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managed care definition

managed care

a plan or system for providing medical services at reduced costs in which those being served agree, variously, to use certain specified doctors and hospitals, to accept a limit on reimbursement if they receive services from sources not specified in the plan, etc.

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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