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Managed care

A health care practice intended to streamline services and provide high quality, cost-effective care.

Contributors in Managed care

Managed care

investment banker

Health care; Managed care

A broker or dealer organization that provides a service to industry through counseling and underwriting of hospital securities.

zero-based budgeting

Health care; Managed care

A budget method that requires accountability for the line item existence and funding needs of existing and new health services programs.

intrinsic value

Health care; Managed care

A call option is said to have intrinsic value when the market price of the underlying health care security is greater than the exercise price. A put option is said to have intrinsic value when the ...

out-of-pocket limit

Health care; Managed care

A cap placed on out-of-pocket costs, aft er which benefits increase to provide full coverage for the rest of the year.

identification (ID) card

Health care; Managed care

A card given to each person covered under a health plan that identifies an insured as being eligible for benefits.

program management

Health care; Managed care

A Centers for Medicare and Medicaid Services (CMS) operational account. Program management supplies the agency with the resources to administer Medicare, the federal portion of Medicaid, and other ...

adjustment

Health care; Managed care

A change made to an insurance claim or medical bill.

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