Answered step by step
Verified Expert Solution
Question
1 Approved Answer
writing paragraph 500 words explain about Managed care is a system where a single organization manages financing, insurance, delivery, and payment of health care services.
writing paragraph 500 words explain about Managed care is a system where a single organization manages financing, insurance, delivery, and payment of health care services. MCOs exercise formal control over the utilization of health care services. The most common methods used for reimbursing providers are capitation and discounted fees. In capitation, the provider is paid a fixed monthly sum per enrollee, often called a per member, per month (PMPM) payment. Discounted fees are a modified form of fee-for-service where the provider can bill the MCO for each service separately but is paid according to a schedule of fees
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started