Terms for identifying, measuring and valuing the resources used in health care.
Activity-based costing is a costing method that assigns resource costs to activities through causal cost drivers and then traces activity costs to services, patients, or other cost objects according to their use of those activities.
Total cost divided by the quantity of output produced, giving the cost per unit of service.
Bottom-up costing estimates the cost of care by measuring the resources used for a patient, service, or pathway and valuing each resource with an appropriate unit cost.
The cost of long-lived assets, such as buildings and medical equipment, used in delivering a health intervention.
The economic value of resources consumed or displaced when a healthcare service, programme or intervention is provided.
Cost allocation is the assignment of shared or indirect resource costs to defined services, activities, or populations using an explicit allocation rule.
A study that estimates the resources consumed by a health intervention without relating those costs to health outcomes.
A cost-of-illness study is a descriptive economic analysis that identifies, measures and values the healthcare resource use, patient and caregiver costs, productivity losses and other economic consequences attributable to a disease, injury or risk factor in a defined population and period.