Net Health BenefitNHB, Incremental Health Benefit
A summary measure expressing an intervention's value in health units, converting incremental cost into health forgone and subtracting it from health gained.
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
Net Monetary BenefitNMB, Money-Valued Benefit
A summary measure expressing an intervention's value in money, converting its incremental health effect into cash at a set threshold and subtracting incremental cost.
NICE ThresholdNICE Cost-Effectiveness Threshold, NICE QALY Threshold
The range of cost per QALY, typically cited as between twenty thousand and thirty thousand pounds, that NICE uses to judge acceptable NHS spending.