Medical Decision Making · 2010 · 26 citations · 19 references
PharmacyOncologyPharmacoeconomicsChemotherapyCost-effectiveness AnalysisOutcomes ResearchAdverse Effects Of ChemotherapyCost-effectiveness ComparisonCost-effectiveness ModelingHealthcare Cost AnalysisOutcome ValuationPatient-reported Outcome MeasuresCancer Cost BurdenCost-effectivenessLife Expectancy ConsiderationRandom SamplingUtility Measurement In OncologyValue-based Cancer Care
OBJECTIVE: To determine how oncologists value quality-enhancing v. life-prolonging outcomes attributable to chemotherapy. METHODS: The authors surveyed a random sample of 1379 US medical oncologists (members of the American Society of Clinical Oncology), presenting them with 2 scenarios involving a hypothetical new chemotherapy drug. Given their responses, the authors derived the implicit cost-effectiveness ratios each physician attributed to quality-enhancing and life-prolonging chemotherapies. RESULTS: The authors received responses from 58% of the oncologists surveyed. On average, the responses implied that oncologists were willing to prescribe treatments that cost $245,972 per quality-adjusted life-year (QALY; SD $243,663 per QALY) in life-prolonging situations v. only $119,082 per QALY (SD $197,048 per QALY) for treatments that improve quality of life but do not prolong survival (P < 0.001). This difference did not depend on age, gender, percentage of time in clinical work, or self-reported preparedness to use and interpret cost-effectiveness information (P > 0.05 for all specifications). Differences across these situations persisted even among those who considered themselves to be "well-prepared" to make cost-effectiveness decisions. CONCLUSION: Cost-effectiveness thresholds for oncologists vary widely for life-prolonging chemotherapy compared to treatments that only enhance quality of life. This difference suggests that oncologists value length of survival more highly than quality of life when making chemotherapy decisions.
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Patient-Physician Communication About Out-of-Pocket Costs
G. Caleb Alexander · JAMA · 2003 · 421 citations
Pricing life: why it's time for health care rationing
Choice Reviews Online · 2000 · 212 citations