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.
F
- F-DistributionConceptF Distribution, Variance-Ratio Distribution
- A continuous probability distribution arising from the ratio of two independent chi-square variables divided by their degrees of freedom, underlying analysis of variance.
- Face ValidityTermSurface Validity, Expert-Judgement Validity
- A basic, largely subjective judgement of whether a model's structure and assumptions seem reasonable to experts familiar with the disease being modelled.
- Face Validity AssessmentTermFace Validity Check, Structural Plausibility Review
- The process of having clinical or methodological experts review a model's overall structure and key assumptions before more rigorous quantitative testing begins.
- Facilitator of ImplementationTermImplementation Facilitator, Enabler of Adoption
- A factor or individual actively supporting successful adoption of a new evidence-based practice, complementing efforts to address barriers.
- Facility Management HealthTermHealthcare Facilities Management, Estates Management
- The processes involved in maintaining and optimising a healthcare organisation's physical infrastructure, covering building maintenance and safety compliance.
- Factor AnalysisConceptCommon-Factor Modelling, Latent-Structure Analysis
- Factor analysis explains correlations among observed variables using a smaller number of unobserved latent factors.
- Factor FixingTermParameter Fixing, Negligible-Factor Screening
- A global sensitivity analysis technique identifying which input parameters have negligible influence on a model's output, so they could be fixed at a constant.
- Factor LoadingConceptLoading Coefficient, Factor Weight
- A factor loading is a model-estimated coefficient that relates an observed variable to a latent factor under a specified factor-analytic measurement model.
- Factor MappingTermOutput-Region Mapping, Monte Carlo Filtering
- A global sensitivity analysis technique identifying which combinations of input values produce outputs within a specific range of interest, such as below a threshold.
- Factor PrioritisationTermVariance-Based Ranking, Parameter Importance Ranking
- A global sensitivity analysis technique ranking input parameters by how much of a model's output variance each is responsible for.
- Factor RotationConceptOrthogonal Factor Rotation, Oblique Factor Rotation, Varimax Rotation, Promax Rotation, Factor Rotations
- Factor rotation transforms an extracted factor solution to make its loading pattern easier to interpret while preserving the model-implied common covariance under an equivalent transformation.
- Factorial DesignConceptFactorial Trial, Multi-Factor Design
- A trial design evaluating two or more interventions simultaneously by assigning participants to every possible combination, revealing each effect and any interaction.
- Failure Mode Effects AnalysisTermFMEA, Failure Mode and Effects Analysis, Failure Mode Analysis
- A structured method proactively identifying and evaluating potential failure modes, along with their likely severity and detectability, to prioritise preventive action.
- Failure to RescueConceptFTR
- Failure to rescue is a serious adverse outcome, usually death, among patients who experience a defined potentially treatable complication, commonly measured as deaths divided by patients with qualifying complications.
- Fair InningsTermFair Lifespan Principle, Fair-Share Lifespan
- An ethical argument holding that people who die young have been deprived of a fair share of a normal lifespan, deserving greater priority.
- Falls Prevention EconomicsTermFall Prevention Cost-Effectiveness, Falls Programme Economics
- The application of health economic evaluation to programmes reducing falls among older adults, comparing prevention costs against downstream injury costs such as hip fractures.
- Falls RateConceptPatient Fall Rate, Inpatient Falls Indicator
- Falls rate is inpatient falls per 1,000 occupied bed days (patient days), a hospital patient safety indicator also reported for injurious falls.
- False Claims ActTermFCA, False Claims Law
- A US federal law imposing liability on those who knowingly submit false claims for payment to the government, including federal healthcare programmes.
- Family ImpactTermFamily Burden, Family Effect Measure
- A measure capturing a patient's illness or treatment effect on family members, covering emotional burden, disrupted routines, and financial strain.
- Family MeetingTermFamily Conference, Family Care Conference
- A structured conversation bringing together family members and providers to discuss a patient's condition, treatment options, and care preferences.
- Family Planning CoverageTermContraceptive Coverage, Reproductive Service Coverage
- A measure of the proportion of individuals with access to needed contraceptive and reproductive health services, a tracer indicator for universal health coverage.
- Fast Track DesignationTermFast Track Status, Expedited Review Designation
- A regulatory designation facilitating and expediting review of drugs treating serious conditions with unmet need, offering more frequent regulatory interaction.
- FatigueTermTiredness, Lack of Energy
- A clinical outcome measure capturing a patient's subjective tiredness or lack of energy, commonly assessed using standardised, validated fatigue-specific instruments.
- Fatigue AssessmentTermFatigue Measurement, Tiredness Assessment
- The process of measuring a patient's subjective experience of tiredness or reduced energy using a standardised, validated instrument.
- FDATermUS Food and Drug Administration, Food and Drug Administration
- The US Food and Drug Administration, the federal agency responsible for regulating the safety and efficacy of drugs, biologics, and devices.
- Feasibility AssessmentConceptFeasibility Study, Practicality Assessment
- An evaluation of whether a proposed study or intervention can practically be conducted given available resources, infrastructure, and population characteristics.
- Feasibility CriterionTermPracticality Criterion, Implementability Standard
- A standard assessing whether a proposed study, intervention, or policy can practically be implemented given available resources and constraints.
- Federal SystemTermFederal Health System, Federated Governance Model
- A health system structure where authority is constitutionally divided between national and subnational governments, each retaining meaningful independent authority.
- Federally Qualified Health CenterTermFQHC, Federal Health Center
- A community-based provider receiving US federal funding to deliver comprehensive primary care to medically underserved populations regardless of ability to pay.
- Federation ModelTermFederal Governance Arrangement, Multi-Level Health Governance
- A health system arrangement dividing policy authority constitutionally between national and subnational governments, each retaining meaningful independent authority.
- Fee FreezeTermFee Rate Freeze, Payment Freeze
- A regulatory or contractual action preventing fee schedule rates from increasing for a specified period, a cost-containment mechanism.
- Fee ReductionTermFee Cut, Payment Rate Reduction
- A decrease in the payment rate for a specific service under a fee schedule, whether from regulatory action or negotiated agreement.
- Fee ScheduleTermPayment Schedule, Reimbursement Schedule
- A comprehensive list specifying the predetermined payment amount a payer will reimburse for each specific service, organised by standardised procedure codes.
- Fee Schedule DevelopmentTermFee Schedule Setting, Rate Development
- The process of establishing or updating fee schedule payment amounts, informed by resource costs, market rates, and policy objectives.
- Fee-for-ServiceConceptFFS, Per-Service Payment
- Fee-for-service is a provider-payment method in which each eligible health-care service generates a separate payment according to an applicable fee or contract.
- Fee-For-Service IncentiveTermVolume Incentive, FFS Volume Incentive
- The financial incentive within fee-for-service payment where revenue rises with service volume, independent of necessity or value of care given.
- Feedback InterventionTermPerformance Feedback, Feedback Technique
- An intervention that gives individuals information about their own behaviour or outcomes to influence future behaviour.
- Feedback LoopTermCausal Feedback, Feedback Mechanism
- A causal pathway in which a change in one variable eventually leads, through other variables, back to a change in itself.
- Fertility Treatment EconomicsTermIVF Economics, Assisted Reproduction Economics
- The application of health economic evaluation to infertility treatments, covering medication, intrauterine insemination, and in vitro fertilisation.
- FHIRTermFast Healthcare Interoperability Resources, Health Data Exchange Standard
- A technical standard for exchanging healthcare information electronically, designed to let different systems share data more easily using web-based technology.
- Field EpidemiologyTermApplied Epidemiology, Outbreak Epidemiology
- The application of epidemiological methods to investigate and respond to acute public health problems, such as outbreaks, in real time.
- Fieller MethodConceptFieller's Theorem, Ratio Confidence Interval Method
- A technique for calculating a confidence interval around the ratio of two normally distributed variables, useful for measures such as the ICER.
- Final OutcomeTermTrue Endpoint, Definitive Outcome
- A clinical outcome measure directly reflecting a patient's health status or survival, such as death, unlike a surrogate or intermediate outcome.
- Final RecommendationTermFinal Guidance, Binding Recommendation
- The concluding, binding decision issued by an assessment body following its full appraisal process, determining a technology's funding status.
- Financial AccessTermCare Affordability Dimension, Ability to Pay for Care
- A healthcare access dimension concerning whether individuals can afford needed services given their income and financial resources.
- Financial Analytics HealthTermHealthcare Financial Analytics, Finance Analytics
- The application of data analysis to healthcare financial data, supporting budgeting, cost management, and revenue cycle optimisation.
- Financial BarrierTermCost Barrier, Affordability Barrier
- An obstacle to healthcare arising from cost, including high out-of-pocket expenses, lack of insurance, or the opportunity cost of time off work.
- Financial EfficiencyTermFiscal Efficiency, Cost Efficiency of Finance
- A measure of how effectively an organisation converts financial resources into patient care activity and outcomes, avoiding unnecessary spending.
- Financial FeasibilityTermFiscal Feasibility, Funding Feasibility
- An assessment of whether a proposed policy can be adequately funded given available resources, considering both implementation and long-term fiscal cost.
- Financial Hardship MeasureTermFinancial Burden Measure, Hardship Indicator
- A quantitative indicator assessing the degree of financial burden a household faces from healthcare costs, such as catastrophic expenditure.