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.
R
- Residual AnalysisTermResidual Diagnostics, Residual Plot Review
- A statistical technique examining the differences between a model's predicted values and observed data, checking for systematic patterns left unexplained.
- ResourceConcept
- Resource, in health economics, means any scarce input such as staff time, medicines, beds or equipment, whose use in one place denies it to other uses.
- Resource AllocationTermResource Distribution, Resource Apportionment
- The process of distributing limited health system resources across competing uses to maximise health outcomes or other policy objectives.
- Resource ConstraintTermResource Limit, Supply Constraint
- A limit on the total resources, such as budget, staff, or facilities, available to an organisation, within which competing demands must be prioritised.
- Resource DefinitionTermResource Specification, Resource Categorisation
- The specification within a discrete event simulation of the limited assets, such as staff or beds, that entities need to be processed.
- Resource IdentificationTermResource Enumeration, Cost Item Identification
- The process of determining which categories of resource use, such as staff time and supplies, are relevant when costing an intervention.
- Resource IntensityTermCare Intensity, Resource Density
- A measure of the volume and type of resources required to provide care for a specific patient or clinical case category.
- Resource ManagementTermResource Stewardship, Asset Management
- The processes an organisation uses to plan, allocate, and monitor available resources, including staff and equipment, to achieve its objectives.
- Resource MeasurementTermResource Quantification, Utilisation Measurement
- The process of quantifying the physical amount of a resource consumed in delivering a health intervention, such as staff hours or bed-days.
- Resource ReallocationTermResource Shifting, Fund Redeployment
- The process of shifting resources from lower-value to higher-value uses, informed by comparative cost-effectiveness evidence, the core of priority setting.
- Resource UseTermResource Consumption, Service Use Volume
- The physical quantities of inputs, such as staff time, equipment, and supplies, consumed in delivering a healthcare intervention.
- Resource UtilisationTermResource Uptake, Capacity Use Rate
- The pattern and extent to which available healthcare resources, such as staff and beds, are actually used to deliver care.
- Resource ValuationTermInput Valuation, Resource Pricing
- The process of assigning a monetary value to a measured quantity of resource use, typically by multiplying it by a unit cost.
- Resource-Based Relative ValueConceptRBRVS, Resource-Based Payment Scale
- A methodology determining physician reimbursement based on a standardised measure of resources required, incorporating work, practice expense, and malpractice risk.
- Resource-Based ValueTermResource-Cost Value, Input-Based Value
- A payment concept tying reimbursement to actual resources, such as time and skill, required for a service, rather than historical charges.
- Respiratory Disease BurdenTermLung Disease Burden, Respiratory Morbidity Burden
- The total impact of respiratory diseases on a population, covering mortality, morbidity, and healthcare costs, commonly quantified using disability-adjusted life years.
- Respiratory Disease EconomicsTermLung Disease Economics, Pulmonary Economics
- The broad application of health economic evaluation to respiratory system conditions, spanning asthma, chronic obstructive pulmonary disease, and respiratory infections.
- Respite CareTermCarer Relief Care, Short-Break Care
- Temporary care services giving a primary carer a planned break from ongoing caregiving responsibilities, delivered at home or in a residential setting.
- Responder AnalysisTermResponse Rate Analysis, Responder-Based Analysis
- An analysis classifying each patient as a responder or non-responder based on a predefined improvement threshold, reporting the responder proportion.
- Responder DefinitionTermResponse Threshold, Responder Criterion
- The specific threshold change in an outcome measure used to classify a patient as having experienced a meaningful clinical improvement.
- Response ErrorTermRespondent Error, Answer Error
- Inaccuracy in a survey response from a respondent's misunderstanding, faulty memory, or deliberate misreporting, unlike errors introduced later in processing.
- Response LevelConceptResponse Category, Answer Category
- Response level is one of the ordered answer categories of an instrument dimension or item, such as the five levels of each EQ-5D-5L dimension.
- Response Option DesignTermAnswer Option Design, Response Scale Design
- The methodological decisions involved in constructing the answer choices offered for each question in a health status instrument, including their number and wording.
- Response SurfaceTermRSM, Fitted-Response Map
- A fitted mathematical approximation describing how a model's output varies with its inputs, built from limited runs and used to predict untested combinations.
- Response Surface MethodologyConceptResponse Surface Modelling, Surface-Fit Optimisation
- Statistical techniques for modelling and optimising the relationship between several inputs and an output by fitting a smooth surface to limited results.
- Response-Based PaymentTermResponse-Linked Payment, Pay-for-Response
- A payment arrangement in which the amount a payer reimburses depends on whether an individual patient achieves a defined clinical response.
- ResponsivenessConceptChange Detection, Ability to Detect Change, Sensitivity to Change
- The ability of an outcome measurement instrument to detect change over time in the construct it is intended to measure, in a specified population and context of use.
- Responsiveness AssessmentTermChange-Sensitivity Assessment, Responsiveness Testing
- An evaluation of an outcome measure's ability to detect a clinically meaningful change in a patient's condition over time.
- Restricted Cubic SplineConceptRCS, Restricted Cubic Splines
- A restricted cubic spline is a smooth piecewise cubic function of a continuous predictor constrained to be linear beyond its outer knots, allowing regression models to represent nonlinear associations without prescribing one global polynomial shape.
- Restricted ListingTermRestricted Reimbursement, Conditional Listing
- The inclusion of a treatment on a reimbursement list subject to specific conditions, such as a patient subgroup restriction or prior authorisation.
- Restricted Mean Survival TimeConceptRMST, Mean Survival to Horizon
- A survival summary measure calculated as the area under the survival curve up to a specified time point, an alternative to the hazard ratio.
- Restriction DecisionTermRestricted Recommendation, Conditional Coverage Decision
- A body's determination that a technology should be funded only under specific conditions or for a defined patient subgroup.
- Results-Based FinancingTermRBF, Result-Based Financing
- A financing mechanism conditioning payments to providers or governments on achieving verified, predefined results, commonly used in international development contexts.
- Retained Foreign ObjectTermRetained Surgical Item, RSI
- A serious, generally preventable safety event in which a surgical instrument or item is unintentionally left inside a patient after surgery.
- Retaliation ProtectionTermWhistleblower Protection, Anti-Retaliation Safeguard
- A legal safeguard preventing an employer from punishing an employee for reporting suspected fraud, compliance violations, or other misconduct.
- Retrospective DataTermHistorical Data, Back-Looking Data
- Data collected by looking backward from a defined point, reconstructed from existing records rather than gathered as events occur.
- Retrospective EvaluationTermLook-Back Evaluation, Backward-Looking Evaluation
- An economic evaluation using data collected before the study began, such as historical records or claims, rather than data gathered specifically for it.
- Retrospective PaymentTermRetrospective Reimbursement, Cost-Reimbursement Payment
- A methodology reimbursing a provider based on actual costs or charges incurred, determined after care has been provided, unlike prospective payment.
- Retrospective QueryTermPost-Discharge Query, Retro Query
- A request from a documentation specialist to a physician made after discharge, seeking clarification to ensure accurate coding of a completed record.
- Retrospective ReviewTermPost-Service Review, Look-Back Review
- A utilisation management assessment conducted after a service has been delivered, evaluating whether it was consistent with coverage criteria.
- Retrospective Risk AdjustmentConceptRetro Risk Adjustment, Concurrent-Year Adjustment
- A risk adjustment method calculating payment adjustments after a coverage period ends, based on actual observed diagnoses and costs.
- Return on AssetsConceptROA, Asset Return
- A financial ratio calculated as net income divided by total assets, showing how efficiently an organisation uses its assets to generate profit.
- Return on EquityConceptROE, Equity Return
- A financial ratio calculated as net income divided by owner equity, showing the return generated on capital invested by an organisation's owners.
- Return on InvestmentConceptROI, Investment Return
- Return on investment is a monetary measure of the gain attributable to an intervention relative to its investment cost, calculated under an explicitly stated benefit, cost, time, and ratio convention.
- Return to BaselineTermBaseline Return, Reversion to Baseline
- A missing data method assuming a patient's outcome trajectory reverts to their original pre-treatment level from the point of discontinuation.
- Revealed PreferenceTermRP, Observed Preference
- An approach to inferring consumer preferences from observed choices in actual markets, rather than from hypothetical survey responses.
- Revenue BudgetTermIncome Budget, Revenue Plan
- A budget projecting the income an organisation expects to receive over a defined period, from sources such as patient fees.
- Revenue CollectionTermRevenue Mobilisation, Domestic Resource Mobilisation
- The process by which a health system raises financial resources, through mechanisms such as general taxation, social insurance, and private premiums.
- Revenue Management HospitalTermRevenue Cycle Management, RCM
- The financial strategies a hospital uses to optimise revenue generation, from patient registration and coding accuracy through billing and collections.
- Reynolds-SmolenskyConceptRS Index, Redistributive Effect Index
- An index measuring the redistributive effect of a tax or transfer system, calculated as the difference between pre-tax and post-tax income Gini coefficients.
