earth: early assessment of expected return of new ... · study case: telemedicine patient...

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Ph.d.Student/HTAconsultant, MSc. in Economics, Iben Fasterholdt Department for Quality, Research/HTA Odense University Hospital, Denmark International Digital Health and Care Congress London, 10th of September 2014 EARTH: Early assessment of expected return of new innovative medical technologies in hospitals Study case: telemedicine patient briefcase

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Page 1: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Ph.d.‐Student/HTA‐consultant, MSc. in Economics, Iben Fasterholdt

Department for Quality, Research/HTA

Odense University Hospital, Denmark

International Digital Health and Care CongressLondon, 10th of September 2014

EARTH: Early assessment of expected return of new innovative medical technologies in hospitals

Study case: telemedicine patient briefcase

Page 2: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Bagground: Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Supervisors PhD: Kjeld Møller Pedersen (COHERE), Kristian Kidholm + Knud Yderstræde (CIMT)

Setting:• 5,5 million, 5 region• OUH 1/10 of Danish HCS

HealthTechnologyAssessment‐unit at OUH

Page 3: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Imagine…

AgendaObjective ‐ Context ‐Methods ‐ Results ‐ Q&A

Page 4: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Hospital Director: We face a similar challenge• A crowd of new technologies and treatments  

– good and bad ones• Costs and effects are unknown, e.g. no 

information about cost effectiveness before research is finished after 1 – 3 years

ObjectiveTo early assess how cost effective (sea‐worthy) an innovative medical technology is expected to be

Treatments New Devices

Page 5: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Hype Cycle Theory • Technology phases: • Invention to (perhaps) effective usage 

• Early forecasting (candid expectations up front) may:

• Identify and eliminate bad projects earlier

• Shortcut: steer more clear of obstacles – on course

Page 6: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

The consequence model ‐ Early decision support can highly impact decisions! 

Source: page 35 in (Krogerus 2012)).

Page 7: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Methods ‐ Phase 1 to 4

Literature review: 1) forecasting theories in pharma/medical device 

industry 2) cognitive biases

Interviews with industry/academic 

experts

Develop a forecasting 

model for IMTs in a pilot stage

Assess predictive abilities of model

Retrieve and produce data for validating model

Rare access to data about KPIs over time

Page 8: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Preliminary results from reviews (1/3) 

Forecasting Theories: Bayesian Methods• Bayes’ Theorem: combine prior information with current information (evidence) on a quantity of interest

• Must update the captain of the ship frequently and efficiently about all changes to sailing conditions!

Page 9: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Preliminary results from reviews (2/3)  

Cognitive biases • Survivorship bias (technological hype) • Hindsight bias • Etc.

Solution• Take biases into account designing EARTH (help enhance rational predictions / assessments)

• Bayesian Methods makes sure we don’t forget the past (counter hindsight bias by building an “evidence bank” of deviations over time, e.g. for size of target group)

<= Ulysses contracts  (not common in economic evaluation ‐ but PAP in clinical research)

Page 10: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Preliminary results from reviews (3/3)  

Example: Confirmation‐bias 

Essence: Synthesize various methods (those you have seen + more to come!) to create an effective early 

evaluation of technologies in hospitals

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MiniHTA (hospital based HTA)• Weak handling of uncertainty / change in knowledge + ”1.shot”‐exercise

MAST ‐Model for ASsessment of Telemedicine• Remember the consequence model… => Room to augment “preceding considerations”

Kidholm et al. “A model for assessment of telemedicine applications – MAST”.                                      International Journal of Technology Assessment in Health Care, 28:1 (2012), 44–51.

What is new in EARTH? – compared to the evaluation‐toolbox used at hospitals today 

Page 12: EARTH: Early assessment of expected return of new ... · Study case: telemedicine patient briefcase. Bagground:Health Economist (HTA, miniHTA, business cases, CEA). Focus: telemedicine

Contact: [email protected]

Conclusion: EARTHs mission is to help hospitals “to kill your darlings” early

Technologies