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Healthcare Glossary

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Cost-effectiveness threshold (health economics)

The ceiling incremental cost-effectiveness ratio (ICER) beyond which interventions are no longer considered cost effective, reflecting the maximum value decision makers attach to health benefits. This may be stated in terms of cost per quality adjusted life year (QALY) gained.

See also:
Decision making unit (DMU)
Cost–benefit analysis
Cost-effective (healthcare economics)
Cost-effectiveness league table (healthcare economics)
Cost-minimisation analysis (CMA)
Cost consequences analysis (CCA)

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Related terms

Over the counter (OTC), American Medical Association (AMA), World Health Organisation (WHO), British Medical Association (BMA), Drug tariff, Mathematical analysis of perception and preference (MAPP), Health Maintenance Organisation (HMO), Healthcare Communications Association (HCA), Payment by results (PBR) , Formulary, Prescribing Analysis and Cost (PACT), Cost-effectiveness league table (healthcare economics), Preferred provider organisation (PPO), Compliance, Continuing professional development (CPD),

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