Managed care

Managed care

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

Contributors in Managed care

Managed care

A method of determining the amount of money needed to satisfy future income needs, based on the projection that both the earnings and principal will be spent at the end of the period during which the ...

capital conservation method

Health care; Managed care

A method of determining the amount of money needed to satisfy projected income needs that employs only the earnings on principal (not the principal itself) to satisfy those needs.

trend analysis

Health care; Managed care

A method of horizontal analysis in which potential line item changes are compared with a previous year.

agency system

Health care; Managed care

A method of marketing and selling health and life insurance. Entails sales and service by commissioned insurance agents, most oft en supervised by general agents or agency managers, in contrast to ...

cost-based system

Health care; Managed care

A method of medical payments that starts with the provider’s costs, as opposed to fees, as the starting point for reimbursement.

preauthorization

Health care; Managed care

A method of monitoring and controlling utilization by evaluating the need for medical service prior to it being performed.

prospective payment

Health care; Managed care

A method of paying health care providers in which rates are established in advance. Providers are paid these rates regardless of the costs they actually incur.