Abstract
BACKGROUND: This study aims to report on the design of a model to determine the cost-effectiveness of prevention and treatment of early psychosis (PsyMod) and to estimate ten-year cost-effectiveness and budget impact of interventions targeting individuals with ultra-high risk (UHR) of developing psychosis or with first episode psychosis (FEP).
METHODS: PsyMod was built in parallel with the development of a new standard of care for treatment of early psychosis in the Netherlands. PsyMod is a state-transition cohort simulation model and considers six health states, namely ultra-high risk of psychosis (UHR), FEP, post-FEP, no-UHR, recovery/remission, and death. Results are expressed as total healthcare costs, QALYs, incremental cost-effectiveness ratio (ICER), and budget impact.
RESULTS: PsyMod was used to extrapolate budget impact and cost-effectiveness of cognitive behavioural therapy for preventing FEP for individuals at UHR of psychosis (CBTuhr) compared to care as usual. CBTuhr resulted in a per-patient increase of 0.06 QALYs and a per patient cost reduction of €654 (dominant ICER) with a reduction in 5-year healthcare costs of €1,002,166.
CONCLUSIONS: PsyMod can be used to examine cost-effectiveness and budget impact of interventions targeting prevention and treatment of FEP and is freely available for academic purposes upon request by the authors.
Original language | English |
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Pages (from-to) | 269-279 |
Number of pages | 11 |
Journal | Expert Review of Pharmacoeconomics & Outcomes Research |
Volume | 20 |
Issue number | 3 |
DOIs | |
Publication status | Published - 3 May 2020 |
Keywords
- Budgets
- Cognitive Behavioral Therapy/economics
- Cohort Studies
- Computer Simulation
- Cost-Benefit Analysis
- Health Care Costs/statistics & numerical data
- Humans
- Markov Chains
- Models, Economic
- Netherlands
- Psychotic Disorders/economics
- Quality-Adjusted Life Years
- Risk
- COST-EFFECTIVENESS ANALYSIS
- EARLY INTERVENTION
- ULTRA-HIGH-RISK
- Schizophrenia
- FOLLOW-UP
- RISPERIDONE
- psychosis
- health economic modelling
- ANTIPSYCHOTICS
- 1ST-EPISODE PSYCHOSIS
- 1ST EPISODE
- cost-effectiveness
- SCHIZOPHRENIA
- budget impact
- UNTREATED PSYCHOSIS
- economic evaluation