Abbreviations and acronyms

Page last updated: September 2016

Abbreviations and acronyms

Term

Definition

CEA

cost-effectiveness analysis

CI

confidence interval

CUA

cost-utility analysis

DPMA

dispensed price for maximum amount

DPMQ

dispensed price for maximum quantity

ICER

incremental cost-effectiveness ratio

MAUI

multi-attribute utility instrument

MBS

Medicare Benefits Schedule

MCID

minimal clinically important difference

MSAC

Medical Services Advisory Committee

NIP

National Immunisation Program

PBAC

Pharmaceutical Benefits Advisory Committee

PBS

Pharmaceutical Benefits Scheme

PEB

Pharmaceutical Evaluation Branch

PSA

probabilistic sensitivity analysis

PSM

proposed surrogate measure

QALY

quality-adjusted life year

QUM

quality use of medicines

RPBS

Repatriation Pharmaceutical Benefits Scheme

TCO

target clinical outcome

TGA

Therapeutic Goods Administration