Costing & Resource Use

Terms for identifying, measuring and valuing the resources used in health care.

  • Topic: Costing & Resource Use
  • 40 terms
  • Editor reviewed

6 terms

Capital CostCapital Expenditure, CapEx

The cost of long-lived assets, such as buildings and medical equipment, used in delivering a health intervention.

CostResource Expenditure, Monetary Value of Resources

The economic value of resources consumed or displaced when a healthcare service, programme or intervention is provided.

Cost AllocationShared Cost Allocation, Overhead Allocation, Indirect Cost Allocation, Cost Apportionment

Cost allocation is the assignment of shared or indirect resource costs to defined services, activities, or populations using an explicit allocation rule.

Cost AnalysisCosting Study, Cost Estimation Study

A study that estimates the resources consumed by a health intervention without relating those costs to health outcomes.

Cost-of-Illness StudyCOI Study, Burden of Disease Costing

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.

Currency ConversionExchange-Rate Conversion, Currency Translation

The translation of cost or price data from one national currency into another, typically using exchange rates or purchasing power parity.