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Trending healthcare terms

Browse the most popular healthcare terms of the last few days

  • Cognitive dissonance
    Emotion that runs through a customer after they have made a purchase and begin to rethink their purchase when new alternatives are exposed. Consumers will try to rationalise their choice by focusing on the advantages to the product that they have purchase
  • Standard of care
    A guideline for the treatment of a condition that can be general or specific. Scientific evidence is gathered to help professionals determine the level of care a patient should expect
  • Data collection
    The process of collecting market research data accomplished through interviewing or surveying
  • Launch plan
    The promotional strategy for the introduction of a new product
  • Demographics
    Information about the target audience, such as age, gender, race etc…
  • Drug tariff
    A monthly UK publication used as a reference for the payment and repayment of NHS prescription costs in the UK by pharmacists or doctors dispensing in primary care. It covers such issues as the costs of prescription payments for patients, costs of appliances and blacklisted medicines
  • Cost-effectiveness analysis (health economics)
    A form of economic evaluation in which the results are expressed as a ratio of cost per unit of health outcome, the latter is normally being expressed in 'natural units' (eg, mm Hg change in blood pressure, symptom free days) 
  • Health Status Instrument (Pharmacoeconomics)
    A collection of questionnaires, interview schedules, administrative procedures and scoring instructions for a health status measure
  • Market positioning
    The consumer perception of a product in relation to its market competitors. The company behind the product can attempt to manipulate this position
  • Competitor analysis
    A comparison of a brand against competitors. Can be measured in various ways

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