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Managed Care

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated November 21, 2013.

Term used to describe the coordination of financing and provision of health care to produce high-quality health care for the lowest possible cost. A system that imposes control on the utilization of medical services and on the providers who renders the care. Managed care is provided through managed indemnity plans; Preferred Provider Organizations (PPOs), Exclusive Provider Organizations (EPOs), Health Maintenance Organizations (HMOs), or any other cost management environment.

Originally published on January 20, 2013. Last updated November 21, 2013.
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