Concept information
Preferred term
cost-effectiveness analysis
Definition
- Cost-effectiveness analysis involves comparison of the additional costs and health benefits of an intervention with those of the available alternative(s). The aim of such an analysis is to determine the value in terms of money of the intervention(s). [Source: Encyclopedia of Medical Decision Making; Cost-effectiveness Analysis]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/cost-effectiveness_analysis
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