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. 2018 Dec 31;37(3):359–389. doi: 10.1007/s40273-018-0755-x

Table 1.

Overview of economic models reported in publications

Study, country Disease classification system HF type Model specifications Modelling outcomes assessed Type of scenario/sensitivity analysis Key model drivers
Erhardt et al. [63] Sweden NYHA Unclear Core model/adaptation: Adaptation
Study type: Cost effectiveness
Model type: ‘Real-world’ partition survival analysis
Perspective: Third-party payer
Time horizon: 3.8 years
Discount rate: 5% for both costs and health outcomes
LYG, costs, ICERs, WTP OWSA; the key model drivers were varied to establish their effect on the outcome Hospital costs
Number of rehospitalizations for HF
Schadlich et al. [70] Germany NYHA Unclear Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Partition survival model
Perspective: Payer
Time horizon: 3.8 years
Discount rate: 5% for costs
LYG, costs, ICERs DSA
Weibull estimation of survival probability and LYG
Treatment duration
Number of rehospitalizations per patient
Inpatient treatment for decompensated HF
Anderson et al. [53] South Africa NYHA Unclear Core model/adaptation: Adaptation
Study type: Cost utility
Model type: Partition survival model
Perspective: Third-party payer
Time horizon: 3.8 years
Discount rate: 0%, 5% and 10% for costs. 5% for health outcomes
LYG, costs, ICERs Analysis established best- and worst-case scenarios Treatment duration
Hart et al. [65] Spain NYHA Unclear Core model/adaptation: Adaptation
Study type: Cost effectiveness
Model type: Area under the survival curve analysis of survival and rehospitalization probability
Perspective: Payer
Time horizon: 3.8 years
Discount rate: 6% for both costs and health outcomes
LYG, costs, ICERs Establishes the effect of additional costs and non-hospital costs on the ICER for the intervention Treatment duration
Length of hospital stay
Ademi et al. [51] Australia NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with four transition states with 1-year cycle lengths
Perspective: Payer
Time horizon: 10 years
Discount rate: 5% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Univariate analysis Efficacy measures (predominantly those regarding CV mortality)
Drug cost
Ademi et al. [52] Australia NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Five-health-state Markov model with 1-year cycle lengths
Perspective: Payer
Time horizon: 10 years
Discount rate: 5% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Scenario analysis Number of hospitalizations
Lee et al. [41] UK and Spain NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Discrete-event simulation model determining risk of hospitalization for HF, new-onset of AF, AEs, treatment discontinuation, and mortality
Perspective: Payers
Time horizon: Lifetime
Discount rate: 3.5% for health outcomes for the UK model and 3% for the Spanish model
QALYs, LYG, costs, ICERs, WTP DSA and PSA Drug cost
Cost of disease management and monitoring
Number of hospitalizations
Thanh et al. [50] Canada Unclear Unclear Core model/adaptation: Adaptation
Study type: Cost utility
Model type: Discrete-event simulation model of hospitalizations, AEs, AF, device implantation, discontinuation, and death
Perspective: Healthcare
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Scenario analysis and OWSA Drug cost
Scale parameters of Weibull distributions estimating time to event of device implantation
CV hospitalization for patients receiving intervention
CADTH [47] Canada NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Discrete-event simulation model of hospitalization, AEs, discontinuation, and AF, resulting in either mortality or device implantation
Perspective: Ministry of Health (governmental)
Time horizon: Lifetime
Discount rate: 5% for both costs and health outcomes
QALYs, LYG, costs, ICERs DSA and PSA Not reported
SMC [35] Scotland Unclear Unclear Core model/adaptation: Core model
Study type: Cost utility
Model type: Discrete-event simulation model
Perspective: NHS
Time horizon: Lifetime
Discount rate: Not reported
QALYs, costs, ICERs Scenario analysis Mortality
AWMSG [31] Wales Unclear Unclear Core model/adaptation: Core model
Study type: Cost utility
Model type: Discrete-event simulation model
Perspective: NHS
Time horizon: Lifetime
Discount rate: 3.5% on both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP OWSA Distribution parameters for CV mortality
Number of HF hospitalizations
Utility decrements associated with age
Weintraub et al. [29] USA Unclear Unclear Core model/adaptation: Core model
Study type: Cost utility
Model type: Trial- and registry-based analysis
Perspective: Societal
Time horizon: 16 months
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Bootstrap analysis Age
Use of blocker treatment after AMI
Use of life-saving interventions
de Pouvourville et al. [61] France Unclear Unclear Core model/adaptation: Adaptation
Study type: Cost utility
Model type: Trial- and registry-based analysis
Perspective: Partially societal
Time horizon: 16 months
Discount rate: 5% for both costs and health outcomes
QALYs, LYG, costs, ICERs PSA Long-term survival
Zhang et al. [30] USA Unclear Unclear Core model/adaptation: Adaptation
Study type: Cost utility
Model type: Trial-based analysis
Perspective: Societal
Time horizon: 16 months
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Not reported Post-trial costs
McKenna et al. [44] UK Unclear Unclear Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with 1-year cycle lengths
Perspective: NHS
Time horizon: Lifetime
Discount rate: 3.5% for both costs and health outcomes
QALYs, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Treatment efficacy
Ollendorf et al. [25] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Payers
Time horizon: Lifetime
Discount rate: Not reported
QALYs, costs, ICERs, WTP, VBP Sensitivity analysis was not specified but established key model drivers Assumed duration of improved outcomes with the intervention (sacubitril/valsartan)
King et al. [23] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model using NYHA disease classification and death to establish health states with 3-month cycle lengths
Perspective: Third-party payer
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP DSA and PSA Probability of CV death
Sandhu et al. [27] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model of hospitalization reasons, ED visit for HF and death, with 1-month cycle lengths
Perspective: Societal
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Survival
Ramos et al. [69] Netherlands NYHA Chronic Core model/adaptation: Adaptation
Study type: Cost utility
Model type: Markov model with a half-cycle correction and 1-month cycle lengths
Perspective: Societal
Time horizon: Lifetime
Discount rate: 4% for costs and 1.5% for health outcomes
QALYs, LYG, costs, ICERs, WTP Scenario analysis Hospitalization
Mortality
van der Pol et al. [75] Netherlands NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with four health states and 1-month cycle lengths
Perspective: Healthcare payer
Time horizon: Lifetime
Discount rate: 4% for costs and 1.5% for health outcomes
QALYs, LYG, costs, ICERs, WTP, VBP Univariate analysis Risk of death
Utility of patients who are not hospitalized
QALYs
NICE [32] England NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with a half-cycle correction and 1-month cycle lengths
Perspective: NHS
Time horizon: Lifetime
Discount rate: 3.5% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Treatment effect
The constant term in the statistical model of all-cause mortality
SMC [33] Scotland NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Two-state, alive and dead, Markov model
Perspective: NHS
Time horizon: Lifetime
Discount rate: Not reported
QALYs, costs, ICERs A range of sensitivity analyses and scenario analysis Survival estimates
Duration of treatment effect
Time horizon
ICER [15] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with 1-month cycle lengths
Perspective: Third-party payer
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP, VBP Sensitivity analysis was not specified but established key model drivers Duration of treatment effect
Price of drug
Varney [46] UK NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: NHS
Time horizon: 5 years
Discount rate: 6% for both costs and health outcomes
LYG, costs, ICERs Sensitivity analysis was not specified but established key model drivers Annual rate of hospitalization
Ekman et al. [62] Sweden NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Societal
Time horizon: 2.3 years
Discount rate: 3% for both costs and health outcomes. Costs occurring within the context of the clinical trial have not been discounted
LYG, costs, ICERs, WTP OWSA Cost of life-years gained
Polistena et al. [73] Italy NYHA Chronic Core model/adaptation: Adaptation
Study type: Cost effectiveness
Model type: Markov model
Perspective: NHS
Time horizon and discount rate: Not reported
QALYs, LYG, costs, ICERs, WTP PSA Not reported
Kansal et al. [22] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with 1-month cycle lengths
Perspective: Payer
Time horizon: 10 years
Discount rate: Not reported
QALYs, LYG, costs, ICERs, WTP PSA Time horizon
Treatment effect on HF hospitalization and mortality
Edwards et al. [39] England NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Alive and dead Markov model, with half-cycle correction and 1-month cycle lengths
Perspective: NHS
Time horizon: Lifetime
Discount rate: 3.5% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP DSA and PSA Treatment effect
SMC [34] Scotland NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model
Perspective: NHS
Time horizon: Lifetime
Discount rate: Not reported
QALYs, costs, ICERs Not reported Not reported
Backhouse et al. [36] UK Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: NHS
Time horizon: 5 years
Discount rate: 6% for both costs and health outcomes
LYG, costs, ICERs Sensitivity analysis was not specified but established key model drivers Long-term survival
Malik et al. [43] UK Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness and cost consequence
Model type: Trial-based analysis
Perspective: NHS
Time horizon: Lifetime
Discount rate: 6% for both costs and health outcomes
ICERs, WTP OWSA Cost of drug
Lamy et al. [24] USA and Canada Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Third-party payer
Time horizon: 4.5 years
Discount rate: 3% for costs
Costs, ICERs, WTP Not reported Not reported
Bjorholt et al. [54] Sweden Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Societal
Time horizon: 4.5 years
Discount rate: 3% for both costs and health outcomes
LYG, costs, ICERs, WTP Not specified Not reported
Beard et al. [37] UK Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: NHS
Time horizon: 5 years
Discount rate: 6% for both costs and health outcomes
LYG, costs, ICERs, WTP Not specified Not reported
Grover et al. [48] Canada NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with 1-year cycle lengths
Perspective: NHS
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
QALYs, LYG, ICERs Not reported Long-term survival
Colombo et al. [57] Italy NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trials-based analysis
Perspective: NHS
Time horizon: 2 years
Discount rate: 3% for both costs and health outcomes
LYG, costs, ICERs Sensitivity analysis was not specified but established key model drivers Hospital admissions
Angus et al. [16] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Societal
Time horizon: 18 months
Discount rate: 3% for both costs and health outcomes
LYG, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Cost of drug
Cost of hospital stay
Borghi et al. [55] multi-country Killip Mixed Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Third-party payer
Time horizon: 12 months
Discount rate: Not reported
Costs, ICERs, WTP Not specified Not reported
Pradelli et al. [68] Italy NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model using NYHA disease classification and death to establish health states with 1-month cycle lengths
Perspective: NHS
Time horizon: 10 years
Discount rate: 3.5% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Hospitalization
Lorgelly et al. [42] UK NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: NHS
Time horizon: 3 years
Discount rate: 3.5% for both costs and health outcomes
LYG, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Cost of statin treatment, hospitalizations and procedures for major CV events
de Lissovoy et al. [18] USA NYHA Acute Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Hospital
Time horizon: Lifetime
Discount rate: Not reported
LYG, costs, ICERs Sensitivity analysis was not specified but established key model drivers Cost of treatment
Long-term survival
de Lissovoy et al. [60] multi-country Unclear Acute Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trials-based analysis
Perspective: Third-party payer
Time horizon: Lifetime
Discount rate: Not reported
Costs, ICERs, WTP Bootstrap analysis Long-term survival
Cleland et al. [56] multi-country Unclear Mixed Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trials-based analysis
Perspective: Third-party payer
Time horizon: 4 years
Discount rate: 3% for both costs and health outcomes
LYG, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Long-term survival
Hospitalization
Sculpher et al. [45] UK NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: NHS
Time horizon: 4 years
Discount rate: 6% for costs and 2% for health outcomes
LYG, costs, ICERs, WTP Sensitivity analysis was not specified but established key model drivers Risk of death
Hospitalization
Delea et al. [19] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Six-state Markov model with 1-month cycle lengths
Perspective: Not reported
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
LYG, costs, ICERs Not specified Not reported
Rosen et al. [26] USA Unclear Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with 1-year cycle lengths
Perspective: Payer
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
LYG, costs, ICERs, WTP OWSA Hazard ratios for RCA, CHF, and MI
Inomata et al. [66] Japan NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Four-state Markov model with 1-month cycle length
Perspective: Payer
Time horizon: Lifetime
Discount rate: 3% for both costs and health outcomes
LYG, costs Not specified Not reported
Gregory et al. [21] USA Unclear Unclear Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial- and registry-based data analyses
Perspective: Not reported
Time horizon: Lifetime
Discount rate: 5% for both costs and health outcomes
LYG, costs, ICERs Sensitivity analysis was not specified but established key model drivers Price of drug
Relative mortality risk
Barry [72] Ireland Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Markov model
Perspective: Healthcare
Time horizon: 10 years
Discount rate: 5% for costs and 1.5% for health outcomes
ICERs OWSA Price of drug
Cowper et al. [58] multi-country Unclear Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Markov model using NYHA disease classification and death to establish health states with 6-month cycle lengths
Perspective: Societal, Medicare, hospital, physician, and patient
Time horizon: 5 years
Discount rate: 3% for both costs and health outcomes
Costs OWSA Clinical efficacy of beta-blockers
Glick et al. [64] multi-country NYHA Mixed Core model/adaptation: Core model
Study type: Cost utility
Model type: Decision analytic model
Perspective: Payers
Time horizon: Not reported
Discount rate: 3% for both costs and health outcomes
QALYs, costs OWSA HF classification
Caro et al. [77] multi-country NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Discrete-event simulation
Perspective: Payer
Time horizon: 2 years
Discount rate: 3% for both health costs and outcomes
Costs Not specified Not reported
Gerhard et al. [20] USA NYHA Unclear Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Decision-tree model
Perspective: Not reported
Time horizon: 6 months
Discount rate: Not reported
LYG, costs, ICERs Not reported Not reported
Dasbach et al. [59] multi-country NYHA Unclear Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Trial-based analysis
Perspective: Third-party payer
Time horizon: Not reported
Discount rate: 3% for both costs and health outcomes
Costs, WTP Sensitivity analysis was not specified but established key model drivers Overall survival
Resource data
Levy et al. [49] Canada Unclear Unclear Core model/adaptation: Adaptation
Study type: Cost effectiveness
Model type: 5-state Markov model with 1-month cycle lengths
Perspective: Payer
Time horizon: 20 years
Discount rate: 3% for both costs and health outcomes
LYG, costs, ICERs PSA Discount rate
Choice of out-of-hospital mortality rate
McMurray et al. [78] NA Unclear Unclear Core model/adaptation: Not reported
Study type: Cost effectiveness
Model type: Survival analysis
Perspective and time horizon: Not reported
Discount rate: 6% for both costs and health outcomes
LYG, costs, ICERs Not specified Not reported
Van Genugten et al. [71] Netherlands Unclear Unclear Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Survival analysis
Perspective: Not reported
Time horizon: Lifetime
Discount rate: 4% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP OWSA and PSA Not reported
Cowie et al. [38] UK NYHA Chronic Core model/adaptation: Core model
Study type: Cost utility
Model type: Markov model with 1-year cycle lengths
Perspective: Payer
Time horizon: Lifetime
Discount rate: 4% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Not specified Not reported
Tilson et al. [74] Ireland Unclear Unclear Core model/adaptation: Adaptation
Study type: Cost effectiveness
Model type: Markov model
Perspective: Payer
Time horizon: 10 years
Discount rate: 5% for both costs and health outcomes
ICERs Not specified Not reported
Kourlaba et al. [67] Greece NYHA Chronic Core model/adaptation: Adaptation
Study type: Cost effectiveness
Model type: Two-state, alive and dead, Markov model
Perspective: Third-party payer
Time horizon: Lifetime
Discount rate: 3.5% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP Scenario analysis Not reported
Banka et al. [17] USA NYHA Unclear Core model/adaptation: Not reported
Study type: Cost effectiveness
Model type: Two-state, alive and dead, Markov model
Perspective: Single payer and healthcare
Time horizon: Lifetime
Discount rate: 3.5% for both costs and health outcomes
QALYs, LYG, costs, ICERs Sensitivity analysis was not specified but established key model drivers Probability of death
Hospitalization
Total costs
Length of HF treatment’s risk reduction on mortality and hospitalization
Yao et al. [76] multi-country NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Markov model with 1-month cycle lengths
Perspective: Payer, NHS
Time horizon: Lifetime
Discount rate: 4% for both costs and health outcomes
QALYs, LYG, costs, ICERs, VBP Scenario analysis Not reported
Griffiths et al. [40] UK NYHA Chronic Core model/adaptation: Core model
Study type: Cost effectiveness
Model type: Two-state Markov model, with 1-month cycle lengths
Perspective: NHS
Time horizon: Lifetime
Discount rate: 4% for both costs and health outcomes
QALYs, LYG, costs, ICERs, WTP DSA and PSA Treatment effect
Vera-Llonch et al. [28] USA NYHA Chronic Core model/adaptation: Core model
Study type: Cost minimization
Model type: Trial-based analysis
Perspective, time horizon, discount rate: NA
Costs Not specified Not reported

AE adverse event, AF atrial fibrillation, AMI acute myocardial infarction, CHF chronic heart failure, CV cardiovascular, DSA deterministic sensitivity analysis, ED emergency department, HF heart failure, ICER incremental cost-effectiveness ratio, LYG life-years gained, MI myocardial infarction, NA not applicable, NHS National Health Service, NYHA New York Heart Association, OWSA one-way sensitivity analysis, PSA probabilistic sensitivity analysis, QALYs quality-adjusted life-years, RCA root cause analysis, VBP value-based pricing, WTP willingness to pay