______________is any system of cost containment that closely monitors and controls health care providers' decisions about medical procedures, diagnostic tests, and other services that should be provided to patients.

Question

Quizplus · Accepted Answer

Managed care is the system of cost containment that closely monitors and controls health care providers' decisions about medical procedures, diagnostic tests, and other services that should be provided to patients. It includes tools such as utilization review, preauthorization, and formularies to ensure that patients receive appropriate care in a cost-effective manner. Fee-for-service programs, health maintenance organizations, and third-party providers can be components of managed care, but they do not necessarily provide the same level of cost containment.

______________Is Any System of Cost Containment That Closely Monitors and Controls