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.
N
- Negotiated PricingPrice Negotiation Outcome, Negotiated Drug Price
- A treatment price established through direct discussion between a manufacturer and payer, unlike a price set unilaterally or by government formula.
P
- Price NegotiationPrice Bargaining, Payer-Manufacturer Bargaining
- The process through which a manufacturer and payer discuss and agree a drug's price, informed by health economic evidence and negotiating leverage.