cost-effective


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cost-effective

Managed care adjective Referring to an intervention that is considered financially optimal if there is no other available intervention that offers a clinically appropriate benefit at a lower cost

cost-effectiveness

An assessment or determination of the most efficient and least expensive approaches to providing health care and preventive medicine services. One component, health education, focuses on helping people to assume some responsibility for their own health maintenance and avoid preventable illness and disability. Accident prevention programs, immunization drives, and safe-sex campaigns are designed to reduce the number of patients who will suffer preventable illnesses. To control costs, health care providers and health care customers must also understand the comparative value of procedures and medicines. See: preventive medicine; preventive nursing
cost-effective, adjective

cost-effective

profitable; representing a return to investment of more than the cost.
References in periodicals archive ?
Wrote Steven Pofcher, Senior Marketing Manager at Maxell, "Smaller businesses face the same fundamental backup and data protection concerns as large businesses: What is the most cost-effective method to reliably protect and recover business-critical information?
For organizations, Vodium offers a powerful and cost-effective platform to reach larger audiences and achieve high impact communications.
The debate regarding screening mammography has produced several different cost-effective analyses, each with a different outcome.
SATA drives have now matured to the point where they allow companies to deploy cost-effective mirroring solutions as an alternative to costly FC RAID-5 implementations.
Because the industry has become competitive, these responsible physicians have incentives to find ways to provide high-quality care in cost-effective ways.
This modular design also provides a cost-effective "single card" migration path to the best-of-breed technologies in the future--including emerging intelligent networking technologies that place application intelligence within the storage platform.
This modular design also provides a cost-effective, "single card" migration path to the best-of-breed technologies in the future--including emerging intelligent networking technologies that place application intelligence within the storage platform.