9 Terms
Home > Industry/Domain > Health care > Managed care
Managed care
A health care practice intended to streamline services and provide high quality, cost-effective care.
Industry: Health care
Add a new termContributors in Managed care
Managed care
group practice without walls (GPWW)
Health care; Managed care
A legal entity formed by a network of physicians who maintain their individual practices.
fair market value
Health care; Managed care
A legal term variously interpreted by the courts, but generally meaning the price at which a willing buyer will buy and a willing seller will sell an asset.
grandfather clause
Health care; Managed care
A legal theory or contract clause that allows continued coverage aft er a contract for health, managed care, or other insurance has changed, based on the original agreement.
multiple employer trust (MET)
Health care; Managed care
A legal trust established by a plan sponsor that brings together a number of small, unrelated employers for the purpose of providing group medical coverage on an insured or self-funded basis.
letter of support
Health care; Managed care
A letter from the federal project officer justifying the need for Centers for Medicare and Medicaid data and supporting the requestor’s use of such data.
