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May 27, 2026European Journal of Heart Failure0 citations

Cost-effectiveness of finerenone in heart failure with mildly reduced or preserved ejection fraction – Insights from FINEARTS-HF

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PBPriyanka BoettgerDepartment of Health and Social CareJSJamschid SedighiJustus-Liebig-Universität GießenCSChristian SohnsHeart and Diabetes Center North Rhine-Westphalia

Key Result

Finerenone was not cost-effective over 32 months at U.S. pricing (ICER $473,000/QALY) but was cost-effective over a lifetime horizon in the U.S. ($54,000/QALY) and Germany (cost-saving).

Key Points

  • This research aims to assess the cost-effectiveness of finerenone in patients with heart failure and the influence of analytic time horizon in different healthcare systems.
  • Used data from the FINEARTS-HF trial (N=6,001) to create a cohort-based Markov model for cost-effectiveness analysis.
  • Evaluated both in-trial (32-month) and lifetime cost-effectiveness in the U.S. and Germany.
  • Conducted deterministic and probabilistic sensitivity analysis.
  • Finerenone increased QALYs from 1.874 to 1.911 over 32 months, with an in-trial ICER of $473,000 per QALY in the U.S.
  • Under German pricing, the ICER was €47,800 per QALY, with cost-effectiveness probabilities of 41% at €30,000 and 63% at €50,000 per QALY.
  • Over a lifetime horizon, finerenone showed a discounted QALY increase (7.44 vs. 6.98) with an ICER of $54,000 per QALY in the U.S. and was cost-saving in Germany.

Structured PICO

Is finerenone cost-effective compared to standard care in patients with HFmrEF/HFpEF in the US and Germany?

P
Population
6,001 patients with heart failure with mildly reduced or preserved ejection fraction (HFmrEF/HFpEF) from the FINEARTS-HF trial
I
Intervention
Finerenone
C
Comparator
Standard care (implied by trial-derived event rates)
O
Outcome
Cost-effectiveness (incremental cost-effectiveness ratio [ICER] per QALY) over in-trial (32-month) and lifetime horizonssurrogate

Finerenone is highly cost-effective over a lifetime horizon for patients with HFmrEF/HFpEF in both the US and Germany, despite not being cost-effective over the shorter 32-month trial horizon at US pricing.

Abstract

BACKGROUND: In the FINEARTS-HF trial, finerenone reduced total worsening heart failure (WHF) events and cardiovascular death in patients with heart failure with mildly reduced or preserved ejection fraction (HFmrEF/HFpEF). The cost-effectiveness of finerenone in this population remains unknown. AIMS: To assess the cost-effectiveness of finerenone in HFmrEF/HFpEF and the influence of analytic time horizon in the United States and Germany. METHODS: Using FINEARTS-HF data (N = 6, 001), a cohort-based Markov model evaluated in-trial (32-month) and lifetime cost-effectiveness. Trial-derived event rates informed WHF events and mortality, with long-term survival extrapolated using calibrated life tables. Quality-adjusted life-years (QALYs) were estimated from Kansas City Cardiomyopathy Questionnaire scores. Analyses adopted a U. S. health care sector perspective and a European payer context using German statutory health insurance (GKV) costs. Deterministic and probabilistic sensitivity analysis (PSA) were performed. RESULTS: Over 32 months, finerenone increased QALYs from 1. 874 to 1. 911. In the United States (US), the in-trial incremental cost-effectiveness ratio (ICER) was 473, 000 per QALY, with 95% probability of cost-effectiveness. CONCLUSIONS: In patients with HFmrEF/HFpEF, finerenone was not cost-effective over the trial horizon at U. S. pricing but demonstrated favourable economic value under German pricing. Lifetime analyses indicate cost-effectiveness across healthcare systems, consistent with the long-term clinical benefits observed in the trial (FINEARTS-HF; NCT04435626).

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Cite This Study

Boettger et al. (2026) studied Heart failure with mildly reduced or preserved ejection fraction (HFmrEF/HFpEF) (n=6,001). Finerenone was evaluated on Incremental cost-effectiveness ratio (ICER). Finerenone was not cost-effective over 32 months at U.S. pricing (ICER $473,000/QALY) but was cost-effective over a lifetime horizon in the U.S. ($54,000/QALY) and Germany (cost-saving).

synapsesocial.com/papers/6a168b040c924ddd1bd59d32https://doi.org/10.1093/ejhf/xuag167
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