cost-benefit analysis

(redirected from Benefit/cost analysis)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Encyclopedia.

cost-benefit analysis (CBA)

a type of economic evaluation of medical care expense. It compares the expected monetary benefit derived from different health interventions with the expected cost of providing each of the interventions to determine the best or most profitable option.

cost-benefit analysis

Cost-benefit evaluation Clinical trials A form of economic analysis from a social perspective, in which the costs of medical care are compared with the economic benefits of the care provided, with both the costs and benefits being expressed in monetary units; the benefits evaluated include projected ↓ in future health care costs and ↑ earning as a result of the intervention of interest. Cf Cost-effectiveness analysis.

cost-benefit analysis,

n the comparative study of the service or production costs of a service or item and its value to the subject.

cost-benefit analysis

References in periodicals archive ?
5) 1 Table 7: Prioritization of strategic actions based on benefit/cost analysis.
A benefit/cost analysis of a DSS for South Carolina's state forests is presented.
The newly developed Highway Economic Requirements System (HERS) uses incremental life-cycle benefit/cost analysis to define the "near-optimal" cost-effective set of appropriate improvement options given user defined policy scenarios.