Managed care refers to a healthcare option in which the provider manages the care of the individual for a fixed fee, emphasizing wellness and prevention rather than the cure. The goal of managed care is to provide better quality healthcare at lesser costs. Managed care uses a network of established medical resources to provide care, including regular doctors and facilities.
Managed care is a healthcare delivery system that seeks to control healthcare costs while improving the quality of care provided to patients. It is a system that integrates the financing and delivery of healthcare services, often through contracts between healthcare providers and insurance companies or government programs.
In a managed care system, healthcare providers are organized into networks or groups that are responsible for coordinating and managing the healthcare services provided to patients. This may include primary care physicians, specialists, hospitals, and other healthcare facilities.
Managed care organizations (MCOs) typically use a range of strategies to control costs and improve quality, including: