Annual Evaluation Report 2014/15
The Annual Evaluation Report provides an overview of our progress and key achievements for the 2014/15 financial year, as well as our ongoing contribution towards improving health and economic outcomes for all Australians. The information contained in this report is used to understand what the organisation has achieved and where and how improvements can be made to ensure better health outcomes.
Highlights from the Annual Evaluation Report 2014-2015
- The PBS savings reported in 2015, representing data for the 2013-14 financial year, totalled $69.24 million.
- NPS MedicineWise quality use of diagnostic programs delivered $11.60 million savings from reduced expenditure on CT scans for the period July 2013 to February 2015, and $21.45 million savings for reduced expenditure on vitamin D tests for the period November 2013 to October 2014;
- A cost benefit analysis found that for every $1 invested in the NPS MedicineWise program ‘Balancing benefits and harms of antipsychotic therapy’, $2.40 in benefits was generated, including 177 averted strokes and a 7.3% reduction in modelled PBS prescription volume for those aged over 70 year with an estimated saving of over $4 million as well as over $2 million in savings for state hospitals;
- GPs who participated in the ‘Promoting safe use of medicines in older people’ program were significantly more knowledgeable than those who did not participate regarding some of the triggers for reviewing a patient's medicine. Significantly more GPs who participated in the program (64%) correctly stated they would always consider withdrawing benzodiazepines when there is a decline in a patient's cognition and psychomotor skills, compared to GPs who did not (54%); and
- A retrospective cohort study using linked data sets showed that the NPS MedicineWise hypertension management program resulted in the intervention group being less likely to be initiated fixed dose combination antihypertensive drugs than the control group.
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