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

2 terms

QALY GainIncremental QALY, QALYs Gained

The increase in quality-adjusted life years attributable to an intervention, the difference between the QALYs expected under it and its comparator.

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Quality-Adjusted Life Year (QALY)QALY, Quality-Adjusted Life-Year

A quality-adjusted life year combines time lived with preference-based health-state values so that one year at utility 1 represents one QALY, while periods in poorer health contribute proportionately less—or negatively where the applicable value set permits states valued below dead.

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