Resources
Health Economics Dictionary
As experts in health economics and market access, Certeva has curated a dictionary of the most used terms, to help you become more familiar with the language of health economics and value-based decision-making. With Certeva it’s as easy as ABC!
Absolute risk
The probability of an event or outcome occurring in a defined population over a specified time period.
Budget Impact Analysis
Estimates the financial consequences of adoption and diffusion of a new health-care intervention within a specific health-care setting or system context given inevitable resource constraints.
Clinical Significance
A conclusion that an intervention has an effect that is of practical meaning to patients and health care providers. Effects identified as statistically significant are not always clinically significant, because the effect is small or the outcome is not important.
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