It is claimed by Theranos that their cost per test is much lower (in the order of 10%) compared to the cost of centralized laboratories. In fact, the reagents/consumables costs of centralized laboratories are, in general, likely much lower than those of Theranos. For example, the cost of the reagent alone for running a commonly ordered test (i.e., glucose) is <1 cent. The majority of centralized laboratory costs are related to overhead and personnel costs, rather than the technology itself [7]. Also, it would not be appropriate to calculate costs per test based on multiparametric panels. For example, if a 30 analyte profile costs $30, the cost per test will be a $1 per test, but if the other 29 tests are not necessary, there is no benefit of running more tests. In fact, as I have explained in detail elsewhere [8], panel profiling, which was introduced in the 1970s as a way of identifying early biochemical changes of disease in asymptomatic individuals, had been abandoned in the 1980s, not so much for the cost. It has long been realized that with multiparametric testing, approximately 5% of results will be false positives, i.e., test results outside the reference intervals, in otherwise normal subjects. This is due to the definition of reference intervals, as being values between the 2.5 and 97.5 percentile of a reference (normal) population. The high cost of investigating seemingly abnormal results in normal people, and the added anxiety of patients, has led to the complete replacement of such biochemical profiling with what is now known as “discrete testing”. In the latter, tests are performed by the testing laboratory, only if requested specifically by the physician.
It could be concluded that biochemical profiling of asymptomatic individuals with batteries of tests is not necessarily a good idea, and it could actually lead to harm instead of benefits, as outlined in detail elsewhere [9].
Some other seemingly advantageous aspects of the Theranos technology have been highlighted by its CEO in public media interviews [10]. For example, it is mentioned that for each test requested for a centralized laboratory, a separate tube of blood is necessary. This is not accurate. Currently, with a 7 mL tube of blood, 10–100 analytes can be routinely measured by conventional technologies.
It has further been claimed that “with inexpensive and easy access of the information running through their veins, people will have an unprecedented window on their own health. A new generation of diagnostic tests could allow them to head off serious afflictions from cancer, to diabetes, to heart disease” [10].
This is not the first time that such claims have been made and, in fact, some prominent scientists [11, 12] and organizations, such as Google [13] are currently exploring this possibility. Proponents believe that extensive biochemical testing could identify early and asymptomatic disease, in hopes that early intervention can improve patient outcomes. In my previous analysis of this issue [8], I highlighted the fact that any multiparametric testing algorithm will identify at least one, and maybe more, false positive parameters (i.e., abnormal results in otherwise normal people). More importantly, with emerging high-throughput genomic testing, genetic changes will be identified, but of unknown clinical significance [14]. Genetic changes may not accurately predict disease predisposition as most diseases are also (more) influenced by environmental factors [15]. I highlighted earlier that false positive results may require invasive procedures to delineate, thus harming many patients instead of helping them [9]. I further suggested than even if we had effective screening diagnostic procedures for identifying serious diseases, such as cancer, problems of false positives and of finding abnormalities of unknown significance (incidental findings), may lead to more harm than good of the tested patients. This is why even the most high-profile screening programs for cancer, such as breast, prostate, lung and ovarian, are still highly controversial regarding overall patient benefit [16–19]. We can also consider that contrary to what was believed until recently, intensive and radical treatments do not necessarily lead to better clinical outcomes, in comparison to later and less-intensive treatments [20–22]. The problems of over-testing, over-diagnosis and over-treatment have been analyzed in more detail by this author in other forums [8, 9].
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