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.
A
- Added Therapeutic ValueConceptAdded Therapeutic Benefit, Added Benefit
- Added therapeutic value is the extra patient-relevant benefit a new medicine gives over existing care, as graded by HTA bodies such as HAS and G-BA.
- Added ValueTermIncremental Value, Net Added Benefit
- The additional benefit a technology provides beyond existing standard care, a central consideration within health technology assessment and value-based frameworks.
- Addiction Treatment EconomicsConceptSUD Treatment Economics, Substance-Use Treatment Economics
- Addiction treatment economics is the economic evaluation of treatments for substance use disorders, weighing their costs against health and crime outcomes.
- Additive Interaction ScaleConceptAdditive Interaction, Risk-Difference Interaction
- The additive interaction scale judges two exposures to interact when their joint risk difference departs from the sum of their separate risk differences.
- AdherenceConceptPatient Concordance, Regimen Following
- Adherence is how far a person's behaviour, such as taking medicines or following diet or lifestyle advice, matches recommendations agreed with a clinician.
- Adherence OutcomeTermAdherence Measure, Compliance Outcome
- A measure of the extent to which a patient follows a prescribed treatment regimen as recommended, such as taking medication at the correct dose.
- Adjuvant TherapyTermAdjuvant Treatment, Post-Surgical Therapy
- Treatment given after a primary treatment, most commonly surgery, to eliminate remaining cancer cells and reduce the risk of recurrence.
- ADME StudiesConceptADME, ADME Profiling, Absorption Distribution Metabolism Excretion
- ADME studies measure how a drug is absorbed, distributed, metabolised and excreted, informing dose adjustments for organ impairment and drug interactions.
- Administrative BarrierConceptBureaucratic Barrier, Procedural Barrier, Red Tape
- An administrative barrier is a paperwork, enrolment, renewal or approval requirement that deters or delays use of healthcare.
- Administrative CensoringConceptEnd-of-Study Censoring, Administrative Right Censoring
- Administrative censoring is right censoring that occurs when a trial's planned end of follow-up or data cut-off arrives before a patient has the event.
- Administrative Cost RatioConceptACR, Expense Ratio
- Administrative cost ratio is the share of an insurer's premium income, or a health system's spending, used for administration rather than claims or care.
- Administrative DataConceptAdmin Data, Routinely-Collected Data
- Administrative data are records made to run or pay for care, such as claims, hospital admissions and prescriptions, reused to measure costs and outcomes.
- Administrative DatabaseTermAdmin Database, Administrative Claims Database
- A large-scale collection of administrative data, such as insurance claims or government health records, made available for secondary research use.
- Administrative FeasibilityConceptImplementation Feasibility, Institutional Feasibility
- Administrative feasibility is whether the agencies that would run a health policy have the staff, systems and mandate to deliver it as designed.
- Administrative SimplificationConceptAdmin Simplification, Red-Tape Reduction
- Administrative simplification is policy to cut the cost of health system paperwork, such as claims, eligibility checks and prior authorisation.
- Administrative WasteConceptAdmin Waste, Bureaucratic Waste, Administrative Overhead
- Administrative waste is health care administrative spending that adds no value or costs more than needed, such as duplicate reporting or complex billing.
- Admission ProcessTermPatient Intake, Inpatient Registration
- The formal sequence of steps through which a patient is registered and accepted for inpatient care within a hospital.
- Adolescent Mental Health EconomicsConceptYouth Mental Health Economics, Economics of Adolescent Mental Health
- Adolescent mental health economics studies the costs, outcomes and value for money of mental health prevention and care for young people aged 10 to 19.
- Adult Day CareTermAdult Day Services, Adult Day Program, Day Centre Care
- A community programme providing supervised care and activities to adults during daytime hours, allowing family carers respite or continued employment.
- Advance Care PlanningConceptACP, Future Care Planning
- Advance care planning (ACP) is a process in which people discuss and record their goals and preferences for future medical care with family and clinicians.
- Advance DirectiveTermAdvance Decision, Healthcare Directive
- A legal document specifying an individual's preferences for future medical treatment, or designating a decision-maker, to be used if they cannot communicate.
- Advanced Therapy Medicinal ProductConceptATMP, Gene and Cell Therapies
- An advanced therapy medicinal product (ATMP) is an EU-regulated gene, cell or tissue-based medicine, often given once, whose lasting value HTA must judge.
- Adverse Drug EventConceptADE, Drug-Related Injury
- An adverse drug event (ADE) is harm to a patient from a medicine, whether caused by a medication error or by a reaction despite correct use.
- Adverse Drug ReactionConceptADR, Side Effect, Drug Reaction
- An adverse drug reaction (ADR) is a noxious, unintended response to a medicine, where a causal link to the drug is at least a reasonable possibility.
- Adverse EventConceptAE, Adverse Medical Event
- An adverse event (AE) is any unfavourable medical occurrence after treatment, caused by it or not; in patient safety, an injury caused by medical care.
- Adverse Event CostTermAE Cost, Toxicity Management Cost, Side Effect Cost
- The expense of managing a treatment's side effects, covering additional medical visits, hospitalisation, and supportive medications required.
- Adverse Event RateConceptAE Rate, AE Frequency
- Adverse event rate (AE rate) is the count of adverse events, or of patients with one, divided by the patients or person-time at risk in a stated period.
- Adverse Event ReportingTermAE Reporting, Safety Reporting
- The systematic process of documenting and communicating instances of patient harm from medical care, used to identify patterns and target improvement.
- Adverse SelectionConceptAnti-Selection, Negative Selection
- Adverse selection occurs when people who know they are higher risk buy more health or life insurance, which can raise premiums and drive out lower risks.
- Affinity DiagramTermKJ Method, Thematic Clustering
- A structured brainstorming tool grouping individual ideas or observations into related clusters based on natural theme, revealing underlying patterns.
- AffordabilityConceptAbility to Pay, Financial Reach
- The extent to which a person, household or payer can meet the cost of needed health care within available resources without unacceptable financial hardship or displacement of other priorities.
- Affordability CriterionTermAffordability Standard, Budget Sustainability Criterion
- A standard judging whether a new technology's aggregate cost is sustainable within a health system's resources, considered separately from cost-effectiveness.
- Affordability ThresholdTermBudget-Impact Threshold, Total-Cost Ceiling
- The level of budget impact beyond which a payer considers a new technology's total cost unsustainable, regardless of its individual cost-effectiveness.
- Age RatingTermAge-Based Rating, Age-Banded Pricing
- A method of setting insurance premiums that varies price by an enrollee's age, reflecting generally higher costs for older groups.
- Age WeightingConceptAge Weights
- Age weighting values a year of healthy life by the age at which it is lived, as in the original GBD DALY, which gave years in young adulthood most weight.
- Agent-Based ModelConceptABM, Agent-Based Simulation
- An agent-based model simulates heterogeneous individual entities and their interactions under explicit rules to examine how population-level outcomes emerge over time.
- Aggregate Cost EstimationTermTop-Down Cost Estimation
- An approach to estimating an intervention's cost using summary, population-level data rather than detailed patient-level resource-use records.
- Aggregate Data Meta-AnalysisConceptAD Meta-Analysis, Summary Data Meta-Analysis
- Aggregate data meta-analysis pools study-level summary results, such as effect estimates and standard errors, from several studies into one estimate.
- Aggregate ModelTermSummary-Parameter Model, Population-Summary Model
- A model representing a population using summary-level parameters, such as average transition probabilities, rather than tracking individual patients separately.
- Aggregate Stop-LossConceptAggregate Excess Cover, Aggregate Claims Cover
- Aggregate stop-loss is insurance that reimburses a self-funded employer for total health claims above an agreed attachment point in a plan year.
- Aggregation LevelTermLevel of Aggregation, Model Granularity
- The degree of detail at which a model represents its population, ranging from fully individual-level simulation to fully aggregated cohort averages.
- Aging-Driven Cost GrowthTermAgeing-Driven Cost Growth, Demographic Cost Pressure
- The portion of rising healthcare expenditure attributed to a population's increasing average age and the associated shift toward more complex conditions.
- AHRQ Surveys on Patient Safety Culture (SOPS)TermAHRQ Surveys on Patient Safety Culture, SOPS
- A US standardised survey assessing staff perceptions of an organisation's patient safety culture, covering teamwork and communication openness.
- AI Diagnostic ValueTermValue of AI Diagnostics, AI Diagnostic Assessment
- An assessment of the clinical and economic value artificial intelligence diagnostic tools provide, covering accuracy, decision-making impact, and effect on costs.
- AIFATermAgenzia Italiana del Farmaco, Italian Medicines Agency
- The Italian Medicines Agency, the national regulatory and health technology assessment body responsible for drug approval, pricing, and reimbursement in Italy.
- Air EmbolismTermGas Embolism, Venous Gas Embolism
- A serious, generally preventable safety event in which air enters a patient's bloodstream, most commonly through improper intravenous line management.
- Akaike Information CriterionConceptAIC, Akaike Criterion
- Akaike information criterion (AIC) is a statistic ranking models fitted to the same data, such as survival curves in HTA, by fit penalised per parameter.
- Alcohol Consumption RateTermPer-Capita Alcohol Intake, Population Alcohol Intake
- A population-level measure of average alcohol intake, tracked as a key modifiable risk factor for chronic disease and injury.
- Alcohol PolicyTermAlcohol Control Policy, Alcohol Harm Reduction Policy
- Government or organisational policy reducing alcohol-related harm, covering taxation, minimum pricing, advertising restrictions, and treatment programme funding.
- Alcohol Use EconomicsTermAlcohol Control Economics, Alcohol Economics
- The application of health economic evaluation to alcohol consumption's health consequences, covering prevention, treatment, and policy interventions such as taxation.