Concept information
Preferred term
cost-utility analysis
Definition
- Cost-utility analysis is a special form of cost-effectiveness analysis where the health outcomes are measured in terms of a preference-based utility measure. Like cost-effectiveness analysis, this yields an outcome of the evaluation that is expressed in terms of a cost per unit effect. [Source: Encyclopedia of Medical Decision Making; Cost-Utility Analysis]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/cost-utility_analysis
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