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.
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- Composite OutcomeTermCombined Outcome, Multi-Component Outcome
- An outcome combining two or more distinct events into a single measure, counted as occurring if any one component event takes place.
- Composite Value ScoreTermAggregate Value Score, Overall Value Index
- A single, aggregated numerical score combining multiple value criteria, such as clinical benefit and cost, into an overall value assessment.
- Computer Vision HealthTermMedical Computer Vision, Health Image Analysis
- The application of artificial intelligence enabling computers to interpret visual information, such as medical images, for diagnostic image analysis tasks.
- Computerized Order EntryTermCPOE, Computerised Provider Order Entry
- A system letting providers enter medical orders directly into a computer rather than on paper, often integrated with decision support.
- Concentration CurveConceptLorenz-Type Curve, Cumulative-Share Curve
- A concentration curve plots the cumulative share of a health variable against the cumulative share of the population ranked from poorest to richest.
- Concentration IndexConceptSocioeconomic Inequality Index
- The concentration index measures socioeconomic inequality in a health variable; a negative value means it is disproportionately held by the poor.
- Concurrent QueryTermConcurrent Coding Query, Real-Time Query
- A request from a documentation specialist to a treating physician, made while a patient is still hospitalised, seeking clarification on documentation.
- Concurrent ReviewTermContinued Stay Review, In-Patient Utilisation Review
- A utilisation management assessment conducted while a patient is actively receiving care, evaluating whether continued treatment remains medically necessary.
- Concurrent Risk AdjustmentConceptSame-Period Risk Adjustment, Concurrent Risk Model
- A risk adjustment method using diagnoses observed in the same period costs are predicted for, unlike prospective adjustment using prior period data.
- Concurrent TherapyTermConcomitant Therapy, Simultaneous Treatment
- Two or more treatments administered during the same overlapping time period, unlike treatments given in sequence one after another.
- Condition IndexConceptCondition Indices, Collinearity Condition Index, Conditioning Index
- A condition index is the ratio of the largest singular value of a scaled regression design matrix to another singular value, used to assess near-linear dependence among predictors.
- Condition of ParticipationTermCoP, Participation Requirement
- A specific health and safety standard a provider must meet to be eligible for reimbursement from a government health programme.
- Condition PaymentTermCondition-Based Payment, Per-Condition Bundle
- A payment arrangement in which a fixed amount covers a specific medical condition's treatment over a defined period, regardless of individual services required.
- Condition-Specific MeasureTermDisease-Specific Measure, Condition-Specific Instrument
- A health status instrument designed to capture outcomes relevant to a particular disease, unlike a generic instrument applicable across all conditions.
- Conditional ApprovalTermEU Conditional Authorisation, Approval Under Conditions
- An EU regulatory pathway granting market authorisation for an unmet need based on less comprehensive data, subject to further studies within a set timeframe.
- Conditional CoverageTermProvisional Coverage, Managed Access Coverage, Coverage with Evidence Development
- A decision to cover a new technology provisionally, subject to collecting further evidence confirming its value within a set timeframe.
- Conditional LogicTermConditional Rules, If-Then Logic
- The rules embedded within a decision-analytic model determining how a variable or pathway depends on the values of other variables or events.
- Conditional ProbabilityConceptConditional Chance, Probability Given an Event
- Conditional probability is the probability of an event within the restricted set of outcomes in which a specified conditioning event has occurred.
- Conditional RecommendationTermDiscretionary Recommendation, Conditional GRADE Recommendation
- Within frameworks such as GRADE, a recommendation indicating benefits probably outweigh harms but with less certainty, giving patient preferences a larger role.
- Conditional ReimbursementTermOutcomes-Based Reimbursement, Provisional Reimbursement
- A coverage arrangement in which a payer reimburses a treatment provisionally, subject to collecting further evidence confirming its value within a set timeframe.
- Confidence EllipseTermJoint Confidence Region, CE-Plane Ellipse
- A graphical region, typically on a cost-effectiveness plane, showing where the true joint value of incremental cost and effect is expected to fall.
- Confidence IntervalConceptCI Statistics, Frequentist Interval
- A confidence interval gives a range of parameter values that are compatible with the observed data under a specified statistical model and confidence procedure.
- Confidence Interval EstimationConceptCI Calculation, Interval Estimate Construction
- The statistical process of calculating a range of plausible values for an unknown parameter based on sample data and a specified confidence level.
- Confidential DiscountTermPrivate Discount, Undisclosed Rebate
- A price reduction negotiated privately between a manufacturer and payer, keeping a higher public list price while offering a lower net price.
- Confidential PriceTermActual Net Price, Net Transaction Price
- The actual net price paid for a treatment following a confidential discount, differing from and typically lower than the publicly disclosed list price.
- Confidential PricingTermConfidential Discount Arrangement, Undisclosed Pricing
- An arrangement keeping the actual negotiated price for a treatment private between manufacturer and payer, rather than publicly disclosed.
- ConfidentialityTermInformation Privacy Duty, Patient Privacy Duty
- The ethical and legal obligation to protect a patient's personal health information from unauthorised disclosure.
- Confirmatory Factor AnalysisConceptCFA, Confirmatory Factor Modelling
- Confirmatory factor analysis tests a prespecified measurement model in which observed variables are linked to hypothesised latent factors and the implied relationships are compared with data.
- Confirmatory TrialTermPost-Approval Verification Trial, Confirmatory Study
- A trial conducted after accelerated approval based on a surrogate endpoint, verifying the anticipated clinical benefit using a more definitive, patient-relevant outcome.
- ConfounderTermConfounding Variable, Confounding Factor
- A variable associated with both the exposure being studied and the outcome of interest, without being a step in the causal pathway between them.
- ConfoundingTermConfounded Association, Third-Variable Bias
- A distortion in the estimated association between an exposure and an outcome caused by a third variable related to both.
- Confounding by AggregationTermAggregation Confounding, Group-Level Confounding
- A form of confounding arising when data analysed at group level rather than individual level mixes within-group and between-group effects together.
- Confounding by IndicationTermIndication Bias, Channelling Bias
- Confounding in pharmacoepidemiology arising when the reason for prescribing a treatment is itself linked to a patient's underlying risk of the outcome studied.
- Conjoint AnalysisConceptConjoint Study, Attribute Trade-Off Study
- Conjoint analysis is a family of stated preference methods estimating how people value treatment or service attributes from ratings, rankings or choices.
- Connected DeviceTermConnected Health Device, Networked Medical Device
- A medical or health monitoring device with wireless connectivity, transmitting data to systems such as health records for remote monitoring.
- Connected NetworkTermConnected Evidence Network, Linked Evidence Network
- A set of trials that together link every treatment of interest to every other through a chain of direct comparisons.
- Consensus BuildingTermConsensus Development, Stakeholder Agreement Process
- A structured process of working toward broad stakeholder agreement, used to reach conclusions widely accepted as legitimate and well-reasoned.
- Consent CapacityTermDecision-Making Capacity, Capacity to Consent
- An individual's clinical ability to understand information, appreciate consequences, and communicate a choice, the foundational requirement for valid consent.
- Consent for TreatmentTermTreatment Consent, Clinical Consent
- The process by which a patient agrees to a proposed intervention after being given sufficient information to make an informed decision.
- ConsequentialityTermPerceived Policy Influence, Response Consequence Belief
- The extent to which respondents in a stated preference survey believe their answers could influence a real policy or funding outcome.
- ConsistencyTermDirect-Indirect Agreement, Network Coherence
- Within network meta-analysis, the property that direct and indirect evidence for the same treatment pair agree with one another.
- Consistency AssessmentTermCross-Study Consistency Check, Homogeneity Assessment
- An evaluation of whether an intervention's estimated effect is similar across the different studies contributing to a body of evidence.
- Consolidated BillingTermBundled Facility Billing, Consolidated Claims
- A billing requirement mandating certain post-acute facilities bill for most services a resident receives, including outside consultants, rather than separate billing.
- Consolidation TherapyTermConsolidation Treatment, Post-Induction Therapy
- A treatment given after successful induction therapy has reduced disease burden, intended to eliminate remaining disease and reduce relapse risk.
- Constant HazardConceptTime-Invariant Hazard, Flat Hazard
- A constant hazard is an assumption that the instantaneous rate of a specified event among those still at risk remains unchanged over a defined period.
- Constant Sum AllocationTermFixed-Total Allocation, Points Distribution Method
- A health state valuation method in which respondents distribute a fixed total, often one hundred points, across health states by relative desirability.
- Constrained OptimisationConceptConstrained Optimization, Bounded Optimisation
- Constrained optimisation identifies the best attainable value of an objective while requiring the decision variables to satisfy resource, policy, clinical or mathematical restrictions.
- Construct ValidityConceptConstruct Soundness, Theoretical-Concept Validity
- Construct validity is how well a health measure's scores fit hypotheses about what it measures, such as links to other measures or group differences.
- Consumer AssessmentTermConsumer Survey, Patient Perspective Survey
- A standardised survey methodology measuring patients' or consumers' perspectives on care received, covering communication quality and timeliness.
- Consumer ChoiceConceptConsumer Selection, Consumer Decision-Making
- Consumer choice is the economic theory of how people choose goods and services, including health care, to best satisfy their preferences within a budget.