In association with

  • Bristol, North Somerset and South Gloucestershire Integrated Care Board
  • West of England Academic Health Science Network
  • National Institute for Health Research

Glossary

d

Demand

The need, ability, and willingness to pay for a commodity.

Discounting

The mathematical procedure for adjusting future costs and outcomes of health‐care interventions to “present value”; this adjusts for differences in the timing of cost (expenditure) compared to health benefits (outcomes).


						

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