4.2 Article

Cost awareness amongst irish ophthalmologists

Journal

IRISH JOURNAL OF MEDICAL SCIENCE
Volume -, Issue -, Pages -

Publisher

SPRINGER LONDON LTD
DOI: 10.1007/s11845-023-03332-7

Keywords

Costs; Healthcare Economics; Ophthalmology; Sustainability

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An anonymous survey was conducted to assess the awareness of Irish ophthalmologists regarding the cost of commonly utilized clinical items. The results showed that despite the majority agreeing on the importance of cost in item usage, the average estimation error was 124% and less than 50% of responses were within 50% of the true cost. The study demonstrates variable and limited levels of cost awareness among ophthalmologists, with seniority and self-perceived knowledge not necessarily associated with better estimation accuracy.
BackgroundHealthcare systems have increasingly limited and stretched budgets. Clinicians have a key role in budget allocation. Awareness of the costs of high-use clinical items is important.AimsAssess awareness of the cost of commonly utilised clinical items amongst Irish OphthalmologistsMethodsIrish ophthalmologists were contacted and asked to fill out an anonymous survey. We assessed knowledge of hospital costs of surgical materials, medications and anti VEGF drugs as well as retail pharmacy costs of commonly prescribed medications. The cost of items to the hospital was recorded from pharmacy and ward order receipts from a single university hospital. The costs of items to the patient were calculated by taking an average of 3 prices charged by local retail pharmacies. For each estimate we calculated the absolute error from the true price. We calculated the mean absolute errors (MAE) and percentage errors (MAPE) across the different groups.ResultsWe received responses from 47 participants (15 Senior House Officers, 11 Registrars, 21 Consultant/Community Ophthalmologists). Despite 70% of respondents agreeing that the cost of an item should have a major role in its use, the average estimate was 124% inaccurate. Less than 50% of responses were within 50% of the true cost of the item. Self-perceived knowledge was acknowledged to be limited or very limited in 73% of responses.ConclusionsWe demonstrate variable and limited levels of cost awareness. Seniority and better self-perceived knowledge were not found to be associated with better estimate accuracy.

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