DominanceSimple Superiority, Strict Cost-Effect Advantage
A relationship between two interventions in which one is both less costly and more effective, making the other an inferior choice regardless of threshold.
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
Dominated AlternativeDominated Option, Inferior Alternative
An intervention that is both more costly and less effective than another option, or a combination of options, and so should not be selected.
Economic EvaluationHealth Economic Appraisal, Cost-Outcome Analysis
Economic evaluation compares the costs and outcomes of healthcare alternatives to inform decisions about value and limited resource allocation.
Extended DominanceCombination Dominance, Non-Simple Dominance
A situation where an intervention is not dominated by any single alternative but is inferior to a combination of two other options.
Full Economic EvaluationComplete Economic Evaluation, Comparative Economic Evaluation
An economic evaluation comparing two or more alternatives in terms of both costs and consequences, unlike a partial evaluation examining costs or outcomes alone.
Fully Incremental AnalysisFull Incremental Analysis, Sequential ICER Analysis
Fully incremental analysis compares all mutually exclusive strategies in an ordered sequence to identify the cost-effectiveness frontier.
Healthcare PerspectiveHealth System Perspective, Third-Party Payer Perspective
An analytic viewpoint including only costs and outcomes falling on the healthcare payer or provider, excluding broader costs such as productivity loss.
Incremental CostAdditional Cost, Marginal Cost Difference
Incremental cost is the difference in expected total cost between one healthcare option and its stated comparator, calculated using the same population, perspective, time horizon, currency, price year and costing methods.