Definition of "cost-effectiveness" [cost-effectiveness]

• The characteristic of being cost-effective. (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "The bids overall were falling short of the district's expectations for long-term cost-effectiveness, Rounds said."
• "The bids overall were falling short of the district’s expectations for long-term cost-effectiveness, Rounds said."
• "For morbid obesity, incremental cost-effectiveness ratios (ICERs) (base case) ranged between 2000 pounds and 4000 pounds per Quality-Adjusted Life Year (QALY) gained and remained within the range regarded as cost-effective from an NHS decision-making perspective even when assumptions for deterministic sensitivity analysis were changed."