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
- Clinical Expert ReviewClinical Validation Review, Clinician Review
- A model validation stage in which practising clinicians examine a model's structure and assumptions to check they reflect real clinical practice.
M
- Model Acceptance TestingStakeholder Sign-Off, Final Model Review
- A model validation stage in which a completed model is formally reviewed and approved by relevant stakeholders before its results are used.
- Model ValidationValidity Checking, Model Credibility Check
- Model validation is the structured assessment of whether a model is sufficiently accurate, credible, and fit for its stated decision purpose.