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SI-BONE Minimally Invasive Sacroiliac Joint Fusion Could Save Medicare an Estimated $660 Million
Date:11/25/2013

SAN JOSE, Calif., Nov. 25, 2013 /PRNewswire/ -- SI-BONE, Inc. (San Jose, California), a medical device company that pioneered the use of the iFuse Implant System®, a minimally invasive surgical (MIS) device used to fuse the sacroiliac (SI) joint, announced today the publication of an economic analysis entitled "Comparison of the Costs of Nonoperative Care to Minimally Invasive Surgery for Sacroiliac Joint Disruption and Degenerative Sacroiliitis in a United States Medicare Population:  Potential Economic Implications of a New Minimally-Invasive Technology."   The study, which included development of an economic model and a review of approximately 300,000 Medicare health insurance claims, concluded that lifetime costs of treating appropriately selected Medicare patients with MIS SI joint fusion could result in savings from $660 million to as much as $4 billion when compared to the lifetime costs of non-operative care.1

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The authors developed an economic model to simulate the lifetime costs of treating Medicare patients with minimally invasive SI joint fusion in the hospital inpatient setting and compared it to the costs of treating similar patients with nonoperative care as determined by a retrospective claims data analysis using the Medicare 5% Standard Analytic File for years 2005 through 2010.  The analysis, which showed a potential savings of $660 million, included patients with a limited number of diagnosis codes in order to conservatively estimate the total population of patients with SI joint disorders.  Based on this analysis, 196,452 Medicare beneficiaries had an SI joint diagnosis resulting in an estimated lifetime cost for nonoperative care of $51,543 per patient compared to an estimated lifetime
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SOURCE SI-BONE, Inc.
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