MANAGED CARES Meaning and
Definition
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Managed care refers to a healthcare delivery system that aims to manage the quality, availability, and costs of healthcare services. It involves various techniques and strategies that organizations utilize to enhance the efficiency and effectiveness of healthcare delivery while maintaining a focus on controlling costs. Managed care often involves the use of networks, such as preferred provider organizations (PPOs) or health maintenance organizations (HMOs), wherein healthcare providers have agreements with insurance companies to provide services to their members at discounted rates.
The primary goal of managed care is to align the interests of healthcare providers, insurers, and patients in order to ensure appropriate, high-quality care is delivered in a cost-effective manner. This is typically achieved through various mechanisms such as preauthorization requirements, utilization management tools, and financial incentives for providers who meet certain quality and cost targets.
Managed care plans often emphasize preventative care and early intervention to avoid costly treatments and hospitalizations. They may also incorporate care coordination services, such as case management or disease management programs, to better manage the health of individuals with chronic conditions.
Overall, managed care seeks to strike a balance between cost containment and providing quality care to individuals. It encompasses a range of techniques and structures within the healthcare system that are designed to facilitate coordination, cost control, and quality improvement, with the ultimate objective of improving patient outcomes and reducing healthcare expenses.
Common Misspellings for MANAGED CARES
- manaed care
- managd care
- Maniged Care
- Maneged Care
- nanaged cares
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- manafed cares
Etymology of MANAGED CARES
The term "managed care" has its roots in the United States healthcare system and emerged in the 1970s. The etymology of the phrase can be broken down as follows:
1. Managed: The word "managed" comes from the verb "to manage", which originated from the Latin word "manus" meaning "hand". The term was first used in English in the 16th century and referred to the act of handling or controlling something with skill and efficiency.
2. Care: The word "care" can be traced back to Old English, where it was spelled "caru". It evolved from the Germanic word "kara" and has always conveyed the sense of concern, attention, or provision for someone or something's well-being.
When combined, "managed care" refers to a system of healthcare delivery in which an organization or third-party administrator takes responsibility for coordinating and managing the provision of healthcare services.
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