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cost-utility analysis

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
cost-utility analysis (CUA),
a type of economic evaluation of different approaches to managed health care costs. It compares the degree to which quality of life is improved per dollar spent. A quality-of-life index is used to compare interventions, including quality-adjusted life years.


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It compares 3 general approaches to evaluating the efficiency of interventions: cost-effectiveness analysis, cost-benefit analysis, and cost-utility analysis.
 
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