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.
D
- D-Efficient DesignConceptD-Efficiency Design, Determinant-Efficient Design
- A D-efficient design is a discrete choice experiment design chosen for low D-error, giving precise preference estimates under an assumed model.
- DALY Calculation MethodConceptDALY Computation, DALY Estimation Approach
- The methodology used to compute disability-adjusted life years, combining years of life lost to premature death with years lived with disability, weighted by severity.
- Data AccuracyTermRecording Accuracy, Data Correctness
- The degree to which recorded data correctly reflect the true value of what they are meant to measure, free from measurement error.
- Data AnalyticsConceptHealth Data Analysis, Analytic Methods
- Data analytics is the use of statistical and computational methods on health data to describe what happened, predict outcomes and guide decisions.
- Data Collection RequirementTermEvidence Generation Requirement, Data Requirement
- A condition attached to a conditional reimbursement decision, mandating collection of additional real-world performance data within a defined timeframe.
- Data CompletenessTermRecord Completeness, Data Coverage
- The extent to which all intended data elements have actually been recorded, distinct from data accuracy, which concerns whether values are correct.
- Data Envelopment AnalysisConceptDEA, Frontier Efficiency Method
- Data envelopment analysis (DEA) is a linear programming method that scores hospitals and other health care units on technical efficiency against peers.
- Data ExclusivityConceptRegulatory Data Protection, Data Protection Period
- Data exclusivity is the period after a medicine's first approval in which generic or biosimilar applicants may not rely on the originator's trial data.
- Data ExtractionConceptEvidence Extraction, Study Data Coding
- Data extraction is the recording of study details and results on a structured form for use in a systematic review, meta-analysis or economic model.
- Data GovernanceConceptData Stewardship, Information Governance
- Data governance is the set of rules, roles and controls that decides who may access and use health data, for what purpose and under which safeguards.
- Data MiningConceptKnowledge Discovery, Pattern Mining
- Data mining is the computational search of large health datasets, such as claims or patient records, for patterns that were not specified in advance.
- Data PoolingConceptStudy Pooling, Statistical Pooling
- Data pooling is the statistical combining of results from several studies into one summary estimate, usually weighting each study by its precision.
- Data QualityConceptData Fitness, Data Integrity
- Data quality is the fitness of data for a specific use in health research or HTA, judged by completeness, accuracy, consistency, timeliness and relevance.
- Data RelevanceTermData Applicability, Relevance to Question
- The degree to which a dataset's population, exposures, and outcomes align with the specific research or decision question being addressed.
- Data Safety Monitoring BoardConceptDSMB, Data Monitoring Committee
- Data Safety Monitoring Board (DSMB) is an independent committee that reviews unblinded interim trial data and advises whether to continue, change or stop.
- Data SecurityConceptInformation Security, Health Data Protection, Digital Security, Digital Health Security, Cybersecurity Health
- Data security is the set of technical, physical and administrative safeguards that keep health data confidential, unaltered and available when needed.
- Data StandardTermData Specification, Interoperability Standard
- A defined specification governing how health information should be structured, coded, and exchanged between different information systems.
- Data TimelinessTermData Currency, Data Recency
- The degree to which a dataset reflects current, rather than outdated, conditions, practices, or populations.
- Data Use AgreementTermDUA, Data Sharing Agreement
- A formal contract governing the terms under which a dataset, particularly one containing patient-level health information, may be accessed and shared.
- Data VisualisationTermData Visualization, Information Graphics
- In health economics and analytics, the graphical presentation of data to reveal patterns, relationships and uncertainty, such as plotting probabilistic sensitivity analysis results or quality-control trends.
- Database SelectionTermData Source Selection, Database Choice
- The process of choosing an appropriate data source for a research question, based on population coverage, available data elements, and sample size.
- Day LimitTermDay Cap, Covered Days Cap
- A cap on the number of days of a specific care type, such as inpatient stay, that an insurance plan will cover in a period.
- Day OutlierTermLength-of-Stay Outlier, Long-Stay Outlier
- A case whose actual length of stay substantially exceeds what standard diagnosis-related group payment would expect, triggering additional supplemental payment.
- Day SurgeryTermDay-Case Surgery, Same-Day Procedure, Outpatient Surgery, Ambulatory Surgery
- A surgical procedure performed on an outpatient basis, with the patient discharged home the same day rather than staying overnight.
- Days Cash on HandTermDCOH, Cash Reserve Ratio
- A financial ratio measuring how many days an organisation could cover its operating expenses using only available cash reserves, without extra revenue.
- Days in Accounts ReceivableConceptDAR, AR Days
- Days in accounts receivable (AR days) is a provider's net receivables divided by average daily net patient revenue, giving days of revenue still unpaid.
- De-IdentificationConceptData Anonymisation Process, Identifier Removal
- De-identification is the removal or alteration of identifiers in health data, such as names, exact dates and postcodes, to lower re-identification risk.
- Deadweight LossConceptWelfare Loss, Excess Burden
- Deadweight loss is the net loss of total surplus when a tax, subsidy, market power or insurance drives a wedge between price and marginal cost.
- Death SpiralConceptAdverse-Selection Spiral, Premium Spiral
- A death spiral is a cycle in which rising health insurance premiums drive lower-risk members out, raising the pool's average cost and the next premium.
- Debt RatioTermDebt-to-Asset Ratio, Leverage Ratio
- A financial ratio calculated as total liabilities divided by total assets, showing the proportion of assets financed through debt rather than equity.
- DebuggingTermCode Error Correction, Model Fault Fixing
- The process of identifying and correcting errors within a health economic model's underlying code or spreadsheet formulas.
- DecentralizationConceptDecentralisation, Authority Devolution
- Decentralization is the transfer of authority over health financing, purchasing or delivery from central government to regional, local or other bodies.
- Decentralized SystemTermDevolved Health System, Regionalised System
- A health system structure where significant decision-making authority is distributed to regional or local levels rather than concentrated nationally.
- DecileTermTenth, Ten-Group Split
- A descriptive statistic dividing a ranked dataset into ten equal-sized groups, the first decile being the bottom ten percent and the tenth the top.
- DecisionConcept
- A decision in health economics is a choice between alternative uses of health care resources, such as funding a technology, informed by evidence.
- Decision AidConceptDecision Support Tool, Shared-Decision Tool
- A decision aid is a tool that helps patients choose between treatment or screening options by setting out benefits and harms and clarifying their values.
- Decision AlgorithmConceptDecision Rule Set, Appraisal Algorithm
- A decision algorithm is a fixed sequence of explicit rules that turns evidence into a decision, such as an outcome-level HTA benefit grade or a test order.
- Decision AnalysisTermDecision-Analytic Approach, Decision Modelling Framework
- In health economics, a systematic quantitative approach to choosing among options under uncertainty by modelling their expected costs and consequences.
- Decision CriteriaConceptAppraisal Criteria, Decision Factors
- Decision criteria are the factors an HTA body weighs in a funding recommendation, such as clinical benefit, cost-effectiveness and severity.
- Decision Curve AnalysisConceptDCA
- Decision curve analysis (DCA) plots the net benefit of a prediction model or test across risk thresholds against treating all or no patients.
- Decision Fatigue ConceptConceptDecision Fatigue, Choice Fatigue
- The decision fatigue concept holds that decision quality falls after a long run of choices, as when clinicians treat patients differently late in a shift.
- Decision MakingConceptHealth Care Decision Making
- Decision making in health care is the process by which payers, HTA bodies and clinicians choose between options using evidence, costs, criteria and values.
- Decision NodeConceptChoice Node, Decision Point
- A decision node is a point in a decision tree, drawn as a square, where the decision maker chooses between options and no probabilities are attached.
- Decision ProblemConcept
- A decision problem is the choice an economic evaluation or model must inform, stated as population, options compared, outcomes, costs and decision maker.
- Decision Relevance PeriodTermDecision Validity Period, Relevance Horizon
- The length of time a technology assessment decision is expected to remain applicable before newer evidence or treatments supersede it.
- Decision RuleConceptChoice Rule, Explicit Decision Criterion
- A decision rule is an explicit criterion, such as an ICER threshold or net benefit, for choosing between healthcare interventions in economic evaluation.
- Decision SupportConceptDSS
- Decision support is software or a structured tool that gives clinicians or patients relevant evidence when a health care choice is being made.
- Decision TreeConceptTree Model, Branching Decision Model
- A decision tree is a branching model used in economic evaluation: strategies, chance events and end points give each option's expected costs and QALYs.
- Decision Tree ModelConceptTree-Based Model, Branch Model
- A decision-analytic model built on the decision tree structure, with all possible patient pathways explicitly represented as branches to calculate expected cost.
- Decision UncertaintyConceptDecision Risk, Probability of Wrong Decision
- Decision uncertainty is the probability that the option preferred on current evidence is not the best, given uncertainty in costs and health effects.
