the comparator (ORS) for the base case with a dominant incremental cost-effectiveness ratio of −2,481,390฿ for the intervention. According to the budget impact analysis (assuming an increase of 5% market share for R+ORS over 5 years), the year-on-year reduction for diarrhea as a percentage of the total health care expenditure is −0.0027%, resulting in potential net cost savings of −35,632,482฿ over 5 years. Conclusion: Subject to the assumptions and limitations of the models, adjuvant racecadotril versus ORS alone is potentially cost-effective for children in Thailand and uptake could translate into savings for the Thailand public health care system. Keywords: economic evaluation, cost utility, decision analysis, health technology assessment
topic economic evaluation
cost utility
decision analysis
health technology assessment.
url https://www.dovepress.com/the-cost-utility-and-budget-impact-of-adjuvant-racecadotril-for-acute--peer-reviewed-article-CEOR
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