Value-based medicine and ophthalmology: an appraisal of cost-utility analyses

Trans Am Ophthalmol Soc. 2004:102:177-85; discussion 185-8.

Abstract

Purpose: To ascertain the extent to which ophthalmologic interventions have been evaluated in value-based medicine format.

Methods: Retrospective literature review. Papers in the healthcare literature utilizing cost-utility analysis were reviewed by researchers at the Center for Value-Based Medicine, Flourtown, Pennsylvania. A literature review of papers addressing the cost-utility analysis of ophthalmologic procedures in the United States over a 12-year period from 1992 to 2003 was undertaken using the National Library of Medicine and EMBASE databases. The cost-utility of ophthalmologic interventions in inflation-adjusted (real) year 2003 US dollars expended per quality-adjusted life-year (dollars/QALY) was ascertained in all instances.

Results: A total of 19 papers were found, including a total of 25 interventions. The median cost-utility of ophthalmologic interventions was 5,219 dollars/QALY, with a range from 746 dollars/QALY to 6.5 million dollars/QALY.

Conclusions: The majority of ophthalmologic interventions are especially cost-effective by conventional standards. This is because of the substantial value that ophthalmologic interventions confer to patients with eye diseases for the resources expended.

Publication types

  • Research Support, Non-U.S. Gov't
  • Review

MeSH terms

  • Cost-Benefit Analysis
  • Delivery of Health Care / economics*
  • Evidence-Based Medicine*
  • Health Care Costs*
  • Humans
  • Ophthalmology / economics*
  • Patient Satisfaction*