Managed care

Managed care

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

Industry: Health care

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Managed care

profitability ratios

Health care; Managed care

A financial success measurement of a health care organization.

Physician Practice Management Corporation (PPMC)

A firm that purchases physicians’ practices in exchange for a percentage of the gross receivables. ThePPMC leases the office back to the doctor or employs the doctor on a salaried basis. ThePPMC then ...

expense constant

Health care; Managed care

A flat health insurance charge added in the computation of the premium in which the pure premium is so low that the cost of issuing and servicing the policy cannot be recovered.

nonmedical report

Health care; Managed care

A form completed by the applicant, giving certain information as to health required by an insurance company for issuance of insurance when a medical examination is not required.

temporary receipt

Health care; Managed care

A form given by a life or health insurance agent to the policy owner paying a premium when the premium receipt book or the official premium receipt is not available or when the premium cannot be ...