Incremental cost-effectiveness ratio
id:
incremental-cost-effectiveness-ratio-314-305972
title:
Incremental cost-effectiveness ratio
text:
The incremental cost-effectiveness ratio (ICER) is a statistic used in cost-effectiveness analysis to summarise the cost-effectiveness of a health care intervention. It is defined by the difference in cost between two possible interventions, divided by the difference in their effect. It represents the average incremental cost associated with 1 additional unit of the measure of effect. The ICER can be estimated as: where C 1 and E 1 are the cost and effect in the intervention group and where C 0
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encyclopedia
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original url:
https://en.wikipedia.org/wiki/Incremental_cost-effectiveness_ratio
date created:
date modified:
2022-11-04T01:32:08Z
main entity:
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13
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