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.
C
- Consumer ParticipationTermPatient and Public Involvement, Consumer Involvement
- The involvement of patients, carers, and the public in assessment and health policy decision-making processes.
- Consumer Price IndexTermCPI, Consumer Price Measure
- A measure of the average change over time in prices paid by consumers for a fixed basket of goods and services.
- Consumer SurplusConceptConsumer's Surplus, Buyer Surplus
- Consumer surplus is the most that buyers would pay for a good or service minus what they pay, measured as the area under the demand curve above the price.
- Consumer-Directed Health PlanTermCDHP, High-Deductible Consumer Plan
- A plan design combining a high-deductible policy with a tax-advantaged savings account, giving enrollees greater direct financial responsibility over spending.
- Contact CoverageTermPopulation Contact Reach, First-Contact Uptake
- A measure of the proportion of a target population that has received at least one contact with a specific service, an early coverage step.
- Contact RateConceptContact Frequency, Mixing Rate
- Contact rate is the expected number of defined, potentially transmission-relevant encounters an individual has per unit time in an infectious-disease model.
- Contact TracingTermExposure Tracing, Case Contact Follow-Up
- A public health practice identifying, assessing, and managing individuals who may have been exposed to an infectious disease, interrupting further transmission.
- Content ValidityTermContent Soundness, Domain Representativeness
- The degree to which an instrument's items comprehensively and appropriately represent the full domain of the concept being measured.
- ContextualizationTermContextualisation, Evidence Adaptation to Setting
- The process of interpreting and adapting external evidence to reflect the specific clinical, economic, and organisational context of a decision-making body.
- Contingency FeeTermContingent Fee, Recovery-Based Fee
- A payment structure in which a contractor is compensated based on a percentage of funds recovered through auditing, rather than a fixed fee.
- Contingent ValuationConceptCV Survey, Stated WTP Survey
- Contingent valuation is a stated-preference method that uses a structured hypothetical market to estimate how much people are willing to pay for a benefit or willing to accept as compensation for a loss.
- Contingent Valuation MethodConceptCVM, Stated-Preference Valuation
- The contingent valuation method elicits a monetary value for a specified nonmarket health-related change by asking people what they would pay or accept in a carefully described hypothetical scenario.
- Continuing Care RetirementTermCCRC, Continuing Care Community
- A residential model combining independent living, assisted living, and nursing care in one community, letting residents change care level without relocating.
- Continuity DesignTermCoverage Continuity Provisions, Transition Protection
- Provisions within an insurance plan intended to ensure enrollees maintain uninterrupted coverage and access to existing providers when transitioning between plans.
- Continuity of CareTermCare Continuity, Continuous Care Relationship
- The degree to which a patient experiences consistent, coordinated care over time, through an ongoing provider relationship or effective information transfer.
- Continuous CoverageTermUninterrupted Coverage, Gap-Free Coverage
- A period during which an individual has maintained insurance without a significant gap, sometimes a qualifying condition for guaranteed issue rights.
- Continuous Glucose MonitoringTermCGM, Real-Time Glucose Monitoring
- A diabetes technology continuously tracking blood glucose through a sensor, giving more comprehensive data than periodic fingerstick testing.
- Continuous ModelConceptContinuous-Time Model, Differential-Equation Model
- A continuous model is a decision model run in continuous time rather than fixed cycles, so health events can occur at any moment, governed by rates.
- Continuous Quality ImprovementTermCQI, Kaizen in Healthcare
- An organisational philosophy emphasising ongoing, incremental efforts to improve healthcare processes and outcomes, rather than a one-time project.
- Contract TheoryConceptTheory of Contracts, Agency Contract Design
- Contract theory studies how contracts, such as provider payment rules, can align incentives when actions or information are hidden or cannot be verified.
- Contract YearTermPlan Year, Policy Year
- The defined twelve-month period over which specific insurance plan terms, such as premiums and benefits, remain in effect before renewal.
- ContraindicationTermTreatment Exclusion Criterion, Do-Not-Use Condition
- A specific patient condition or characteristic making a particular treatment inadvisable or potentially harmful for them to receive.
- Control ArmTermTrial Control Group, Comparison Arm
- The trial group receiving a comparator treatment, such as a placebo or standard of care, against which the experimental intervention is compared.
- Control ChartTermShewhart Chart, SPC Chart
- A statistical tool monitoring a process over time using calculated control limits, distinguishing normal variation from a genuine, significant change.
- Control Chart AnalysisTermControl Chart Interpretation, SPC Interpretation
- The process of interpreting a control chart to determine whether observed variation reflects normal fluctuation or a significant change requiring action.
- Control VariatesConceptControl Variate Method, Variance Reduction via Controls
- Control variates is a Monte Carlo variance-reduction method that adjusts a simulated estimate using a correlated auxiliary quantity with an independently known expectation.
- Controllable CostTermManageable Cost, Manager-Influenced Cost
- A cost that a specific manager or department can influence through their decisions, unlike costs imposed by outside factors.
- Convenience OutcomeTermConvenience Endpoint, Administration-Burden Outcome
- A clinical outcome measure capturing the ease or burden of a treatment's administration, such as dosing frequency, distinct from its clinical efficacy.
- ConvergenceConceptIterative Stabilisation, Algorithm Settling
- Convergence is the property of an iterative sequence, numerical approximation, estimator, or simulation output approaching a defined limiting value or stable target as iterations, resolution, or sample size increase.
- Convergence AssessmentTermConvergence Diagnostics, MCMC Diagnostics
- An evaluation of whether an iterative algorithm, such as a Markov chain Monte Carlo simulation, has run enough iterations to produce stable results.
- Convergent ValidityConceptConvergent Validation
- Convergent validity is evidence that a health measure correlates, as predicted in advance, with other measures of the same or a closely related construct.
- Conversion FactorConceptCF
- Conversion factor (CF) is the money amount per relative value unit that turns fee schedule relative values, such as Medicare RVUs, into payment amounts.
- Cook's DistanceConceptCook Distance, Influence Statistic
- Cook's distance measures how much an ordinary-least-squares regression's fitted values change when one observation is removed, scaled by residual variation and model size.
- Cooling Off InterventionTermCooling-Off Period, Mandatory Delay
- A policy mechanism imposing a mandatory delay before a decision becomes final, meant to reduce impulsive choices made under pressure.
- Coordinated Care ModelTermCare Coordination Model, Integrated Delivery Model
- A delivery approach deliberately organising patient care activities among multiple participants to facilitate appropriate, timely service delivery across settings.
- Coordination DesignTermCoordination Structure, Coordination Blueprint
- The specific structural and process choices in designing a care coordination model, covering staffing, information systems, and accountability mechanisms.
- Coordination PeriodTermCOB Period, Dual-Coverage Period
- A defined timeframe during which two overlapping insurance sources, such as an employer plan and Medicare, determine which pays first.
- Copas ModelConceptCopas Selection Model, Publication Bias Model
- The Copas model is a selection model for publication bias in meta-analysis that re-estimates the pooled effect under assumed rates of non-publication.
- Copay AmountTermCopayment Amount, Fixed Copay Charge
- The specific fixed sum an insured person must pay for a particular covered service under a copayment cost-sharing arrangement.
- CopaymentTermCopay, Fixed Fee Cost-Share
- A cost-sharing form in which an insured person pays a fixed sum for a covered service, unlike coinsurance's percentage-based payment.
- COPD EconomicsTermChronic Obstructive Pulmonary Disease Economics, COPD Cost-Effectiveness
- The application of health economic evaluation to chronic obstructive pulmonary disease, comparing inhaled medication, pulmonary rehabilitation, and severe-case interventions.
- Coping StrategyTermHousehold Financial Response, Expense Coping
- An action a household takes to manage the financial burden of a healthcare expense, such as borrowing, selling assets, or reducing spending.
- Copy ReferenceTermCopy-Reference Imputation, Reference-Based Imputation
- A missing data method, often used after treatment discontinuation, assuming a patient's future outcomes follow the trajectory observed in the reference arm.
- Core MeasureTermCore Quality Measure, Standardised Care Indicator
- A standardised, evidence-based process of care indicator established as a minimum quality expectation for a specific clinical condition.
- Core Measure ComplianceTermCore Measure Adherence, Core-Measure Conformance
- The degree to which an organisation adheres to a standardised set of evidence-based care processes established as minimum quality expectations.
- Core Value MessageTermCentral Value Claim, Key Value Message
- The central, most important claim a manufacturer wishes to communicate regarding a technology's value proposition, forming the foundation for further materials.
- Coronary Artery Bypass GraftingTermCABG, Bypass Surgery
- A surgical procedure rerouting blood flow around blocked coronary arteries using a graft vessel taken from elsewhere, treating severe coronary artery disease.
- Coronary Artery Disease EconomicsTermCAD Economics, Ischaemic Heart Disease Economics
- The application of health economic evaluation to narrowed or blocked coronary arteries, comparing medication, percutaneous intervention, and surgical revascularisation.
- Coronary Disease EconomicsTermCoronary Heart Disease Economics, CHD Economics
- The application of health economic evaluation to conditions from narrowed or blocked coronary arteries, covering prevention, diagnosis, and treatment.
- Corporate Integrity AgreementTermCIA, Integrity Agreement
- A binding agreement between a healthcare organisation and a government oversight agency requiring compliance measures and ongoing monitoring, typically after enforcement.