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 527 terms in P

P

Patient InputTermPatient Perspective Input, Patient Testimony HTA
Information, perspectives, or preferences provided by patients or their representatives during an assessment process, formally or through consultation.
Patient InvolvementTermPatient Participation, Public Involvement in Health
The broader practice of engaging patients throughout the assessment process, from initial scoping through final decision-making.
Patient Involvement HTATermPatient Involvement in HTA, HTA Patient Engagement
The specific mechanisms through which patient perspectives are formally incorporated into an assessment, including expert testimony and committee representation.
Patient OriginTermPatient Catchment, Origin of Patients
The geographic area from which a facility's patients typically travel, used in planning to define primary and secondary service areas.
Patient OutcomeTermPatient Result, Treatment Result
A measurable change in health, function, symptoms, quality of life or survival experienced by a patient.
Patient PerspectiveTermPatient Viewpoint, Patient-Level Perspective
An analytic viewpoint including only costs and outcomes directly experienced by the patient, such as out-of-pocket expenses and personal time costs.
Patient PortalTermPatient Web Portal, Online Patient Access
A secure online platform letting patients access their own health information, communicate with providers, and manage aspects of their care.
Patient PreferenceTermPatient Values, Stated Treatment Preference
An individual patient's relative valuation of different treatment attributes or health outcomes, often elicited through methods such as a discrete choice experiment.
Patient Recruitment CostTermRecruitment Cost, Enrolment Cost
The expense of identifying, screening, and enrolling eligible participants into a clinical trial, a significant and often underestimated component of trial cost.
Patient RegistryTermDisease Registry, Clinical Registry
An organised system collecting standardised information over time about individuals with a particular condition, a critical data source for rare diseases.
Patient ResponsibilityTermPatient Financial Responsibility, Patient Liability
The total amount a patient owes for services after insurance has been applied, covering any deductible, copayment, coinsurance, or non-covered amounts.
Patient SafetyTermSafety of Care, Harm Prevention
The absence of preventable harm to a patient during healthcare, and reduction of unnecessary harm risk to an acceptable minimum.
Patient Safety IndicatorTermPSI, Safety Indicator
A standardised measure identifying potentially preventable complications during hospital care, using administrative claims data to flag cases for review.
Patient SatisfactionTermCare Satisfaction, Satisfaction with Care
A patient's overall subjective evaluation of their care experience, covering communication, perceived competence, and overall contentment with treatment received.
Patient Satisfaction ManagementTermSatisfaction Management, Experience Management
The processes an organisation uses to measure, monitor, and improve patients' subjective evaluation of their overall care experience.
Patient Satisfaction OutcomeTermSatisfaction Outcome, Measured Patient Satisfaction
A measure of a patient's overall subjective evaluation of care received, covering contentment with communication, wait times, and perceived quality.
Patient SubmissionTermPatient Organisation Submission, Patient Group Submission
A formal written contribution from a patient or patient organisation describing a condition's impact from the patient perspective.
Patient Value MessageTermPatient-Focused Value Message, Patient Value Story
A concise statement summarising a technology's key benefits from patients' own perspective, addressing quality of life and treatment burden.
Patient VolumeTermCase Volume, Caseload
The total number of patients treated by a provider over a defined period, used as a measure of clinical activity and, at times, expertise.
Patient-Centred CareTermPerson-Centred Care, Patient-Focused Care
A care model respectful of and responsive to individual patient preferences, needs, and values, guiding all clinical decisions accordingly.
Patient-Centred ModelTermPerson-Centred Model, Patient-Focused Model
A delivery approach organised around individual patients' specific needs, preferences, and values, rather than provider convenience or organisational structure.
Patient-Centred OutcomeTermPatient-Important Outcome, Patient-Relevant Outcome
A health outcome measure specifically identified as important to patients themselves, rather than selected primarily for clinical or biomarker significance.
Patient-Level CovariateTermIndividual Covariate, Patient Characteristic
A characteristic recorded for individual patients, such as age or baseline severity, examined for its effect on treatment response using patient-level data.
Patient-Reported OutcomeConceptPRO, Self-Reported Outcome
Any report of a patient's health status that comes directly from the patient without clinical interpretation, from symptom ratings to full quality of life instruments.
Pattern Mixture ModelConceptPMM, Pattern-Mixture Approach
A missing data modelling approach stratifying analysis by the observed pattern of missingness, rather than assuming one model applies to everyone.
Pay-for-PerformanceTermP4P, Performance-Related Pay
A methodology linking a portion of provider reimbursement directly to measured performance on quality, efficiency, or outcome metrics, rather than volume alone.
PaybackTermRevenue Return, Sales Clawback
A mechanism requiring a manufacturer to return a portion of sales revenue to a payer or government if certain spending conditions are met.
Payback PeriodTermRecoupment Period, Break-Even Time
The length of time required for the cumulative cash inflows from an investment to equal its initial cost.
Payer HTA LinkTermHTA-Payer Interface, Assessment-to-Coverage Link
The formal or informal connection between an assessment organisation and the payers responsible for implementing its funding recommendations.
Payer MixTermPayer Composition, Funding Mix
The distribution of a provider's patients across payer types, such as private insurance and public programmes, affecting overall revenue.
Payer PerspectiveTermPayer Viewpoint, Insurer Perspective
An analytic viewpoint including only costs and outcomes relevant to a specific healthcare payer, such as an insurer or government health programme.
Payer RepresentativeTermPayer Delegate, Insurer Representative
An individual representing the perspective of a healthcare payer, such as an insurer, contributing input to an assessment process.
Payer Value MessageTermPayer-Focused Value Message, Reimbursement Value Story
A concise statement summarising a technology's value specifically framed to address payer priorities, such as budget impact and cost-effectiveness.
Payment Adjustment FactorTermBase-Rate Multiplier, Rate Adjuster
A numerical multiplier applied to a base payment rate to account for specific circumstances affecting the cost of care, such as geographic wage differences.
Payment AmountTermPayment Level, Reimbursement Amount
The specific figure a payer reimburses a provider for a service or episode, determined according to the applicable payment methodology.
Payment by ResultsTermPbR, Tariff-Based Payment
A reimbursement arrangement linking a manufacturer's payment explicitly to specific, predefined clinical results achieved by patients, rather than paying regardless of outcome.
Payment PolicyTermReimbursement Policy, Provider Reimbursement Policy
The overall set of rules a payer establishes governing how providers will be reimbursed for the services they deliver.
Payment Rate SettingTermPayment Rate Determination, Tariff Setting
The process by which a payer determines reimbursement for a service or payment category, incorporating resource cost, market rates, and policy goals.
PayoffTermGame Reward, Strategy Outcome
The value, such as cost, outcome, or utility, associated with a particular pathway or outcome within a decision-analytic or game-theoretic model.
PBACTermPharmaceutical Benefits Advisory Committee, Australian HTA Committee
The Pharmaceutical Benefits Advisory Committee, Australia's body recommending which medicines should be subsidised under the Pharmaceutical Benefits Scheme.
PBMATermProgramme Budgeting and Marginal Analysis, Marginal Reallocation
An abbreviation for programme budgeting and marginal analysis, a priority-setting method reallocating resources from lower-value to higher-value activities within a fixed budget.
Pearson CorrelationConceptPearson Product-Moment, Linear Correlation Coefficient
A measure quantifying the strength and direction of the linear relationship between two continuous variables, ranging from negative one to positive one.
Peer ComparisonTermPeer Benchmarking, Peer Group Comparison
An evaluation of an organisation's performance metrics relative to similar peer organisations, identifying strengths and improvement areas.
Peer ReviewTermRefereeing, Scholarly Review
A process in which providers evaluate the quality of care delivered by professional colleagues, for improvement, credentialing, or disciplinary purposes.
Peer Review HTATermHTA Peer Review, Scientific Review of HTA
Having independent experts critically evaluate an assessment's methods, analysis, and conclusions before it is finalised or published.
PenaltyTermFinancial Sanction, Payment Deduction
A financial reduction applied to a provider's payment, typically for failing to meet a specific quality, reporting, or compliance requirement.
Per Capita Health SpendingTermHealth Spending per Capita, Per-Head Health Spending
A measure of average healthcare expenditure found by dividing total health spending by population size, standardising for comparison across regions.
Per DiemTermDaily Payment, Per-Day Payment
A methodology reimbursing a provider a fixed amount for each day of care, regardless of specific services delivered that day.
Per Diem RateTermDaily Rate, Per-Day Rate
The specific fixed sum paid to a provider for each day of care under a per diem payment arrangement.
Per Episode PaymentTermPer-Episode Bundle, Case Rate Payment
A payment covering the complete set of services within a defined care episode, such as surgery and its follow-up, rather than separate payments.