Budget Impact ModelBIM, Budget Impact Spreadsheet
A budget impact model estimates how introducing, removing, or changing use of a health technology will alter expenditure for a specified budget holder over a short- to medium-term planning horizon.
Budget Impact Analysis
Terms for estimating the financial consequences of adopting a new intervention within a specific budget.
- Topic: Budget Impact Analysis
- 28 terms
- Editor reviewed
Budget Impact RequirementsBIA Submission Standards, Budget-Impact Evidence Requirements
The specific evidentiary and methodological standards a body requires a manufacturer's budget impact submission to meet, covering time horizon and scenarios.
Cost-Offset AnalysisCost Offset Study, Savings Offset Analysis
An analysis examining whether the extra cost of an intervention is partly or fully offset by savings elsewhere, such as fewer hospital admissions.
DiffusionInnovation Spread, Population Uptake, Technology Diffusion
The process by which a new technology, treatment, or practice spreads through use within a population or health system.
DisinvestmentDivestment, Funding Withdrawal
The deliberate withdrawal of funding from a healthcare service or technology found to provide low value or since superseded by a better alternative.
DisplacementForgone Health, Health Opportunity Loss, Displacement Effect
The loss of health benefit elsewhere in a health system that results from allocating resources to a new treatment.
Eligible PopulationQualifying Population, Eligible Cohort
The subgroup of patients who meet the clinical or administrative criteria for receiving a given treatment.
Hard Budget ConstraintBinding Budget Constraint, Fixed Budget Limit
A binding spending limit an organisation cannot exceed without genuine financial consequences, such as insolvency or service cuts.