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.
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- Constrained OptimisationConceptConstrained Optimization, Bounded Optimisation
- Constrained optimisation finds the choice that does best on an objective, such as QALYs gained, without breaking limits such as a fixed health budget.
- Construct ValidityConceptConstruct Soundness, Theoretical-Concept Validity
- Construct validity is how well a PROM's scores fit hypotheses about it, covering structural validity, hypotheses testing and cross-cultural validity.
- Consumer AssessmentTermConsumer Survey, Patient Perspective Survey
- A standardised survey methodology measuring patients' or consumers' perspectives on care received, covering communication quality and timeliness.
- Consumer ChoiceConceptConsumer Selection, Consumer Decision-Making
- Consumer choice is the economic theory of how people choose goods and services, including health care, to best satisfy their preferences within a budget.
- Consumer Price IndexConceptCPI, Consumer Price Measure
- The consumer price index (CPI) measures change in the prices households pay for a fixed basket of goods and services, used to adjust costs for inflation.
- Consumer SurplusConceptConsumer's Surplus, Buyer Surplus
- Consumer surplus is the most that buyers would pay for a good or service minus what they pay, measured as the area under the demand curve above the price.
- Consumer-Directed Health PlanConceptCDHP, High-Deductible Consumer Plan
- A consumer-directed health plan (CDHP) is a US health plan pairing a high deductible with a tax-favoured account, such as an HSA or HRA, to pay for care.
- Contact CoverageTermPopulation Contact Reach, First-Contact Uptake
- A measure of the proportion of a target population that has received at least one contact with a specific service, an early coverage step.
- Contact RateConceptContact Frequency, Mixing Rate
- Contact rate is the expected number of defined, potentially transmission-relevant encounters an individual has per unit time in an infectious-disease model.
- Contact TracingConceptExposure Tracing, Case Contact Follow-Up
- Contact tracing finds and follows up people exposed to an infectious case so they can be tested, treated or quarantined before infecting others.
- ContaminationConcept
- Contamination occurs when trial participants receive the other arm's intervention, usually controls getting the new one, diluting the measured effect.
- Content ValidityConceptContent Soundness, Domain Representativeness
- Content validity is how far a health measure's items are relevant, comprehensive and understood for its construct, target population and context of use.
- ContextualizationTermContextualisation, Evidence Adaptation to Setting
- The process of interpreting and adapting external evidence to reflect the specific clinical, economic, and organisational context of a decision-making body.
- Contingency FeeTermContingent Fee, Recovery-Based Fee
- A payment structure in which a contractor is compensated based on a percentage of funds recovered through auditing, rather than a fixed fee.
- Contingency TableConcept2x2 Table, Two-by-Two Table, Cross-Tabulation
- A contingency table counts observations cross-classified by two or more categorical variables, such as trial arm by outcome or test result by disease.
- Contingent ValuationConceptCV Survey, Stated WTP Survey
- Contingent valuation (CV) is a stated preference survey method asking people what they would pay for, or accept to give up, a described change in health.
- Contingent Valuation MethodConceptCVM, Stated-Preference Valuation
- The contingent valuation method elicits a monetary value for a specified nonmarket health-related change by asking people what they would pay or accept in a carefully described hypothetical scenario.
- Continuity DesignTermCoverage Continuity Provisions, Transition Protection
- Provisions within an insurance plan intended to ensure enrollees maintain uninterrupted coverage and access to existing providers when transitioning between plans.
- Continuity of CareConceptCare Continuity, Continuous Care Relationship
- Continuity of care is the extent to which a patient's care over time is joined up, through a known clinician, shared information or a consistent plan.
- Continuous CoverageConceptUninterrupted Coverage, Gap-Free Coverage
- Continuous coverage is health insurance held with no gap longer than a set limit, often 63 days in US law, which can shorten pre-existing exclusions.
- Continuous DataConcept
- Continuous data are outcomes measured on a numerical scale that can take any value within a range, such as blood pressure, cost or utility.
- Continuous Glucose MonitoringTermCGM, Real-Time Glucose Monitoring
- A diabetes technology continuously tracking blood glucose through a sensor, giving more comprehensive data than periodic fingerstick testing.
- Continuous ModelConceptContinuous-Time Model, Differential-Equation Model
- A continuous model is a decision model run in continuous time rather than fixed cycles, so health events can occur at any moment, governed by rates.
- Continuous Quality ImprovementConceptCQI, Kaizen in Healthcare
- Continuous quality improvement (CQI) is an approach in which health services use systematic data and repeated tests of change to improve care.
- Contract TheoryConceptTheory of Contracts, Agency Contract Design
- Contract theory studies how contracts, such as provider payment rules, can align incentives when actions or information are hidden or cannot be verified.
- ContraindicationTermTreatment Exclusion Criterion, Do-Not-Use Condition
- A specific patient condition or characteristic making a particular treatment inadvisable or potentially harmful for them to receive.
- Control ArmConceptTrial Control Group, Comparison Arm, Control Group
- A control arm is the trial group given placebo, no treatment, another dose or another treatment, against which outcomes on the new treatment are compared.
- Control ChartConceptShewhart Chart, SPC Chart
- A control chart is a time-series plot of a health service measure with a centre line and control limits that separate routine variation from real change.
- Control Chart AnalysisTermControl Chart Interpretation, SPC Interpretation
- The process of interpreting a control chart to determine whether observed variation reflects normal fluctuation or a significant change requiring action.
- Control VariatesConceptControl Variate Method, Variance Reduction via Controls
- Control variates is a variance reduction method that corrects a Monte Carlo estimate, such as mean cost or QALYs, using a correlated output of known mean.
- Controllable CostConceptManageable Cost, Manager-Influenced Cost
- Controllable cost is a health service cost that a named budget holder can influence within the budget period, such as ward overtime or agency staffing.
- Convenience OutcomeTermConvenience Endpoint, Administration-Burden Outcome
- A clinical outcome measure capturing the ease or burden of a treatment's administration, such as dosing frequency, distinct from its clinical efficacy.
- ConvergenceConceptIterative Stabilisation, Algorithm Settling
- Convergence is the point at which an MCMC run or other iterative simulation settles on a stable result as the number of iterations increases.
- Convergence AssessmentTermConvergence Diagnostics, MCMC Diagnostics
- An evaluation of whether an iterative algorithm, such as a Markov chain Monte Carlo simulation, has run enough iterations to produce stable results.
- Convergent ValidityConceptConvergent Validation
- Convergent validity is evidence that a health measure correlates, as predicted in advance, with other measures of the same or a closely related construct.
- Conversion FactorConceptCF
- Conversion factor (CF) is the money amount per relative value unit that turns fee schedule relative values, such as Medicare RVUs, into payment amounts.
- Cook's DistanceConceptCook Distance, Influence Statistic
- Cook's distance is a regression diagnostic measuring how much all fitted values change when one observation, such as one patient's cost record, is removed.
- Cooling Off InterventionTermCooling-Off Period, Mandatory Delay
- A policy mechanism imposing a mandatory delay before a decision becomes final, meant to reduce impulsive choices made under pressure.
- Coordinated Care ModelTermCare Coordination Model, Integrated Delivery Model
- A delivery approach deliberately organising patient care activities among multiple participants to facilitate appropriate, timely service delivery across settings.
- Copas ModelConceptCopas Selection Model, Publication Bias Model
- The Copas model is a selection model for publication bias in meta-analysis that re-estimates the pooled effect under assumed rates of non-publication.
- CopaymentConceptCopay, Fixed Fee Cost-Share, Copay Amount, Fixed Copay Charge
- A copayment (copay) is a fixed amount an insured person pays for a covered health service, such as USD 20 per visit, unlike percentage-based coinsurance.
- COPD Assessment TestConceptCAT, Chronic Airways Assessment Test, CAAT
- COPD Assessment Test (CAT) is an eight-item patient questionnaire, scored 0 to 40, on how COPD affects health status, used in trials and GOLD assessment.
- Coping StrategyTermHousehold Financial Response, Expense Coping
- An action a household takes to manage the financial burden of a healthcare expense, such as borrowing, selling assets, or reducing spending.
- Copy ReferenceTermCopy-Reference Imputation, Reference-Based Imputation
- A missing data method, often used after treatment discontinuation, assuming a patient's future outcomes follow the trajectory observed in the reference arm.
- Core MeasureTermCore Quality Measure, Standardised Care Indicator
- A standardised, evidence-based process of care indicator established as a minimum quality expectation for a specific clinical condition.
- Core Measure ComplianceTermCore Measure Adherence, Core-Measure Conformance
- The degree to which an organisation adheres to a standardised set of evidence-based care processes established as minimum quality expectations.
- Core Outcome SetConceptCOS
- Core outcome set (COS) is the agreed minimum set of outcomes all trials in a condition should measure and report, so results can be compared and combined.
- Core Outcome Set DevelopmentConceptCOS Development, COS Development Study
- Core outcome set development is the consensus study, usually a review, Delphi and meeting, agreeing what trials in a condition should measure and report.
- Core Value MessageTermCentral Value Claim, Key Value Message
- The central, most important claim a manufacturer wishes to communicate regarding a technology's value proposition, forming the foundation for further materials.
- Coronary Artery Bypass GraftingTermCABG, Bypass Surgery
- A surgical procedure rerouting blood flow around blocked coronary arteries using a graft vessel taken from elsewhere, treating severe coronary artery disease.
