A health economic evaluation usually refers to a specific medical device. However, TLV may perform several health economic evaluations in parallel to cover a group of medical devices.
In a health economic evaluation, the costs, and clinical effects upon use of the evaluated medical device are compared to the costs and clinical effects upon use of a relevant comparator with regard to Swedish conditions. For more guidance on the content of a health economic evaluation, please read the TLV´s general advice on economic evaluations (only available in Swedish). Link is in the green box "Related information".
The basis for a health economic evaluation, performed by TLV, is mainly information submitted by the company that provides the medical device to be evaluated. The company’s submission should contain information about the medical device, how and for which patients it is intended to be used. The companies' dossier should also contain a health economic analysis, where costs and revenues are related to clinical effects in relation to a relevant comparator. The clinical effect can be supported by published literature, but also yet unpublished data and/or studies. TLV may also, if necessary, add data to the investigation from other sources, e.g., evaluations from other countries and/or scientific studies.
The time needed for a health economic evaluation, counted from the order to the delivery of a report to the Medical Technology Product Council (MTP-rådet) varies and is e.g. dependent on the time that the concerned company needs to submit information to TLV. Preferably, the TLV's processing time, counted from the company’s submission to delivery of a report, should not exceed 180 days.
Based on the health economic evaluation by TLV, the ethical platform for prioritization in healthcare and potentially other relevant sources of information, the Medical Technology Product Council (MTP-rådet) may issue a national recommendation to the regional councils regarding the use of the evaluated medical device.