Glossary Term

ICER

The Incremental Cost-Effectiveness Ratio is the additional cost of a new intervention divided by its additional health outcomes — the central metric in cost-effectiveness analyses submitted to HTA bodies. Calculated as ΔCost ÷ ΔEffect, where effect is typically expressed in QALYs.

Illustration representing ICER
Related terms
CEA QALY WTP
Further reading
Watch related video Browse the HEOR resource database

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