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
McGraw-Hill Concise Dictionary of Modern Medicine. © 2002 by The McGraw-Hill Companies, Inc.

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
Medical Dictionary, © 2009 Farlex and Partners
References in periodicals archive ?
"Relying on the power of multicast, operators can cost-effectively deliver high-quality live TV channels over Eutelsat satellites to an endless number of subscribers anywhere, anytime, and on any device."
The AugMentor[R] Pump Stuffer for cost-effectively handling high-viscosity materials otherwise unpumpable by conventional means.
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CBRE's track record with RBC Centura and their knowledge of our operations combined with their service capability and geographic market coverage proved to us they could help us efficiently and cost-effectively grow our business in the U.S."
A new, end-to-end data warehousing solution which will enable large enterprises to cost-effectively analyse tera-scale data has been launched by Leading Edge.
Substituting a vaccine that is active against both hepatitis A and hepatitis B for the hepatitis B vaccine that many public sexually transmitted disease (STD) clinics routinely offer clients would prevent a substantial amount of illness, and would do so cost-effectively. (1) Results of an analysis based on a hypothetical cohort of one million adults receiving services at public clinics in 2002 suggest that use of the combined vaccine would be associated with a 22% reduction in the number of overt hepatitis A infections over the next 50 years, and with 17-20% reductions in hospitalizations, liver transplants and deaths resulting from the disease.
In theory, the HIPAA transaction requirements will enable health plan payers and physician and hospital providers to communicate cost-effectively and securely using electronic transactions, similar to the way transactions are handled today in the banking industry.
On Tuesday, scrap dealers and brokers will get their turn to offer perspectives on scrap facility management and issues facing scrap dealers, including how to cost-effectively procure scrap.
Also, by simply changing the molds, the user can quickly and cost-effectively change the end product without any other equipment needed, according to the company.
The ability to produce oil efficiently, cost-effectively and timely is critical to our nation's needs, which packages 8.1 million barrels of oil every day.