Quality-adjusted life year

Quality-adjusted life year

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What Wikipedia says

The quality-adjusted life year (QALY) is a generic measure of disease burden, including both the quality and the quantity of life lived. It is used in economic evaluation to assess the value of medical interventions. One QALY equates to one year in perfect health. QALY scores range from 1 (perfect health) to 0 (dead).

Excerpt from the Wikipedia article “Quality-adjusted life year”, under the CC BY-SA 4.0 license. Read the article on Wikipedia

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