managed care

managed care definition - business

managed care

A system to control the access and use of health care in a way that provides adequate services to a controlled group in a cost-efficient manner. Managed-care systems employ or contract with providers to deliver member services.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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