Encyclopaedia

Explore comprehensive, evidence-informed explanations of key health economics concepts, including their development, application and relationships to other concepts. Published entries are validated through human expert review.

Concepts, entries and ontology terms

A concept page is a published entry on the wiki. Some concepts also have a full encyclopaedia article. The Health Economics Ontology (HEO) holds every concept, including dictionary terms without an article, so it is larger than the list of published pages. The knowledge graph shows how concepts relate to each other.

Factor Loading

A factor loading is a model-estimated coefficient that relates an observed variable to a latent factor under a specified factor-analytic measurement model.

Evidence SynthesisExpert Verified2 related concepts

Factor Rotation

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.

Evidence SynthesisExpert Verified2 related concepts

Factorial 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.

Evidence SynthesisExpert Verified4 related concepts

Failure to Rescue

Failure to rescue (FTR) is a hospital quality measure giving the share of patients who die after developing a complication, most often following surgery.

Health PolicyExpert Verified2 related concepts

Falls Rate

Falls rate is inpatient falls per 1,000 occupied bed days (patient days), a hospital patient safety indicator also reported for injurious falls.

Health PolicyExpert Verified4 related concepts

Feasibility Assessment

An evaluation of whether a proposed study or intervention can practically be conducted given available resources, infrastructure, and population characteristics.

Evidence SynthesisExpert Verified1 related concept

Fee-for-Service

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.

Health PolicyExpert Verified5 related concepts

Fieller 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.

Evidence SynthesisExpert Verified3 related concepts

Financial 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.

Health PolicyExpert Verified4 related concepts

Finite Difference Method

The finite difference method replaces derivatives with algebraic differences between function values at neighbouring grid points.

Differential EquationsExpert Verified3 related concepts

Finite Mixture Model

A finite mixture model treats data such as patient costs or utilities as coming from a fixed number of hidden subgroups, each with its own distribution.

Evidence SynthesisExpert Verified1 related concept

First-Order Index

A first-order index in variance-based sensitivity analysis is the fraction of model-output variance explained by changes in the conditional mean when one uncertain input varies on its own under the specified input distribution.

Economic ModellingExpert Verified3 related concepts

Fixed Effect Model

A meta-analysis model assuming all included studies estimate the same true effect, with observed variation attributed entirely to sampling error.

Evidence SynthesisExpert Verified1 related concept

Fixed Effects

Fixed effects are unit-specific terms in panel data regression that remove bias from stable unmeasured traits of patients, hospitals or areas.

Evidence SynthesisExpert Verified3 related concepts

FLACC Scale

FLACC Scale is an observer-rated pain score for young or non-verbal children, totalling 0 to 10, used as a trial outcome but unable to give QALYs directly.

Evidence SynthesisExpert Verified4 related concepts

Fleming-Harrington Estimator

The Fleming-Harrington estimator derives survival from censored trial data as the exponential of minus a cumulative hazard corrected for tied event times.

Economic ModellingExpert Verified3 related concepts

Fleming-Harrington Test

The Fleming-Harrington test is a weighted log-rank test whose two parameters tilt survival comparisons in trials and HTA towards early or late differences.

Economic ModellingExpert Verified3 related concepts

Flexible Parametric Model

A flexible parametric model is a survival model that uses splines in time to fit complex hazard shapes, giving smooth curves for extrapolation in HTA.

Economic ModellingExpert Verified4 related concepts

Focus Group

A focus group is a moderated small-group discussion used in health research and economic evaluation to explore people's views through their interaction.

Evidence SynthesisExpert Verified4 related concepts

Folding Back

Folding back is the backward evaluation of a decision tree that takes probability-weighted values at chance nodes and selects the preferred feasible action at decision nodes under a stated objective.

Economic ModellingExpert Verified3 related concepts