Evidence map›Paper›PMID 25847636›Full record

ArticleHealth affairs (Project Hope)2015

Quality-adjusted cost of care: a meaningful way to measure growth in innovation cost versus the value of health gains.

Darius Lakdawalla, Jason Shafrin, Claudio Lucarelli, Sean Nicholson, Zeba M Khan, Tomas J Philipson

Abstract read
In one paragraph

Article in Health affairs (Project Hope), 2015. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 14 papers.

0numbers the graph read from it
0cells of the map it votes in
14citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

14 citing papers in PubMed.

  1. Article
  2. Article
  3. Article
  4. Review
  5. A Satellite Account for Health in the United States.The American economic review · 2022
    Article
  6. Article
  7. Are quality-adjusted medical prices declining for chronic disease? Evidence from diabetes care in four health systems.The European journal of health economics : HEPAC : health economics in prevention and care · 2020
    Article
  8. Article
  9. Article
  10. Article
  11. Article
  12. Review
  13. Article
  14. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

6 authors.

Darius LakdawallaDarius Lakdawalla (dlakdawa@usc.edu) is the Quintiles Professor of Pharmaceutical Development and Regulatory Innovation at the Schaeffer Center for Health Policy and Economics, University of Southern California, in Los Angeles.
Jason ShafrinJason Shafrin is a senior research economist at Precision Health Economics, in Los Angeles.
Claudio LucarelliClaudio Lucarelli is a professor of economics at Universidad de los Andes, in Santiago, Chile.
Sean NicholsonSean Nicholson is a professor in the Department of Policy Analysis and Management at Cornell University, in Ithaca, New York.
Zeba M KhanZeba M. Khan is vice president of Corporate Responsibility at Celgene Corporation, in Summit, New Jersey.
Tomas J PhilipsonTomas J. Philipson is the Daniel Levin Professor of Public Policy at the Irving B. Harris Graduate School for Public Policy Studies, University of Chicago, in Illinois.

Funding

USC Resource Center for Minority Aging Research (US-RCMAR)P30AG043073 · NIA · UNIVERSITY OF SOUTHERN CALIFORNIA · PI EMMA AGUILA, JENNIFER A AILSHIRE · 2012 to 2026
$10.1M
AN ECONOMIC AND BEHAVIORAL EVALUATION OF MEDICARE PART DP01AG033559 · NIA · UNIVERSITY OF SOUTHERN CALIFORNIA · PI GOLDMAN, DANA P · 2011 to 2015
$3.0M
NIA NIH HHS P01 AG033559NIA NIH HHS P30 AG043073
6 · The paper itself

Abstract

Technology drives both health care spending and health improvement. Yet policy makers rarely see measures of cost growth that account for both effects. To fill this gap, we present the quality-adjusted cost of care, which illustrates cost growth net of growth in the value of health improvements, measured as survival gains multiplied by the value of survival. We applied the quality-adjusted cost of care to two cases. For colorectal cancer, drug cost per patient increased by $34,493 between 1998 and 2005 as a result of new drug launches, but value from offsetting health improvements netted a modest $1,377 increase in quality-adjusted cost of care. For multiple myeloma, new therapies increased treatment cost by $72,937 between 2004 and 2009, but offsetting health benefits lowered overall quality-adjusted cost of care by $67,863. However, patients with multiple myeloma on established first-line therapies saw costs rise without corresponding benefits. All three examples document rapid cost growth, but they provide starkly different answers to the question of whether society got what it paid for.

Indexed as

Health Care CostsQuality-Adjusted Life YearsColorectal NeoplasmsCost-Benefit AnalysisDrug CostsHumansMultiple MyelomaTherapies, InvestigationalCost of Health CareHealth EconomicsHealth Spending

Identifiers

PMID25847636
PMCPMC4406284

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.