Incremental Cost-Effectiveness Ratio

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf health economics concept
gptkbp:abbreviation gptkb:ICER
gptkbp:appliesTo comparison of two or more interventions
gptkbp:assumes accurate cost data
comparable effectiveness measures
gptkbp:canBe infinite
positive
negative
gptkbp:category economic evaluation
gptkbp:form (Cost of intervention A - Cost of intervention B) / (Effect of intervention A - Effect of intervention B)
gptkbp:hasUnit cost per DALY
cost per QALY
https://www.w3.org/2000/01/rdf-schema#label Incremental Cost-Effectiveness Ratio
gptkbp:interpretedBy lower ICER indicates more cost-effective intervention
gptkbp:measures cost per additional unit of health benefit
gptkbp:purpose to inform resource allocation decisions
gptkbp:relatedTo gptkb:Disability-Adjusted_Life_Year
Quality-Adjusted Life Year
cost-utility analysis
gptkbp:threshold willingness-to-pay threshold
gptkbp:usedBy policy makers
public health officials
health economists
gptkbp:usedIn health technology assessment
cost-effectiveness analysis
gptkbp:bfsParent gptkb:ICR
gptkbp:bfsLayer 7