Please use this identifier to cite or link to this item: https://doi.org/10.1097/JOM.0b013e318229aae4
Title: Direct and indirect costs and potential cost savings of laparoscopic adjustable gastric banding among obese patients with diabetes
Authors: Finkelstein, E.A. 
Allaire, B.T.
Dibonaventura, M.D.
Burgess, S.M.
Issue Date: Sep-2011
Citation: Finkelstein, E.A., Allaire, B.T., Dibonaventura, M.D., Burgess, S.M. (2011-09). Direct and indirect costs and potential cost savings of laparoscopic adjustable gastric banding among obese patients with diabetes. Journal of Occupational and Environmental Medicine 53 (9) : 1025-1029. ScholarBank@NUS Repository. https://doi.org/10.1097/JOM.0b013e318229aae4
Abstract: Objective: To estimate the time to breakeven and 5-year net costs for laparoscopic adjustable gastric banding among obese patients with diabetes taking direct and indirect costs into account. Methods: Indirect cost savings were generated by quantifying the cross-sectional relationship between medical expenditures and absenteeism and between medical expenditures and presenteeism (reduced on-the-job productivity) and simulating indirect cost savings based on these multipliers and reductions in direct medical costs available in the literature. Results: Time to breakeven was estimated to be nine quarters with and without the inclusion of indirect costs. After 5 years, net savings increase from $26570 (±$9000) to $34160 (±$ 10380) when indirect costs are included. Conclusion: This study presented a novel approach for incorporating indirect costs into cost-benefit analyses. Application to gastric banding revealed that inclusion of indirect costs improves the financial outlook for the procedure. © 2011 by American College of Occupational and Environmental Medicine.
Source Title: Journal of Occupational and Environmental Medicine
URI: http://scholarbank.nus.edu.sg/handle/10635/128627
ISSN: 10762752
DOI: 10.1097/JOM.0b013e318229aae4
Appears in Collections:Staff Publications

Show full item record
Files in This Item:
There are no files associated with this item.

SCOPUSTM   
Citations

26
checked on Jun 15, 2018

WEB OF SCIENCETM
Citations

27
checked on May 23, 2018

Page view(s)

20
checked on May 31, 2018

Google ScholarTM

Check

Altmetric


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.