Biosimilar Uptake in Academic and Veterans Health Administration Settings: Influence of Institutional Incentives. Issue 7 (5th May 2020)
- Record Type:
- Journal Article
- Title:
- Biosimilar Uptake in Academic and Veterans Health Administration Settings: Influence of Institutional Incentives. Issue 7 (5th May 2020)
- Main Title:
- Biosimilar Uptake in Academic and Veterans Health Administration Settings: Influence of Institutional Incentives
- Authors:
- Baker, Joshua F.
Leonard, Charles E.
Lo Re, Vincent
Weisman, Michael H.
George, Michael D.
Kay, Jonathan - Abstract:
- Abstract : Objective: To compare uptake in the ordering of biosimilars at a Veterans Affairs Medical Center (VAMC) to that at an academic medical center, where institutional incentives for infused medications differ. Methods: We performed a cross‐sectional study of medical record data and estimated institutional financial incentives at 2 medical centers in Philadelphia: 1) the University of Pennsylvania Health System (UPHS), and 2) the local VAMC. All ordering events for filgrastim or infliximab products were quantified over time and stratified according to product (biosimilar versus reference product) and center. Financial incentives to the institutions over time were determined based on actual drug costs for the VAMC and average sales prices (ASPs) and Medicare Part B reimbursement rates for UPHS. Results: There were 15, 761 infusions of infliximab at UPHS, of which 99% were for the reference product. There was a sharper decline in the use of reference products at the VAMC; 62% of the 446 infliximab infusions ordered at the VAMC were for the reference product. ASPs were consistently lower for biosimilar infliximab products, but the estimated institutional financial incentives remained similar over time for biosimilar and reference infliximab at UPHS. At the VAMC, the costs for 100‐mg vials of reference infliximab and infliximab‐abda were $623.48 and $115.58, respectively: a $507.90 (81%) savings per vial. Conclusion: The uptake of infliximab biosimilars has been slow at anAbstract : Objective: To compare uptake in the ordering of biosimilars at a Veterans Affairs Medical Center (VAMC) to that at an academic medical center, where institutional incentives for infused medications differ. Methods: We performed a cross‐sectional study of medical record data and estimated institutional financial incentives at 2 medical centers in Philadelphia: 1) the University of Pennsylvania Health System (UPHS), and 2) the local VAMC. All ordering events for filgrastim or infliximab products were quantified over time and stratified according to product (biosimilar versus reference product) and center. Financial incentives to the institutions over time were determined based on actual drug costs for the VAMC and average sales prices (ASPs) and Medicare Part B reimbursement rates for UPHS. Results: There were 15, 761 infusions of infliximab at UPHS, of which 99% were for the reference product. There was a sharper decline in the use of reference products at the VAMC; 62% of the 446 infliximab infusions ordered at the VAMC were for the reference product. ASPs were consistently lower for biosimilar infliximab products, but the estimated institutional financial incentives remained similar over time for biosimilar and reference infliximab at UPHS. At the VAMC, the costs for 100‐mg vials of reference infliximab and infliximab‐abda were $623.48 and $115.58, respectively: a $507.90 (81%) savings per vial. Conclusion: The uptake of infliximab biosimilars has been slow at an academic medical center compared to a nearby VAMC, where financial savings are realized by the institution from its use. Slow adoption of biosimilar medications may impact the rates of decline in costs. … (more)
- Is Part Of:
- Arthritis & rheumatology. Volume 72:Issue 7(2020)
- Journal:
- Arthritis & rheumatology
- Issue:
- Volume 72:Issue 7(2020)
- Issue Display:
- Volume 72, Issue 7 (2020)
- Year:
- 2020
- Volume:
- 72
- Issue:
- 7
- Issue Sort Value:
- 2020-0072-0007-0000
- Page Start:
- 1067
- Page End:
- 1071
- Publication Date:
- 2020-05-05
- Subjects:
- Arthritis -- Periodicals
Rheumatism -- Periodicals
616.72 - Journal URLs:
- http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)2326-5205 ↗
http://onlinelibrary.wiley.com/ ↗ - DOI:
- 10.1002/art.41277 ↗
- Languages:
- English
- ISSNs:
- 2326-5191
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 1733.820000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 13351.xml