Cost-utility analysis (CUA) is a form of economic evaluation that compares the costs and outcomes of different health interventions, specifically measuring the health benefits in terms of quality-adjusted life years (QALYs). This approach allows decision-makers to assess the value of medical treatments and technologies by considering both their cost and the utility gained from improved health outcomes. The CUA helps to inform resource allocation in the healthcare industry, especially amidst budget constraints and competing healthcare priorities.
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