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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)
Related terms
Practice Based Commissioning (PBC), Growth stage, Shareholder value, Economic regulation, Syndicate groups, Cost per click (CPC), Discounted cash flow (DCF), Life cycle (product), Added value, Portfolio analysis, Tariffs, Bias, Marginal cost, e-Detailing, Risk analysis,
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