CAP TODAY Pathology/Laboratory Medicine/Laboratory Management
In all four countries, the use of SelectMDx resulted in quality-adjusted life year gains and cost savings. In France, SelectMDx resulted in 0.022 QALYs gained at a cost savings of €1,217 per patient. For Germany, the model showed a QALY gain of 0.016 and a cost savings of €442. In Italy, the QALY gain and cost savings were 0.031 and €762. In Spain 0.020 QALYs were gained and €250 costs were saved. The implementation of SelectMDx in the four countries was shown to reduce the number of biopsies for initial diagnosis and prevent unnecessary overtreatment. The potential total cost savings for the health care providers in those EU countries is more than €300 million (approximately $350 million) for each annual cohort under this new standard of care, the company reported.
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