Introduction of the tools for economic analysis of patient management interventions in heart failure costing tool a user-friendly spreadsheet program to estimate costs of providing patient-centered interventions

Shelby D. Reed, Yanhong Li, Shital Kamble, Daniel E. Polsky, Felicia L. Graham, Margaret T. Bowers, Gregory P. Samsa, Sara Paul, Kevin A. Schulman, David J. Whellan, Barbara J. Riegel

Research output: Contribution to journalArticle

Abstract

Background-Patient-centered health care interventions, such as heart failure disease management programs, are under increasing pressure to demonstrate good value. Variability in costing methods and assumptions in economic evaluations of such interventions limit the comparability of cost estimates across studies. Valid cost estimation is critical to conducting economic evaluations and for program budgeting and reimbursement negotiations. Methods and Results-Using sound economic principles, we developed the Tools for Economic Analysis of Patient Management Interventions in Heart Failure (TEAM-HF) Costing Tool, a spreadsheet program that can be used by researchers and health care managers to systematically generate cost estimates for economic evaluations and to inform budgetary decisions. The tool guides users on data collection and cost assignment for associated personnel, facilities, equipment, supplies, patient incentives, miscellaneous items, and start-up activities. The tool generates estimates of total program costs, cost per patient, and cost per week and presents results using both standardized and customized unit costs for side-by-side comparisons. Results from pilot testing indicated that the tool was well-formatted, easy to use, and followed a logical order. Cost estimates of a 12-week exercise training program in patients with heart failure were generated with the costing tool and were found to be consistent with estimates published in a recent study. Conclusions-The TEAM-HF Costing Tool could prove to be a valuable resource for researchers and health care managers to generate comprehensive cost estimates of patient-centered interventions in heart failure or other conditions for conducting high-quality economic evaluations and making well-informed health care management decisions.

Original languageEnglish (US)
Pages (from-to)113-119
Number of pages7
JournalCirculation: Cardiovascular Quality and Outcomes
Volume5
Issue number1
DOIs
StatePublished - Jan 1 2012
Externally publishedYes

Fingerprint

Heart Failure
Economics
Costs and Cost Analysis
Cost-Benefit Analysis
Delivery of Health Care
Research Personnel
Patient-Centered Care
Negotiating
Disease Management
Motivation
Heart Diseases
Exercise
Education
Pressure
Equipment and Supplies

Keywords

  • Computing methodologies
  • Disease management
  • Health care costs
  • Heart failure

ASJC Scopus subject areas

  • Cardiology and Cardiovascular Medicine

Cite this

Introduction of the tools for economic analysis of patient management interventions in heart failure costing tool a user-friendly spreadsheet program to estimate costs of providing patient-centered interventions. / Reed, Shelby D.; Li, Yanhong; Kamble, Shital; Polsky, Daniel E.; Graham, Felicia L.; Bowers, Margaret T.; Samsa, Gregory P.; Paul, Sara; Schulman, Kevin A.; Whellan, David J.; Riegel, Barbara J.

In: Circulation: Cardiovascular Quality and Outcomes, Vol. 5, No. 1, 01.01.2012, p. 113-119.

Research output: Contribution to journalArticle

Reed, Shelby D. ; Li, Yanhong ; Kamble, Shital ; Polsky, Daniel E. ; Graham, Felicia L. ; Bowers, Margaret T. ; Samsa, Gregory P. ; Paul, Sara ; Schulman, Kevin A. ; Whellan, David J. ; Riegel, Barbara J. / Introduction of the tools for economic analysis of patient management interventions in heart failure costing tool a user-friendly spreadsheet program to estimate costs of providing patient-centered interventions. In: Circulation: Cardiovascular Quality and Outcomes. 2012 ; Vol. 5, No. 1. pp. 113-119.
@article{4a942b728e094ee78d263d76fbf69874,
title = "Introduction of the tools for economic analysis of patient management interventions in heart failure costing tool a user-friendly spreadsheet program to estimate costs of providing patient-centered interventions",
abstract = "Background-Patient-centered health care interventions, such as heart failure disease management programs, are under increasing pressure to demonstrate good value. Variability in costing methods and assumptions in economic evaluations of such interventions limit the comparability of cost estimates across studies. Valid cost estimation is critical to conducting economic evaluations and for program budgeting and reimbursement negotiations. Methods and Results-Using sound economic principles, we developed the Tools for Economic Analysis of Patient Management Interventions in Heart Failure (TEAM-HF) Costing Tool, a spreadsheet program that can be used by researchers and health care managers to systematically generate cost estimates for economic evaluations and to inform budgetary decisions. The tool guides users on data collection and cost assignment for associated personnel, facilities, equipment, supplies, patient incentives, miscellaneous items, and start-up activities. The tool generates estimates of total program costs, cost per patient, and cost per week and presents results using both standardized and customized unit costs for side-by-side comparisons. Results from pilot testing indicated that the tool was well-formatted, easy to use, and followed a logical order. Cost estimates of a 12-week exercise training program in patients with heart failure were generated with the costing tool and were found to be consistent with estimates published in a recent study. Conclusions-The TEAM-HF Costing Tool could prove to be a valuable resource for researchers and health care managers to generate comprehensive cost estimates of patient-centered interventions in heart failure or other conditions for conducting high-quality economic evaluations and making well-informed health care management decisions.",
keywords = "Computing methodologies, Disease management, Health care costs, Heart failure",
author = "Reed, {Shelby D.} and Yanhong Li and Shital Kamble and Polsky, {Daniel E.} and Graham, {Felicia L.} and Bowers, {Margaret T.} and Samsa, {Gregory P.} and Sara Paul and Schulman, {Kevin A.} and Whellan, {David J.} and Riegel, {Barbara J.}",
year = "2012",
month = "1",
day = "1",
doi = "10.1161/CIRCOUTCOMES.111.962977",
language = "English (US)",
volume = "5",
pages = "113--119",
journal = "Circulation: Cardiovascular Quality and Outcomes",
issn = "1941-7713",
publisher = "Lippincott Williams and Wilkins",
number = "1",

}

TY - JOUR

T1 - Introduction of the tools for economic analysis of patient management interventions in heart failure costing tool a user-friendly spreadsheet program to estimate costs of providing patient-centered interventions

AU - Reed, Shelby D.

AU - Li, Yanhong

AU - Kamble, Shital

AU - Polsky, Daniel E.

AU - Graham, Felicia L.

AU - Bowers, Margaret T.

AU - Samsa, Gregory P.

AU - Paul, Sara

AU - Schulman, Kevin A.

AU - Whellan, David J.

AU - Riegel, Barbara J.

PY - 2012/1/1

Y1 - 2012/1/1

N2 - Background-Patient-centered health care interventions, such as heart failure disease management programs, are under increasing pressure to demonstrate good value. Variability in costing methods and assumptions in economic evaluations of such interventions limit the comparability of cost estimates across studies. Valid cost estimation is critical to conducting economic evaluations and for program budgeting and reimbursement negotiations. Methods and Results-Using sound economic principles, we developed the Tools for Economic Analysis of Patient Management Interventions in Heart Failure (TEAM-HF) Costing Tool, a spreadsheet program that can be used by researchers and health care managers to systematically generate cost estimates for economic evaluations and to inform budgetary decisions. The tool guides users on data collection and cost assignment for associated personnel, facilities, equipment, supplies, patient incentives, miscellaneous items, and start-up activities. The tool generates estimates of total program costs, cost per patient, and cost per week and presents results using both standardized and customized unit costs for side-by-side comparisons. Results from pilot testing indicated that the tool was well-formatted, easy to use, and followed a logical order. Cost estimates of a 12-week exercise training program in patients with heart failure were generated with the costing tool and were found to be consistent with estimates published in a recent study. Conclusions-The TEAM-HF Costing Tool could prove to be a valuable resource for researchers and health care managers to generate comprehensive cost estimates of patient-centered interventions in heart failure or other conditions for conducting high-quality economic evaluations and making well-informed health care management decisions.

AB - Background-Patient-centered health care interventions, such as heart failure disease management programs, are under increasing pressure to demonstrate good value. Variability in costing methods and assumptions in economic evaluations of such interventions limit the comparability of cost estimates across studies. Valid cost estimation is critical to conducting economic evaluations and for program budgeting and reimbursement negotiations. Methods and Results-Using sound economic principles, we developed the Tools for Economic Analysis of Patient Management Interventions in Heart Failure (TEAM-HF) Costing Tool, a spreadsheet program that can be used by researchers and health care managers to systematically generate cost estimates for economic evaluations and to inform budgetary decisions. The tool guides users on data collection and cost assignment for associated personnel, facilities, equipment, supplies, patient incentives, miscellaneous items, and start-up activities. The tool generates estimates of total program costs, cost per patient, and cost per week and presents results using both standardized and customized unit costs for side-by-side comparisons. Results from pilot testing indicated that the tool was well-formatted, easy to use, and followed a logical order. Cost estimates of a 12-week exercise training program in patients with heart failure were generated with the costing tool and were found to be consistent with estimates published in a recent study. Conclusions-The TEAM-HF Costing Tool could prove to be a valuable resource for researchers and health care managers to generate comprehensive cost estimates of patient-centered interventions in heart failure or other conditions for conducting high-quality economic evaluations and making well-informed health care management decisions.

KW - Computing methodologies

KW - Disease management

KW - Health care costs

KW - Heart failure

UR - http://www.scopus.com/inward/record.url?scp=84860826899&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=84860826899&partnerID=8YFLogxK

U2 - 10.1161/CIRCOUTCOMES.111.962977

DO - 10.1161/CIRCOUTCOMES.111.962977

M3 - Article

C2 - 22147884

AN - SCOPUS:84860826899

VL - 5

SP - 113

EP - 119

JO - Circulation: Cardiovascular Quality and Outcomes

JF - Circulation: Cardiovascular Quality and Outcomes

SN - 1941-7713

IS - 1

ER -