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
- Activity-Based CostingABC, Activity Costing
- Activity-based costing is a costing method that assigns resource costs to activities through causal cost drivers and then traces activity costs to services, patients, or other cost objects according to their use of those activities.
T
- Time-Driven Activity-Based CostingTDABC, Time-Driven ABC
- A costing method estimating a service's cost by multiplying the capacity cost rate of resources involved by the time required to complete each activity.