About The Medical Condition Cost Effectiveness
Find the definition of the medical term Cost Effectiveness. Cost Effectiveness defined and explained for easy understanding at the Medical Conditions from ClusterMed.info.
Cost Effectiveness
| Cost Effectiveness Medical Condition |
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What's The Definition Of The Medical Condition Cost Effectiveness?
A method of comparing the cost of a program with its expected benefits in dollars (or other currency). The benefit-to-cost ratio is a measure of total return expected per unit of money spent. This analysis generally excludes consideration of factors that are not measured ultimately in economic terms. Cost effectiveness compares alternative ways to achieve a specific set of results.
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