Navigation Links
Genetic Testing Can Help the US Cut Costs and Improve Health Care
Date:7/25/2011

WASHINGTON, July 25, 2011 /PRNewswire-USNewswire/ -- Genetic testing made possible by the mapping of the human genome can help the US cut costs and create jobs while at the same time improving survival rates for such diseases as cancer, HIV, and heart disease.

This according to Alan Mertz, president of the American Clinical Laboratory Association (ACLA): "Genetic testing is going to be a powerful and increasingly important tool in helping public and private payers get control of over-utilization and inappropriate utilization of health care resources," said Mertz in a recent presentation to the Marwood Group, a health care advisory and financial services company.

"An estimated $30 billion - $110 billion every year could be saved by using genetic tests to select the drug that precisely matches the genetic fingerprint of the patient," said Mertz.

Every year, the US spends about $300 billion on pharmaceuticals, he explained. But studies show that anywhere from 20% to 75% of patients do not respond to drug therapy, often due to drug interactions or incorrect dosing. Roughly half of the time, it is due to a molecular mismatch between the patient and the pharmaceutical, said Mertz.  

"But if we provide patients with more targeted therapy — based upon their own, unique genomic profile — we have clear potential to address some of this inappropriate care," he added.

Mertz cited examples where genetic tests both improve health outcomes and health economics:  In breast cancer, 30% of women have an overabundance of the HER2 protein. Regular chemotherapy will not help them, but a drug called Herceptin does. Genetic testing lets doctors know which patients will respond to the drug, which has been shown to reduce the risk of death by 33% and the risk of recurrence by 52%. The resulting cost savings is $24,000 per patient.

Similarly, genetic tests help physicians select the right drug for patients with metastatic colon cancer, thus avoiding ineffective treatment and reducing adverse events. "According to one estimate, the US health care system could save $700 million annually if test were done before prescribing the drug," said Mertz.

Using genetic tests to select the right dose of the most common blood thinner, warfarin, could save a whopping $1.1 billion annually, according to a 2006 Brookings/AEI estimate, Mertz said. A study from June 2010 in the Journal of the American College of Cardiology reported that use of the test could reduce hospitalizations from inaccurate dosing by 31%.

Mertz also cited a recently released Battelle report that found that between 1988 and 2010, human genome sequencing projects -- which includes genetic testing -- generated $796 billion in US economic output, $244 billion in personal income for Americans, and 3.8 million job-years of employment.

"Genetic testing offers new tools to help us manage disease and use our health care resources wisely," said Mertz. "It also opens a world of economic potential in jobs, growth, and output."

The American Clinical Laboratory Association represents the nation's clinical reference laboratories. For more information go to: www.clinical-labs.org/


'/>"/>
SOURCE American Clinical Laboratory Association
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Harvard Medical School-Partners HealthCare Center for Genetics and Genomics Successfully Completes Evaluation of AutoGenomics 2C9-VKORC1 Panel to Assess Warfarin Sensitivity
2. Harvard Medical School-Partners HealthCare Center for Genetics and Genomics Successfully Completes Evaluation of AutoGenomics 2C9-VKORC1 Panel to Assess Warfarin Sensitivity
3. Genetics Determine Optimal Drug Dose of Common Anticoagulant
4. CellCyte Genetics Corp. Enters Collaborative Research Agreement With Cleveland Clinic Foundation to Qualify Stem Cell Delivery in Damaged Heart Tissue
5. Targeted Genetics Reports on Recombinant DNA Advisory Committee (RAC) Review of its Phase 1/2 Trial of tgAAC94 for Rheumatoid Arthritis
6. Genetic Differences Predict Anti-Inflammatory Benefits From Nutritional Products
7. 454 Sequencing(TM) in Science Today: Researchers Uncover a Genetic Basis for Different Social Behaviors in Wasps
8. deCODE Launches deCODE MI(TM) -- A Test for a Major Genetic Risk Factor for Early-onset Heart Attack
9. Preimplantation Genetic Diagnosis International Society Refutes American Society of Reproductive Medicine Opinion - States Preimplantation Genetic Screening is Beneficial When Performed in Experienced Centers
10. American Fertility Association Calls for Expanded Research to Advance New Technology to Screen Embryos for Genetic Abnormalities
11. Groundbreaking Study Proves Personalized Diet Based on Genetics Leads to Significant Advances in Long Term Weight Management and Blood Glucose Levels
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/28/2016)... 2016  The blood testing market in ... Kalorama Information and The Freedonia Group in a recent ... testing.  The healthcare research firm said that ... collection stations and in improving testing at the provincial ... Blood Testing Market in China , ...
(Date:4/28/2016)... -- , Net Sales of $1.90 billion represent an ... year period, and an increase of 1.2% on an adjusted ... the first quarter were $0.52 reported, a decrease of 47.5% ... of 29.9% over the prior year period , The ... 2016 Zimmer Biomet Holdings, Inc. (NYSE and SIX: ...
(Date:4/28/2016)... 28, 2016 Oramed Pharmaceuticals Inc. (NASDAQ: ... company focused on the development of oral drug delivery systems, ... PIONEERS 2016 conference, presented by Joseph Gunnar & ... New York . Nadav Kidron , CEO ... Presentation Details:   PIONEERS 2016, ...
Breaking Medicine Technology:
(Date:5/2/2016)... PA (PRWEB) , ... May 02, 2016 , ... As ... Healthsystem Association of Pennsylvania (HAP) issues its full support to allow certified nurse practitioners ... physician supervision after they have worked under such supervision for three years and 3,600 ...
(Date:5/2/2016)... ... 2016 , ... Amica Life Insurance Company has unveiled ... various life stages. , The site launched on April 1, and it has ... to the times when life insurance matters most. , “Through our research, we ...
(Date:5/2/2016)... (PRWEB) , ... May 02, 2016 , ... Dr. Philip ... his patients with same day treatments. In the past, many necessary dental treatments could ... work, along with multiple anesthetic shots and extra chair time. Not only could this ...
(Date:5/2/2016)... ... 2016 , ... Further establishing itself as a leader in natural pet products ... Boxes were selected from over 1,000 entrants as a winner and recipient of the ... chews for dogs are a favorite product among pet-parents worldwide, as each whimsical knobby ...
(Date:5/2/2016)... NEW PORT RICHEY, Fla. (PRWEB) , ... ... ... Pharmacology experts and medical researchers report that many commonly used prescription medications, ... memory loss (1). To mitigate these risks, Novus Medical Detox Center ...
Breaking Medicine News(10 mins):