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
- Absorbing StateAbsorbing Health State, Absorbing Markov State
- A health state within a Markov model from which no further transitions are possible, most commonly death, once entered permanently.
T
- Transient StateNon-Absorbing State, Recurrent State
- A health state within a Markov model that a patient can leave and potentially return to, unlike an absorbing state such as death.