Annual costs of non-optimized prescription drug therapy, in terms of morbidity and mortality, has been estimated at over $528 billion dollars, where each therapeutic failure costs approximately $2,500 and each drug related adverse reaction costs roughly $2,600.
Data from previous studies was used to model cost-effectiveness of PGx-guided medication management vs. standard of care (SOC) for major depressive disorder treatment. After undergoing PGx testing, providers followed-up with patients at four, eight and 12 weeks. Outcomes evaluated were total costs (direct and indirect), quality-adjusted life years (QALYs) and suicide rates.
• Reduced costs: The model predicted total cost savings of $2,918 in direct and $1,680 in indirect costs in PGx-guided treatment group when compared with SOC.
• Better patient outcomes: The model predicted lower probability of death from suicide (0.328% vs. 0.351%) and higher QALYs (2.07 vs. 1.97) for the PGx group when compared with patients receiving SOC.
For a suicide death to be prevented, approximately 4,300 patients would need to be tested. (p-values not reported in this study)
The team in this study consisted of prescribers, pharmacists, patients and residents. Prescribers referred patients to a clinical pharmacist for comprehensive medication management due to inadequate response to prescribed drugs. If necessary, pharmacogenomic tests were run and the pharmacists provided prescribers dosing recommendations based on these results.
• Reduced costs: Estimated cost avoidance when the study recommendation rate (70.5%) was utilized was $162,031. Cost avoidance with a 100% acceptance rate was $233,945. The mean cost avoidance per actionable drug–gene pair was $1,983 per participant.
After discharge from the inpatient acute care setting, the use of PGx helped decrease emergency department visits and hospital readmissions at 60 days, translating to nearly $4,400 savings per patient.
In a study of polypharmacy in a group of retirees, PGx with clinical decision support resulted in a per-patient-per-month cost savings of approximately $220.30.
When considering the covered lives (N=5288) in the health plan and the 32-month timeframe, direct medical cost savings exceeded $37 million dollars.
A health resource utilization evaluation showed a decrease in outpatient medical visits, emergency department visits, and inpatient hospital days.
In precision medicine, there are a myriad of decisions and actions associated with implementing a pharmacogenomics testing program.
From engaging the patient and obtaining informed consent to partnering with a qualified laboratory to communicating actionable results in a concise easy-to-understand way, it takes the personal touch of a MedGenyx pharmacist to connect those dots and manage the big picture.
Add a PGx test to your suite of options and with the medication expertise of a MedGenyx pharmacist, become a true health partner to your providers / members / employees.
Pharmacogenomics testing can equip your providers with a tool that enhances clinical decision making. The pharmacists at MedGenyx can bring dedicated support to your new or existing PGx program with interpretation assistance, with clinical consults and recommendations.
Pharmacogenomics testing can be integrated into your efforts to improve clinical outcomes and manage costs. It is an innovative solution to differentiate your plan.
Your members / employees' health begins in their genes. By understanding their unique medication metabolizer status, they will have the power to get the right medication at the right dose and at the right time!
Residents in a care home setting are among the most likely to benefit from pharmacogenomics testing.
These patients have the highest incidence of adverse drug reactions and adverse drug events. PGx testing can also support a deprescribing initiative to help mitigate polypharmacy.