Development of the PICCOTEAM reference case for economic evaluation of precision medicine
Chen, Wenjia and Butani, Dimple and Wang, Yi and Bouttell, Janet and Juang, Yah Ru and Scuffham, Paul and Grutters, Janneke P.C. and Morton, Alec and Wee, Hwee-Lin and Ngeow, Joanne and Shotelersuk, Vorasuk and Zhang, Yue and Mien Lim, Laura Huey and Teerawattananon, Yot (2025) Development of the PICCOTEAM reference case for economic evaluation of precision medicine. International Journal of Health Policy and Management, 14 (1). 8756. ISSN 2322-5939 (https://doi.org/10.34172/ijhpm.8756)
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Abstract
Background: Current economic evaluations (EEs) of precision medicine (PM) often adhere to generic reference cases (RCs) which overlook the unique healthcare paradigms of PM. This study aimed to develop an RC to standardize the conduct and reporting of EEs of PM. Methods: A working group comprising 5 core health economists, 22 PM experts, and research staff from Singapore, Thailand, the Netherlands, UK, and Australia who were actively engaged in EE and clinical PM implementation. The RC development comprised four stages: (1) Expert consultation shaping the RC’s scope and structure across nine domains: Population, Intervention, Comparator, Cost, Outcome, Time, Equity and ethics, Adaptability, and Modelling (ie, “PICCOTEAM” framework); (2) A comprehensive literature review on current PM EE approaches and challenges; (3) Obtaining expert consensus and drafting recommendations; (4) A workshop for RC refinement based on stakeholder feedback on relevance and feasibility. Following an experts’ workshop, consensus was reached to tailor PM recommendations for screening, diagnosis, and pharmacogenomics, market-access, and early EEs. Results: The PICCOTEAM RC offers 46 recommendations for conventional EEs to guide PM reimbursement, emphasizing expert engagement, iterative study processes, disease-specific outcomes, decision uncertainty analyses, and equity considerations. Additionally, 30 recommendations are provided for early-stage evaluation to enhance PM’s positioning and value proposition, mitigating uncertainty, equity, and ethical issues. Conclusion: The PICCOTEAM RC offers a standardized process to conduct and report diverse PM EEs. This will serve as guidance for health departments, researchers, clinicians, editors, and reviewers. Pilot testing and continuous updates are recommended for ongoing relevance and applicability of this RC.
ORCID iDs
Chen, Wenjia, Butani, Dimple, Wang, Yi, Bouttell, Janet, Juang, Yah Ru, Scuffham, Paul, Grutters, Janneke P.C., Morton, Alec
ORCID: https://orcid.org/0000-0003-3803-8517, Wee, Hwee-Lin, Ngeow, Joanne, Shotelersuk, Vorasuk, Zhang, Yue, Mien Lim, Laura Huey and Teerawattananon, Yot;
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Item type: Article ID code: 94260 Dates: DateEvent4 August 2025Published4 August 2025Published Online2 August 2025Accepted13 August 2024SubmittedSubjects: Medicine > Medicine (General)
Social Sciences > Industries. Land use. Labor > Management. Industrial Management
Medicine > Public aspects of medicine > Public health. Hygiene. Preventive Medicine
Science > Natural history > GeneticsDepartment: Strathclyde Business School > Management Science Depositing user: Pure Administrator Date deposited: 23 Sep 2025 11:09 Last modified: 06 May 2026 10:08 URI: https://strathprints.strath.ac.uk/id/eprint/94260
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