![]() “Scenarios 1 and 2 use the same approach as the base case, except they use the lower and upper limits of the range in the ADA Standards of Care, and 10 SMBG tests/day, respectively. “The base case compared the annual cost per person for the flash monitoring system with the cost of routine SMBG at 8 tests/day, the mid-point of the range recommended by the ADA,” researchers for the report wrote. Diabetes monitoring habits were based on the ADA standard and two other more lax practices that it reports are common in real life. To determine diabetes management cost savings, researchers crunched the average cost of care numbers for a hypothetical cohort of 1,000 patients. People who use this type of monitoring reported improved satisfaction with their treatment compared to those who use SMBG.īased on the American Diabetes Association (ADA) Standards of Care, people with diabetes that use SMBG techniques should test six or more times a day. The researchers found a 90% decrease in the need for SMBG, as well as decreases in hospital visits and ambulance use. This type of glucose monitoring results in overall positive health outcomes, according to the study. For people with severe hypoglycemia, the study estimated an annual cost of $4,494 for those self-monitoring blood glucose (SMBG) and $2,317 for flash monitoring. The FreeStyle Libre 14-day system is also estimated to save about 50% in average annual medical costs for people with severe hypoglycemia (low blood sugar), according to the study. Whereas, for Type 1 and Type 2 patients who used the FreeStyle Libre 14-day system, it cost $1,712 and $1,603 respectively per year. The study, which used a base of eight tests per day, found the finger prick standard of care cost $4,380 per year. Researchers found that the cost of care for individuals with Type 1 and Type 2 diabetes who used the FreeStyle Libre 14-day system was 61% and 63% less than those who use the fingerstick method. The study's two authors noted that the review was funded by Abbott, and that one author is an employee and shareholder of the company. ![]() The device automatically collects data throughout the day and wirelessly transfers it to a handheld reader or smartphone. A new study published in US Endocrinology found Abbott’s continuous glucose monitoring system, the FreeStyle Libre, demonstrated significant cost savings for diabetic care compared to traditional fingerstick testing.Ībbott’s system uses flash continuous glucose monitoring (CGM) through a sensor placed to the back of the upper arm, and lasts for up to 14 days.
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