A 10-year economic analysis of HIV management in Greece: evidence of efficient resource allocation. (1st February 2022)
- Record Type:
- Journal Article
- Title:
- A 10-year economic analysis of HIV management in Greece: evidence of efficient resource allocation. (1st February 2022)
- Main Title:
- A 10-year economic analysis of HIV management in Greece: evidence of efficient resource allocation
- Authors:
- Athanasakis, Kostas
Naoum, Vasiliki
Naoum, Panagiota
Nomikos, Nikos
Theodoratou, Dorina
Kyriopoulos, John - Abstract:
- Abstract: Objective: Human Immunodeficiency Virus (HIV) prevalence has substantially increased over the years, leading to increased direct medical costs. The aim of the present study was to assess the long-term cost of HIV care in Greece incurred over the last decade. Methods: In order to assess the long-term cost of HIV care, a cost analysis was undertaken for three discrete time points (which reflect major changes in the HIV treatment paradigm), incorporating the evolution of the cost of pharmaceuticals, hospitalization, primary care visits and diagnostic tests. The cost per life year gained (LYG) was also estimated. Results: Total cost of HIV care increased by 57% over the last decade (€53.7 million in 2010 vs €84.5 million in 2019), which can be mainly attributed to a 107% (5084 in 2010 vs. 10, 523 in 2019) increase observed in the number of people living with HIV (PLWH) under care. As a result, the cost per person on treatment has decreased by 24.0% (€10, 567 in 2010 vs €8032 in 2019). Lifetime cost was lower and life expectancy higher in 2019 compared to 2010, leading to a – €711 cost per LYG, suggesting that the current treatment paradigm produces better health outcomes at a lower cost compared to a decade ago, implying that resources are used in a more efficient way. Conclusion: The paper presents some evidence towards the direction that HIV management in Greece can be considered efficient in both clinical and financial terms, as it offers measurable clinicalAbstract: Objective: Human Immunodeficiency Virus (HIV) prevalence has substantially increased over the years, leading to increased direct medical costs. The aim of the present study was to assess the long-term cost of HIV care in Greece incurred over the last decade. Methods: In order to assess the long-term cost of HIV care, a cost analysis was undertaken for three discrete time points (which reflect major changes in the HIV treatment paradigm), incorporating the evolution of the cost of pharmaceuticals, hospitalization, primary care visits and diagnostic tests. The cost per life year gained (LYG) was also estimated. Results: Total cost of HIV care increased by 57% over the last decade (€53.7 million in 2010 vs €84.5 million in 2019), which can be mainly attributed to a 107% (5084 in 2010 vs. 10, 523 in 2019) increase observed in the number of people living with HIV (PLWH) under care. As a result, the cost per person on treatment has decreased by 24.0% (€10, 567 in 2010 vs €8032 in 2019). Lifetime cost was lower and life expectancy higher in 2019 compared to 2010, leading to a – €711 cost per LYG, suggesting that the current treatment paradigm produces better health outcomes at a lower cost compared to a decade ago, implying that resources are used in a more efficient way. Conclusion: The paper presents some evidence towards the direction that HIV management in Greece can be considered efficient in both clinical and financial terms, as it offers measurable clinical outcomes at well-controlled, almost inelastic spending. … (more)
- Is Part Of:
- Current medical research and opinion. Volume 38:Number 2(2022)
- Journal:
- Current medical research and opinion
- Issue:
- Volume 38:Number 2(2022)
- Issue Display:
- Volume 38, Issue 2 (2022)
- Year:
- 2022
- Volume:
- 38
- Issue:
- 2
- Issue Sort Value:
- 2022-0038-0002-0000
- Page Start:
- 265
- Page End:
- 271
- Publication Date:
- 2022-02-01
- Subjects:
- HIV -- HIV care -- cost analysis -- efficiency -- disease management -- HIV cost
Clinical medicine -- Periodicals
Therapeutics -- Periodicals
615.5 - Journal URLs:
- http://informahealthcare.com ↗
- DOI:
- 10.1080/03007995.2021.2015158 ↗
- Languages:
- English
- ISSNs:
- 0300-7995
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 3500.301000
British Library DSC - BLDSS-3PM
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- 20766.xml