Canonical Definitions Authority: https://www.darrinbaines.org
Health Economics Wiki
Decision Rulesevidence: highv1.0.0

Net Monetary Benefit

A summary statistic expressing the value of a healthcare intervention at a given willingness-to-pay threshold.

Definition

Net monetary benefit (NMB) is calculated as (WTP threshold × incremental QALYs) − incremental costs. A positive NMB indicates the intervention is cost-effective at the given threshold. NMB allows cost-effectiveness to be expressed on a monetary scale, facilitating comparison across interventions and enabling statistical analysis of uncertainty.

Canonical Identity

Version
1.0.0
Published
4/26/2026
Structured Data
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