Modeling Long-Term Life Expectancy And Associated Medical Costs For Acute Myeloid Leukaemia (AML) Patients

Published Mar 31, 2014
York, UK - Acute myeloid leukaemia (AML) is an aggressive cancer, with treatments ranging from supportive care (mainly blood product transfusion) to intensive chemotherapy and stem cell transplantation. These treatments can be expensive, particularly when the costs of managing toxicities and relapse are included. Despite the potentially long-term economic burden of this on health resources, there have been no attempts to accurately predict the long-term medical costs for this disease alongside patients’ response to therapy and life expectancy. A team of researchers at the University of York recently addressed these issues by developing a hybrid model combining a decision tree with several Markov models. This approach uses population-based data from a specialist UK registry - the Haematological Malignancy Research Network (www.HMRN.org). Expected five-year medical costs and life expectancy ranged from £8,170 to £81,636 and 3.03 to 34.74 months respectively, highlighting the heterogeneity of this disease. This innovative approach of using data from a population-based study, rather than a randomized controlled trial, accurately reflects current clinical practice. This is particularly important when evaluating the cost-effectiveness of new interventions and determining the efficient allocation of health resources. Han-I Wang, lead author of the study said, “This robust model could be used to evaluate new treatments for AML, potentially enabling policy makers to make more informed decisions.” The full study, “Long-Term Medical Costs and Life Expectancy of Acute Myeloid Leukemia: A Probabilistic Decision Model” is published inValue in Health.

Value in Health (ISSN 1098-3015) publishes papers, concepts, and ideas that advance the field of pharmacoeconomics and outcomes research as well as policy papers to help health care leaders make evidence-based decisions. The journal is published bi-monthly and has over 8,000 subscribers (clinicians, decision makers, and researchers worldwide).

International Society for Pharmacoeconomics and Outcomes Research (ISPOR) is a nonprofit, international, educational and scientific organization that strives to increase the efficiency, effectiveness, and fairness of health care resource use to improve health.

For more information: www.ispor.org

Related Stories

The Ozempic Paradox: How Spending Billions on Weight-Loss Drug Would Actually Reduce Overall Medicare Costs

Oct 14, 2025

Value in Health, the official journal of ISPOR—The Professional Society for Health Economics and Outcomes Research, announced today the publication of a landmark study by researchers at the University of Washington, Curta, Inc, and the University of North Carolina showing that broad Medicare coverage of semaglutide in diabetes, obesity, and liver disease could generate significant cost savings while delivering substantial health benefits to beneficiaries. The report, “Comprehensive Access to Semaglutide: Clinical and Economic Implications for Medicare,” was published in the October 2025 issue of Value in Health.

ISPOR Launches New Content on Whole Health

Sep 23, 2025

ISPOR announced that it has launched new website content on whole health, a topic of increasing importance as health systems across the globe grapple with providing the best possible healthcare to patients within constrained budgets.

Landmark Analysis in Value in Health Uncovers Potential Research Efficiency Gains

Sep 15, 2025

Value in Health, the official journal of ISPOR announced the publication of a landmark scoping review that provides a comprehensive mapping of patient preference studies across key medical domains, revealing the first robust evidence base for advancing meta-analyses and benefit transfer methods in healthcare decision-making.
Your browser is out-of-date

ISPOR recommends that you update your browser for more security, speed and the best experience on ispor.org. Update my browser now

×