Glossary
P
Agreements which focus on controlling financial expenditure with pharmaceutical companies refunding over budget situations. Cf, managed entry…
Action by a government authority to set the price of a medicine and/or indirectly influence it (e.g. through pricing policies) for different price…
A body responsible for recommending, setting or controlling/monitoring the price of a medicine. It may be composed of representatives of different…
Regulations and actions taken by government authorities to set the price of a medicine as part of exercising price control. Strategies by private…
This term includes all forms of out-of pocket payments:
» co-payments:
* percentage co-payment,
* fixed co-payment,
* deductibles
as well as
» direct…
The totality of privately owned institutions and individuals providing health care, including private insurers. Private health care can be provided…
The price stated as the outcome of a procurement or tendering procedure. The tenderer that offered the most advantageous bid (with price as one key…
A process to purchase goods and services (e.g. medicines) that involves many steps and many stakeholders based on national, or supranational,…
Any organisation purchasing or otherwise acquiring any pharmaceutical product, vaccine or nutraceutical for human use.
Procurement procedures describe award processes that are defined by law to conduct a procurement. The EU Public Procurement law defines four…
Procurement techniques relate to different methods for managing a procurement procedure, e.g. by making use of e-procurement or repetitive calls for…
Eligibility for reimbursement depends on the medicine in question (either a medicine is considered as reimbursable or as non-reimbursable).
Last…
A profit framework is negotiated periodically between the state and the pharmaceutical industry. This framework is fixed for each individual…
Provision of health care by the government through national healthcare systems.
Synonym: Public Healthcare Sector
Last update: 20 June 2023
Source…
The amount paid by the purchaser in order to take delivery of a unit of a good or service at the time and place required by the purchaser.
It…
A committee of experts who meets on a regular basis to evaluate and approve the purchase of consumables and equipment not already present in the…
Spatial deflators and currency converters, which eliminate the effects of the differences in price levels between countries, thus allowing volume…
Q
A measure of health outcome which is calculated by estimating the years of life remaining for a patient following a particular care pathway and…
R
Rational use of medicines ensures that patients receive medications appropriate to their clinical needs, in doses that meet their own individual…
Real-world data (RWD) refers to evidence obtained from real world evidence (RWE), which are observational data obtained outside the context of…