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Healthcare Glossary

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Economic evaluation

A comparative analysis of two or more alternatives in terms of their costs and benefits.

Economic evaluation is the comparison of numerous strategies taking into account costs and consequences. Economists commonly define several methods of economic evaluation, distinguished by how consequences are calculated

See also:
Economic Regulation
Cost–benefit analysis
Cost consequences analysis (CCA)
Cost-effectiveness league table (healthcare economics)
Cost-effectiveness threshold (health economics)
Cost-minimisation analysis (CMA)

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