- Glossary of Terms
Glossary of Terms
We know that many of the concepts used on this site can be difficult to understand. For that reason, we have provided you with a glossary to help you make sense of the terms used in Comparative Effectiveness Research. Every word that is defined in this glossary should appear highlighted throughout the Web site. When you come upon a highlighted term and would like to read the full definition, you can either click on the word to visit the glossary or roll your mouse over the word for a pop-up definition.
- Cost-Effectiveness Analysis
Definition: A type of analysis that is similar to a cost-benefit analysis but is used when the benefits cannot be measured in financial terms or dollars. It would be hard to put a price-tag on living an extra year of life.
Example: For example, a cost-effectiveness analysis might compare the costs of two health care interventions that both helped people to live an extra year.