Objectives: To analyze the cost-utility of oral dabigatran etexilate, enoxaparin sodium injection, and no intervention for venous thromboembolism (VTE) prophylaxis after total hip or knee replacement (THR/TKR) surgery among Thai patients.

Methods: A cost-utility analysis using a decision tree model was conducted using societal and healthcare payers’ perspectives to simulate relevant costs and health outcomes covering a 3-month time horizon. Costs were adjusted to year 2014. The willingness-to-pay threshold of THB 160,000 (USD 4,926) was used. One-way sensitivity and probabilistic sensitivity analyses using a Monte Carlo simulation were performed.

Results: Compared with no VTE prophylaxis, dabigatran and enoxaparin after THR and TKR surgery incurred higher costs and increased quality adjusted life years (QALYs). However, their incremental cost-effectiveness ratios were high above the willingness to pay. Compared with enoxaparin, dabigatran for THR/TKR lowered VTE complications but increased bleeding cases; dabigatran was cost-saving by reducing the costs (by THB 3,809.96 (USD 117.30) for THR) and producing more QALYs gained (by 0.00013 for THR). Dabigatran (vs. enoxaparin) had a 98% likelihood of being cost effective.

Conclusions: Dabigatran is cost-saving compared to enoxaparin for VTE prophylaxis after THR or TKR under the Thai context. However, both medications are not cost-effective compared to no thromboprophylaxis.