New Data from Landmark Study Shows Cost-Effectiveness of Medtronic Life-Saving CRT-D Therapy in Mildly Symptomatic Heart Failure Patients
MINNEAPOLIS & BOSTON--(BUSINESS WIRE)--May. 11, 2012-- Medtronic, Inc. (NYSE: MDT) today announced findings from an economic analysis of the landmark RAFT (Resynchronization / Defibrillation in...
Presented today at Heart Rhythm 2012, the Heart Rhythm Society’s 33rd Annual Scientific Sessions, the RAFT economic analysis is the only study to demonstrate cost-effectiveness in conjunction with the significant mortality benefit of CRT-D in mildly symptomatic heart failure patients. It complements the expansive body of clinical evidence for CRT-D illustrating the benefits of the Medtronic CRT-D portfolio of devices, as shown previously in the
In the RAFT economic analysis, patients who received CRT-D were estimated to gain more than one quality-adjusted life year (1.07) at an additional cost of
“The large-scale RAFT trial has provided us with a wealth of clinical insight into the overall benefits of CRT-D in treating mild heart failure, proving that this advanced therapy significantly decreases mortality and reduces heart failure hospitalization rates with an economic value to the healthcare system as a whole,” said
Approximately 6 million people in
Last month, the
“The recent
The economic analysis assessed the healthcare-related costs and QALYs of 1,798 patients randomized to receive CRT-D or ICD therapy extrapolated across a lifetime horizon, which was facilitated by an economic model that combined RAFT patient data with long-term data on the longevity of the medical devices. Cost in regard to QALYs was discounted at 3 percent per year. Healthcare-related costs examined included the treatment device (plus any replacements), hospitalization (both cardiovascular and non-cardiovascular related), pharmaceutical treatments, physician visits and long-term care, and were calculated using U.S. expenditures.
About the RAFT Trial
The RAFT trial, sponsored by the
In collaboration with leading clinicians, researchers and scientists,
About
Any forward-looking statements are subject to risks and uncertainties such as those described in Medtronic’s periodic reports on file with the
1 The Economic Argument for Disease Prevention: Distinguishing Between Value & Savings. Partnership for Prevention.
2
Source:
Medtronic, Inc.
Kathleen Janasz
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