Dictionary

The Dictionary provides concise definitions of health economics terms, arranged alphabetically for quick reference. Use it to understand unfamiliar terminology or confirm the meaning of a specific term.

101–150 of 230 terms in A

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All-Inclusive RateTermAll-Inclusive Payment, Global Rate, Comprehensive Episode Rate
A single, comprehensive payment amount covering all services during a defined care episode, such as a per diem hospital rate.
All-Payer SystemTermAll-Payer Rate Setting, Uniform-Rate System
A financing arrangement where all payers, public or private, reimburse providers at the same uniformly set rate for a given service.
Allergy AlertTermAllergy Warning, Drug Allergy Warning
A computerised notification warning a prescriber that a proposed medication conflicts with a patient's documented allergy.
Allergy EconomicsTermEconomics of Allergy, Allergic Disease Economics
The application of health economic evaluation to allergic conditions, covering environmental and food allergies and allergen immunotherapy.
Alliance ModelTermAlliance Contracting, Collaborative Alliance
A health system arrangement where multiple independent organisations formally collaborate while retaining autonomy, coordinating around shared objectives such as purchasing power.
Allocation ConcealmentTermConcealed Allocation, Allocation Masking
A safeguard in randomised trials ensuring the assignment sequence is unknown to those enrolling participants until after enrolment, preventing selection bias.
Allocative DistortionTermAllocative Inefficiency, Resource Misallocation
A departure from the efficient allocation of resources across competing uses, typically caused by market failure, regulation, or mispriced goods.
Allocative EfficiencyConceptAllocative Optimality, Value-Maximising Allocation
Allocative efficiency is the assignment of scarce resources among competing uses so that no feasible reallocation can improve the stated social objective.
Allocative Efficiency MeasureTermAllocative Efficiency Indicator, Value-Allocation Measure
A quantitative indicator assessing whether resources within a health system are directed toward the combination of services producing the greatest total health benefit.
Allowed AmountTermAllowed Charge, Recognised Payment
The maximum an insurer will recognise as payment for a service under its provider contracts, which may be less than the amount billed.
Alma-Ata DeclarationTermDeclaration of Alma-Ata, Alma-Ata 1978
An influential 1978 international declaration formally articulating primary healthcare as the foundation of an effective health system, essential to health for all.
Alpha SpendingConceptError Spending
Alpha spending is a group sequential trial method that spreads the type I error rate (alpha) across interim and final analyses as information accrues.
Alteration of ConsentTermConsent Alteration, Modified Consent
A modification to the standard consent process, such as omitting information, permitted under specific conditions where it would not harm participant welfare.
Alternative HypothesisTermH1, Research Hypothesis
In hypothesis testing, the specific claim tested against the null hypothesis, typically representing a genuine effect the researcher is trying to detect.
Alzheimer DiseaseTermAlzheimer's Disease, Alzheimer Dementia
A progressive neurodegenerative condition and the most common cause of dementia, marked by gradual decline in memory, cognition, and independence.
AMA DischargeTermDischarge Against Medical Advice, Self-Discharge
A hospital discharge occurring against medical advice, where a patient chooses to leave before clinicians recommend, despite informed risk disclosure.
Ambulatory CareTermOutpatient Care, Ambulatory Services
Healthcare services delivered on an outpatient basis without an overnight stay, covering office visits, same-day procedures, and diagnostic testing.
Ambulatory Payment ClassificationTermAPC, Outpatient Payment Grouping
A US Medicare outpatient classification system grouping clinically similar services expected to require similar resource use into a common payment category.
Ambulatory Surgery CentreTermASC, Day-Surgery Unit
A specialist facility providing same-day surgical procedures not requiring overnight stay, typically at lower cost than an equivalent hospital procedure.
AMCP DossierTermAcademy of Managed Care Pharmacy Dossier, AMCP Format Dossier
A standardised submission format from the Academy of Managed Care Pharmacy for presenting evidence to US managed care organisations and PBMs.
AMR Economic BurdenTermResistance Cost Burden
The total economic cost attributable to antimicrobial resistance, covering increased treatment costs, longer hospital stays, and lost productivity from resistant infections.
Anaemia EconomicsTermAnemia Economics, Economics of Anaemia
The application of health economic evaluation to anaemia, comparing treatments from iron supplementation through more advanced therapies for chronic-disease-related cases.
Anaesthesia ConsentTermAnesthesia Consent, Anaesthetic Consent
The specific informed consent process addressing the risks, benefits, and alternatives of the anaesthesia component of a procedure.
Anaesthesiology EconomicsTermAnesthesiology Economics, Economics of Anaesthesia
The application of health economic evaluation to anaesthesiology, covering technique selection, staffing models, and their impact on surgical outcomes and recovery.
Analysis ErrorConceptAnalytic Error, Analysis Mistake
A mistake introduced during statistical or economic analysis, such as incorrect model specification, leading to inaccurate conclusions despite correct underlying data.
Analytic EpidemiologyTermAnalytical Epidemiology, Hypothesis-Testing Epidemiology
A branch of epidemiology testing specific hypotheses about disease causes by comparing exposed and unexposed groups to estimate measures of association.
Anatomical Therapeutic Chemical (ATC) ClassificationTermATC, ATC Classification, ATC Code
A drug classification system organising medications by the organ system they act on, therapeutic intent, and chemical characteristics, used internationally.
Anchor-Based MIDTermAnchor-Based Minimal Important Difference, Anchor-Based Threshold
An approach to estimating the minimal important difference by comparing changes in an outcome measure against an external anchor, such as a patient's global rating.
Anchoring BiasTermStarting Point Bias, Initial Value Effect
In stated preference research, the tendency for a respondent's stated willingness to pay to be influenced by an initial value shown during elicitation.
Anchoring Bias in ElicitationTermElicitation Anchoring, Expert Anchoring Bias
The tendency for an expert's numerical judgement in a structured elicitation to be disproportionately swayed by an initial reference value shown to them.
Anchoring ConceptTermAnchoring Heuristic, Anchor Bias Effect
A cognitive bias in which an initial piece of information disproportionately influences subsequent judgements, even when arbitrary.
Annual CostTermYearly Cost, Annual Treatment Cost
The total expense of a treatment or condition over a one-year period, a standardised basis for comparing chronic treatment costs.
Annual LimitTermYearly Benefit Cap, Annual Benefit Limit
A cap on the total amount an insurance plan will pay for covered services within a year, beyond which the enrollee pays.
Annual MaximumTermYearly Maximum Benefit, Maximum Annual Payout
The highest total amount an insurance plan will pay toward an enrollee's covered costs within a year, beyond which costs fall to them.
Annuity PaymentConceptInstalment Payment, Installment Payment, Amortised Payment
Annuity payment is an agreement to pay for a one-off therapy in yearly instalments, not upfront, with later ones sometimes stopping if the therapy fails.
AnonymizationTermAnonymisation, Irreversible De-Identification
The process of removing identifying information from a dataset so individuals can no longer be identified, even indirectly, unlike reversible de-identification.
Anonymous ReportingTermConfidential Reporting, Whistleblower Reporting
A mechanism allowing individuals to report suspected compliance violations without revealing their identity, encouraging reporting by reducing fear of retaliation.
Antenatal Care CoverageTermANC Coverage, Prenatal Care Coverage
A measure of the proportion of pregnant women receiving recommended prenatal visits, a tracer indicator for universal health coverage.
Anti-Kickback StatuteTermAKS, Federal Anti-Kickback Law
A US federal law prohibiting exchanges of value for patient referrals reimbursable under federal healthcare programmes.
Antibiotic StewardshipTermPrudent Prescribing, Stewardship Programme
A coordinated set of strategies optimising antibiotic prescribing to improve outcomes, reduce resistance, and cut unnecessary healthcare costs.
Anticoagulation EconomicsTermAnticoagulant Economics, DOAC Economics
The application of health economic evaluation to anticoagulation care as a whole, including medication choice alongside monitoring services and dose management.
Antifungal EconomicsTermAntifungal Drug Economics, Economics of Antifungals
The application of health economic evaluation to fungal infection medications, comparing older, cheaper agents against newer, often costlier antifungal treatments.
Antihypertensive EconomicsTermAntihypertensive Drug Economics, Blood-Pressure Medication Economics
The application of health economic evaluation to blood pressure medications, comparing drug classes and combinations on cost and long-term cardiovascular risk reduction.
Antimicrobial EconomicsTermAnti-Infective Economics, Economics of Antimicrobials
The broad application of health economic evaluation to medications treating bacterial, viral, fungal, and parasitic infections.
Antimicrobial ResistanceConceptAMR, Antibiotic Resistance
The reduced susceptibility of a microorganism to an antimicrobial medicine that would otherwise inhibit or kill it, potentially making an infection harder to treat.
Antiparasitic EconomicsTermAntiparasitic Drug Economics, Economics of Antiparasitics
The application of health economic evaluation to parasitic infection medications, from common intestinal parasites to more severe diseases such as malaria.
Antiplatelet EconomicsTermAntiplatelet Drug Economics, Economics of Antiplatelets
The application of health economic evaluation to antiplatelet medications preventing clot formation, weighing cost and bleeding risk against reduced cardiovascular events.
Antithetic VariatesConceptAntithetic Sampling, Antithetic Variables
Antithetic variates are a variance reduction method that pairs each random draw with its mirror image so errors tend to cancel in Monte Carlo simulation.
Antiviral EconomicsTermEconomics of Antivirals, Anti-Viral Economics
The application of health economic evaluation to viral infection medications, spanning influenza through chronic viral hepatitis and HIV.
Anxiety Disorder CostTermCost of Anxiety, Anxiety Burden
The total economic burden of anxiety disorders, covering direct treatment costs, lost workplace productivity, and broader impacts on quality of life.