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.
B
- Benchmarking
- The process of comparing an organisation's performance metrics against peer organisations or established standards, identifying strengths and improvement areas.
- Benchmarking Process
- The systematic methodology comparing an organisation's performance against external standards or peers, covering data collection and improvement identification.
F
- Fundamental Efficiency Study
- An efficiency study limited to the most basic input-output ratio for a single production process, without comparative benchmarking.
Q
- Quality Analytics
- The application of data analysis to healthcare quality data, identifying patterns and benchmarking performance to inform improvement efforts.