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.
C
- Cost Measurement
- The process of quantifying the resources consumed by a health intervention in monetary terms, forming the empirical foundation of economic evaluation.
E
- Experimental Value Measurement
- A value measurement conducted to test a new outcome or cost measurement approach before wider adoption within a value-based payment arrangement.
N
- Novel Value Measurement
- A value measurement employing a newly developed outcome or cost measurement method not previously used to assess a condition's care value.