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.
F
- F-DistributionConceptF Distribution, Variance-Ratio Distribution
- The F distribution describes the ratio of two independent variance estimates and underlies F tests on cost and outcome regressions in health economics.
- Face ValidityTermSurface Validity, Expert-Judgement Validity
- A basic, largely subjective judgement of whether a model's structure and assumptions seem reasonable to experts familiar with the disease being modelled.
- Face Validity AssessmentTermFace Validity Check, Structural Plausibility Review
- The process of having clinical or methodological experts review a model's overall structure and key assumptions before more rigorous quantitative testing begins.
- Facilitator of ImplementationTermImplementation Facilitator, Enabler of Adoption
- A factor or individual actively supporting successful adoption of a new evidence-based practice, complementing efforts to address barriers.
- Facility Management HealthTermHealthcare Facilities Management, Estates Management
- The processes involved in maintaining and optimising a healthcare organisation's physical infrastructure, covering building maintenance and safety compliance.
- FACT-GConceptFunctional Assessment of Cancer Therapy General, Functional Assessment of Cancer Therapy-General
- FACT-G is a 27-item cancer quality of life questionnaire used as a trial outcome, whose scores need mapping or the FACT-8D before they can inform QALYs.
- Factor AnalysisConceptCommon-Factor Modelling, Latent-Structure Analysis
- Factor analysis explains correlations among observed variables using a smaller number of unobserved latent factors.
- Factor FixingTermParameter Fixing, Negligible-Factor Screening
- A global sensitivity analysis technique identifying which input parameters have negligible influence on a model's output, so they could be fixed at a constant.
- Factor LoadingConceptLoading Coefficient, Factor Weight
- A factor loading is a model-estimated coefficient that relates an observed variable to a latent factor under a specified factor-analytic measurement model.
- Factor MappingTermOutput-Region Mapping, Monte Carlo Filtering
- A global sensitivity analysis technique identifying which combinations of input values produce outputs within a specific range of interest, such as below a threshold.
- Factor PrioritisationTermVariance-Based Ranking, Parameter Importance Ranking
- A global sensitivity analysis technique ranking input parameters by how much of a model's output variance each is responsible for.
- Factor RotationConceptOrthogonal Factor Rotation, Oblique Factor Rotation, Varimax Rotation, Promax Rotation, Factor Rotations
- Factor rotation transforms an extracted factor solution to make its loading pattern easier to interpret while preserving the model-implied common covariance under an equivalent transformation.
- Factorial DesignConceptFactorial Trial, Multi-Factor Design
- Factorial design is a trial design randomising people to combinations of two or more treatments, so one trial estimates each effect and any interaction.
- Failure Mode Effects AnalysisTermFMEA, Failure Mode and Effects Analysis, Failure Mode Analysis
- A structured method proactively identifying and evaluating potential failure modes, along with their likely severity and detectability, to prioritise preventive action.
- Failure to RescueConceptFTR
- Failure to rescue (FTR) is a hospital quality measure giving the share of patients who die after developing a complication, most often following surgery.
- Fair InningsTermFair Lifespan Principle, Fair-Share Lifespan
- An ethical argument holding that people who die young have been deprived of a fair share of a normal lifespan, deserving greater priority.
- Falls RateConceptPatient Fall Rate, Inpatient Falls Indicator
- Falls rate is inpatient falls per 1,000 occupied bed days (patient days), a hospital patient safety indicator also reported for injurious falls.
- False Claims ActTermFCA, False Claims Law
- A US federal law imposing liability on those who knowingly submit false claims for payment to the government, including federal healthcare programmes.
- Family ImpactTermFamily Burden, Family Effect Measure
- A measure capturing a patient's illness or treatment effect on family members, covering emotional burden, disrupted routines, and financial strain.
- Family Planning CoverageTermContraceptive Coverage, Reproductive Service Coverage
- A measure of the proportion of individuals with access to needed contraceptive and reproductive health services, a tracer indicator for universal health coverage.
- Fast Track DesignationTermFast Track Status, Expedited Review Designation
- A regulatory designation facilitating and expediting review of drugs treating serious conditions with unmet need, offering more frequent regulatory interaction.
- FatigueTermTiredness, Lack of Energy
- A clinical outcome measure capturing a patient's subjective tiredness or lack of energy, commonly assessed using standardised, validated fatigue-specific instruments.
- FDATermUS Food and Drug Administration, Food and Drug Administration
- The US Food and Drug Administration, the federal agency responsible for regulating the safety and efficacy of drugs, biologics, and devices.
- Feasibility AssessmentConceptFeasibility Study, Practicality Assessment
- An evaluation of whether a proposed study or intervention can practically be conducted given available resources, infrastructure, and population characteristics.
- Feasibility CriterionTermPracticality Criterion, Implementability Standard
- A standard assessing whether a proposed study, intervention, or policy can practically be implemented given available resources and constraints.
- Federal SystemTermFederal Health System, Federated Governance Model, Federation Model, Federal Governance Arrangement, Multi-Level Health Governance
- A health system structure where authority is constitutionally divided between national and subnational governments, each retaining meaningful independent authority.
- Federally Qualified Health CenterTermFQHC, Federal Health Center
- A community-based provider receiving US federal funding to deliver comprehensive primary care to medically underserved populations regardless of ability to pay.
- Fee FreezeTermFee Rate Freeze, Payment Freeze
- A regulatory or contractual action preventing fee schedule rates from increasing for a specified period, a cost-containment mechanism.
- Fee ReductionTermFee Cut, Payment Rate Reduction
- A decrease in the payment rate for a specific service under a fee schedule, whether from regulatory action or negotiated agreement.
- Fee ScheduleTermPayment Schedule, Reimbursement Schedule, Price Schedule, Pricing Schedule, Tariff Table
- A comprehensive list specifying the predetermined payment amount a payer will reimburse for each specific service, organised by standardised procedure codes.
- Fee-for-ServiceConceptFFS, Per-Service Payment
- Fee-for-service (FFS) is a provider payment method in which a purchaser pays separately for each item of care, such as a consultation, test or procedure.
- Fee-For-Service IncentiveTermVolume Incentive, FFS Volume Incentive
- The financial incentive within fee-for-service payment where revenue rises with service volume, independent of necessity or value of care given.
- Feedback InterventionTermPerformance Feedback, Feedback Technique
- An intervention that gives individuals information about their own behaviour or outcomes to influence future behaviour.
- Feedback LoopTermCausal Feedback, Feedback Mechanism
- A causal pathway in which a change in one variable eventually leads, through other variables, back to a change in itself.
- FHIRTermFast Healthcare Interoperability Resources, Health Data Exchange Standard
- A technical standard for exchanging healthcare information electronically, designed to let different systems share data more easily using web-based technology.
- Field EpidemiologyTermApplied Epidemiology, Outbreak Epidemiology
- The application of epidemiological methods to investigate and respond to acute public health problems, such as outbreaks, in real time.
- Fieller MethodConceptFieller's Theorem, Ratio Confidence Interval Method
- The Fieller method calculates a confidence interval for a ratio such as the ICER, allowing for joint uncertainty in the cost and effect differences.
- Final OutcomeTermTrue Endpoint, Definitive Outcome
- A clinical outcome measure directly reflecting a patient's health status or survival, such as death, unlike a surrogate or intermediate outcome.
- Final RecommendationTermFinal Guidance, Binding Recommendation
- The concluding, binding decision issued by an assessment body following its full appraisal process, determining a technology's funding status.
- Financial BarrierConceptCost Barrier, Affordability Barrier
- A financial barrier is a cost that stops or delays people using health or social care, such as charges, travel or lost pay, when they cannot afford it.
- Financial EfficiencyTermFiscal Efficiency, Cost Efficiency of Finance
- A measure of how effectively an organisation converts financial resources into patient care activity and outcomes, avoiding unnecessary spending.
- Financial FeasibilityTermFiscal Feasibility, Funding Feasibility
- An assessment of whether a proposed policy can be adequately funded given available resources, considering both implementation and long-term fiscal cost.
- Financial Hardship MeasureTermFinancial Burden Measure, Hardship Indicator
- A quantitative indicator assessing the degree of financial burden a household faces from healthcare costs, such as catastrophic expenditure.
- Financial ManagementTermHealthcare Financial Management, Accounting
- In health economics, the planning, recording, control and reporting of a healthcare organisation's financial resources, providing the accounts and metrics used to assess financial performance and sustainability.
- Financial ProtectionTermFinancial Risk Protection, Cost Burden Shielding
- The degree to which a financing system shields individuals from healthcare cost burden, covering both service breadth and protection depth.
- Financial Protection IndexTermProtection Index, Financial Risk Protection Index
- A composite measure combining multiple financial hardship indicators into a single statistic tracking a health system's protection performance over time.
- Financial RatioTermAccounting Ratio, Financial Metric
- A quantitative measure derived from an organisation's financial statements, used to assess liquidity, solvency, or profitability.
- Financial StatementTermAccounts, Financial Report
- A formal record summarising an organisation's financial activities and position, typically comprising the income statement, balance sheet, and cash flow statement.
- Financing IncidenceTermFinancing Burden Distribution, Incidence of Financing
- An analysis of how a health system's financing burden, whether taxation or out-of-pocket payments, is distributed across population subgroups.
- Finite Difference MethodConceptFDM, Difference Quotient Method
- The finite difference method replaces derivatives with algebraic differences between function values at neighbouring grid points.
