We've got 11 shorthands for cost-effectiveness analysis »
Acronyms that contain the term cost-effectiveness analysis
What does cost-effectiveness analysis mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: cost-effectiveness analysis.
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Term | Definition | Rating |
---|---|---|
CEA | Cost Effectiveness Analysis | |
COEA | Cost and Operational Effectiveness Analysis | |
CTEA | Cost and Training Effectiveness Analysis | |
IBCEA | Index Based Cost Effectiveness Analysis | |
CEA | Cost-Effectiveness Analysis | |
CEAR | Cost Effectiveness Analysis Registry | |
ECEA | Extended Cost Effectiveness Analysis | |
ICEA | Individualized Cost Effectiveness Analysis | |
CBCEA | Cost-benefit analysis and cost-effectiveness analysis | |
CEA/CBA | Cost-Effectiveness Analysis and Cost-Benefit Analysis | |
ROSEBUD | Road Safety and Environmental Benefit-Cost and Cost-Effectiveness Analysis for Use in Decision Making |
What does cost-effectiveness analysis mean?
- Cost-effectiveness analysis
- Cost-effectiveness analysis (CEA) is a form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action. Cost-effectiveness analysis is distinct from cost–benefit analysis, which assigns a monetary value to the measure of effect. Cost-effectiveness analysis is often used in the field of health services, where it may be inappropriate to monetize health effect. Typically the CEA is expressed in terms of a ratio where the denominator is a gain in health from a measure (years of life, premature births averted, sight-years gained) and the numerator is the cost associated with the health gain. The most commonly used outcome measure is quality-adjusted life years (QALY).Cost–utility analysis is similar to cost-effectiveness analysis. Cost-effectiveness analyses are often visualized on a plane consisting of four quadrants, the cost represented on one axis and the effectiveness on the other axis. Cost-effectiveness analysis focuses on maximising the average level of an outcome, distributional cost-effectiveness analysis extends the core methods of CEA to incorporate concerns for the distribution of outcomes as well as their average level and make trade-offs between equity and efficiency, these more sophisticated methods are of particular interest when analysing interventions to tackle health inequality.
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"cost-effectiveness analysis." Abbreviations.com. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.abbreviations.com/cost-effectiveness%20analysis>.
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