Cost-Saving Intervention
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called a decision tree. The time during which an event is experienced is assigned a utility score reflecting its quality-of-life impact. The conventional ultimate outcome, which integrates quality of life and survival, is the treatment gain in terms of quality-adjusted life years (QALYs). The cost-effectiveness ratio (CER) is cost/QALY gained. The ratio is used to evaluate a treatment relative to no treatment, or to an alternative treatment (i.e., incremental CER or ICER).
than the cost of organizing and delivering the intervention, the intervention is called cost-saving. In other words, these programs pay for themselves by saving more money elsewhere than the cost of adopting the program.
Cost-Utility Analysis Synonyms Cost-Effectiveness Analysis
Cost-Effectiveness Ratio Definitions The incremental cost of obtaining a unit of health effect from a given intervention, when compared with an alternative. It is calculated as the difference in costs between two alternatives divided by the difference in health effects. Examples of cost-effectiveness ratios are cost per QALY, cost per life year gained and cost per case prevented.
Definition Cost-Utility Analysis is a type of costeffectiveness analysis in which effectiveness, or efficacy, is measured by a utility score derived from the EQ-5D. The utility score is based on the comparative social-preference of having one possible health state over another possible health state for a determined period of time. The most common application of this analysis is in pharmacoeconomics and health economics to make evidencebased decisions.
Cost-Minimization Analysis Definition Cost-Minimization Analysis, a form of economic evaluation in which only changes in costs of the intervention are taken into account.
Cost-of-Illness Definition Economic burden of a disease or diseases.
Coverage Definition Geographic areas or segments of the population ‘‘covered’’ in a data source, expressed in the percentage of the total population covered in a data source. ▶ Completeness and Accuracy of Death Date and the Implications for Studying Disease Burdens: Focus on Alternative Data Sources
Cost-Saving Intervention Definition When the medical care and other direct costs saved by an intervention are more
CP ▶ Cerebral Palsy
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