Cost-Effectiveness Analysis

Terms used to compare the costs and health effects of alternative interventions and judge value for money.

  • Topic: Cost-Effectiveness Analysis
  • 42 terms
  • Editor reviewed

1 term

Average Cost-Effectiveness RatioAverage Cost-Effectiveness, ACER

The total cost of an intervention divided by its total health effect, calculated for each option rather than as a comparison.

DictionaryEncyclopaedia