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
- Accelerated Failure TimeAFT
- A class of survival models assuming covariates act multiplicatively on time itself, speeding or slowing progression to an event, unlike a Cox model.
- Actuarial Projection
- An estimate of future events, such as mortality, morbidity, or claims costs, based on statistical analysis of historical data patterns.
- Administrative Censoring
- A form of right censoring occurring because a study reaches its planned end date before every participant has experienced the event of interest.
- Adverse Drug Event
- An injury from drug use, covering both preventable medication errors and non-preventable adverse reactions occurring even when used correctly.
- Adverse Event
- An injury caused by medical management, rather than a patient's underlying disease, resulting in prolonged hospitalisation, disability, or death.
- Adverse Event Cost
- The expense of managing a treatment's side effects, covering additional medical visits, hospitalisation, and supportive medications required.
- Adverse Event Rate
- A measure of how frequently patients experience unintended harm from medical care, rather than their underlying condition, within a defined population.
- Adverse Event Reporting
- The systematic process of documenting and communicating instances of patient harm from medical care, used to identify patterns and target improvement.
C
- Cancer Prevention Economics
- The application of health economic evaluation to reducing cancer incidence, spanning vaccination against cancer-causing infections, lifestyle programmes, and chemoprevention.
- Cardiovascular Prevention
- Interventions reducing cardiovascular disease incidence by modifying risk factors, such as blood pressure, cholesterol, and smoking, spanning public health and clinical measures.
- Competing Events
- A situation in a simulation model where several distinct events could occur next for an entity, requiring the model to determine which happens first.
- Cvd Prevention Economics
- The application of health economic evaluation to cardiovascular disease prevention, spanning lifestyle programmes, preventive medication, and population health policy.
D
- Discrete Event Model
- A simulation model representing a system as a sequence of distinct events at specific times, with the system's state changing only at each event.
- Discrete Event Simulation
- A simulation technique tracking individual entities through a sequence of discrete events, with the clock advancing directly from one event to the next.
- Disease Prevention
- Actions taken to reduce the likelihood a disease will occur, progress, or cause complications, covering primary, secondary, and tertiary approaches.
E
- Event
- A specific occurrence within a simulation model that changes the state of the system at a defined point in time.
- Event Definition
- The precise specification of what counts as a countable clinical or economic event within a decision-analytic model.
- Event Probability
- The likelihood that a specific clinical or economic event will occur within a defined period, used as an input across decision-analytic models.
- Event Queue
- The ordered list of scheduled future events awaiting execution within a discrete event simulation, sorted by the time each is due to occur.
- Event Structure
- The overall arrangement of clinical and economic events within a decision-analytic model, including how they relate to one another over time.
- Event-Free Survival
- A time-to-event outcome measured from treatment start until any of a predefined set of significant events, such as progression or death, whichever comes first.
F
- Falls Prevention Economics
- The application of health economic evaluation to programmes reducing falls among older adults, comparing prevention costs against downstream injury costs such as hip fractures.
I
- Infection Prevention Economics
- The application of health economic evaluation to strategies preventing infections before they occur, spanning vaccination, hygiene promotion, and environmental interventions.
- Injury Prevention Economics
- The application of health economic evaluation to programmes reducing unintentional and intentional injuries, spanning road, workplace, and violence prevention.
M
- Mental Health Prevention
- Interventions aimed at preventing mental health conditions or reducing their severity through early identification, spanning universal and targeted approaches.
N
- Never Event
- A serious, largely preventable safety event that should essentially never occur if established protocols are followed, such as wrong-site surgery.
P
- Potentially Preventable Event
- An adverse outcome, such as a readmission, that could plausibly have been avoided through appropriate care, unlike a disease's natural progression.
- Prevented FractionPF
- The proportion of disease cases avoided in a population due to a protective exposure or intervention, the counterpart to the attributable fraction.
- Prevention Economics
- The broad application of health economic evaluation to interventions preventing disease onset or progression, spanning primary and secondary prevention.
- Prevention Policy
- Government or organisational policy specifically aimed at preventing disease onset or progression, spanning immunisation, screening, and health promotion.
- Prevention Quality Indicator
- A standardised measure assessing hospital admission rates for conditions considered preventable with adequate primary care access.
- Preventive Intervention
- Any programme or treatment intended to prevent disease onset or progression, spanning vaccination, screening, and lifestyle modification.
- Preventive Therapy
- Treatment given to individuals without clinically apparent disease but at elevated risk, intended to prevent or delay the disease's onset.
- Preventive Treatment
- Treatment given to reduce the risk of a disease developing, encompassing both medications and procedures for individuals without clinically apparent disease.
- Primary Prevention
- Preventive intervention aimed at stopping disease onset in people who have not yet developed it, unlike secondary prevention's early detection focus.
- Primary Prevention Economics
- The application of health economic evaluation specifically to interventions preventing disease onset in people who have not yet developed the condition.
S
- Secondary Prevention
- Preventive intervention aimed at detecting and treating disease early, before significant harm, unlike primary prevention's aim of stopping onset entirely.
- Secondary Prevention Economics
- The application of health economic evaluation specifically to interventions detecting and treating disease at an early, typically more treatable stage.
- Sentinel Event
- An unexpected occurrence involving death or serious injury unrelated to a patient's underlying illness, occurring within a healthcare organisation.
- Sentinel Event Rate
- A measure of the frequency of unexpected occurrences involving death or serious injury unrelated to a patient's underlying illness.
- Serious Adverse Event
- An untoward medical occurrence during research or treatment resulting in death, life-threatening risk, hospitalisation, or persistent significant disability, per international guidance.
- Serious Reportable Event
- A formally catalogued category of serious, largely preventable safety events, such as wrong-site surgery, identified for standardised public reporting.
- Serious Safety Event
- A patient safety event causing significant harm, one of the more severe categories within a broader safety event hierarchy.
- Suicide Prevention
- Interventions and policies reducing suicide incidence, covering crisis hotlines, means restriction policies, and targeted clinical care for at-risk individuals.
- Suicide Prevention Economics
- The application of health economic evaluation to suicide prevention programmes, weighing implementation cost against the value of preventing loss of life.
T
- Tertiary Prevention
- Preventive intervention aimed at reducing the impact of already established disease, such as rehabilitation preventing further complications or disability.
- Tertiary Prevention Economics
- The application of health economic evaluation to interventions reducing the impact of already established disease, such as rehabilitation preventing further complications.
- Time-to-Event
- Outcome data recording the duration until a specific event of interest occurs, such as disease progression or death, possibly censored.
- Time-to-Event Analysis
- Statistical methods analysing data on the time until a specific event occurs, such as death, while appropriately handling censored observations.
- Treatment-Emergent Adverse Event
- An adverse event occurring or worsening during a trial period following study treatment administration, regardless of whether causally related.