Cost-Benefit Analysis
Also known asAnalysis, Cost-Benefit · Cost-Benefit Analyses · Cost Benefit Analysis · Analyses, Cost Benefit · Analysis, Cost Benefit · Cost Benefit Analyses · Cost Benefit · Cost and Benefit · Benefit and Cost · Benefits and Costs · Costs and Benefits · Cost-Benefit Data
Definition
A method of comparing the cost of a program with its expected benefits in dollars (or other currency). The benefit-to-cost ratio is a measure of total return expected per unit of money spent. This analysis generally excludes consideration of factors that are not measured ultimately in economic terms. In contrast a cost effectiveness in general compares cost with qualitative outcomes.
MeSH classification
- N03.219.151.125
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Ask GoDavaii AI about Cost-Benefit AnalysisRelated concepts
Capital Expenditures
Those funds disbursed for facilities and equipment, particularly those related to the delivery of health care.
Cost Allocation
The assignment, to each of several particular cost-centers, of an equitable proportion of the costs of activities that serve all of them. Co…
Cost Control
The containment, regulation, or restraint of costs. Costs are said to be contained when the value of resources committed to an activity is n…
Cost-Effectiveness Analysis
A method of comparing the cost of a program with its expected outcomes that are qualitative in nature. Cost effectiveness compares alternati…
Cost of Illness
The personal cost of disease which may be economic, social, or psychological. The cost of illness may be reflected in absenteeism, productiv…
Cost Savings
Reductions in all or any portion of the costs of providing goods or services. Savings may be incurred by the provider or the consumer.
Cost Sharing
Provisions of an insurance policy that require the insured to pay some portion of covered expenses. Several forms of sharing are in use, e.g…
Costs and Cost Analysis
Absolute, comparative, or differential costs pertaining to services, institutions, resources, etc., or the analysis and study of these costs…
Common questions about Cost-Benefit Analysis
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Source: NIH MeSH 2026 (D003362) — National Library of Medicine, public domain. View official MeSH record ↗