cost-benefit analysis
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Related to Cost/benefit analysis: Cost Benefit Ratio
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.McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.