net cost

net cost

An accounting term that can be translated into medical practice based on National Institute of Clinical Excellence (NICE) guidance as the cost-saving for each piece of clinical guidance. For example, for NICE Guidance CG34 (hypertension), the net cost is -£446,627/105 population.
References in periodicals archive ?
The statement of activities is to be presented in a "net cost" reporting format.
Pneumococcal vaccination was associated with an estimated net cost savings over 2 years of $293,689 per 1,000 person vaccinated, or $294 per person vaccinated.
In this climate, the net cost of these programs could spiral even higher.
The guidance suggests that undue hardship will be determined based on the net cost to the employer.
Kip Viscusi, then at Duke and now at Harvard, found that "the cost savings that results because of the premature deaths of smokers through their lower Social Security and pension costs will more than compensate for the added costs imposed by smokers....On balance there is a net cost savings to society."
This exemplary program--run at little public cost from the beginning, and now run on the principle of "no net cost"--has kept a lot of small farmers in business for a long time.
As the net cost of zinc increases (LME zinc price of $1600/MT in September 1997), however, the prospect of a zinc recovery plant becomes more attractive.
With income from the salvaged wood of $43,660, the net cost to deconstruct was $9,340.
Toy: Bauer In-line Skates Cost: $130 Bauer NHL Pads and Gloves cost: $108 Bauer Lindros 88 Hockey Stick Cost: $15 Cooper Helmets Cost: $75 Cooper Street Reactor Net Cost: $58 Cooper Street Hockey Ball Cost: $3
It can make loans of up to 95 per cent of the net cost of rental housing developments, at low, subsidised rates of interest.
There are two methods of calculating regional value content: transaction and net cost. The transaction-value method, which requires 60% regional content, is based on the price paid or payable for a good.
Specifically, he estimates a net cost of only $8 billion a year, before subtracting the value of all the public works and services.