Define: Managed Care

UK Accounting Glossary

Definition: Managed Care


Quick Summary of Managed Care


An agreement among an insurer and specific suppliers to give health care at a reduction to members of an insured group.



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Examples of Managed Care in a sentence


Certified physicians are more likely to have managed care contracts and see Medicare beneficiaries.
Mr. Goldberg is a pharmacist and has experience in counseling patients about the benefits available under a managed care policy.



Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/managed-care/
Modern Language Association (MLA):
Managed Care. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 04, 2020 https://payrollheaven.com/define/managed-care/.
Chicago Manual of Style (CMS):
Managed Care. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/managed-care/ (accessed: April 04, 2020).
American Psychological Association (APA):
Managed Care. PayrollHeaven.com. Retrieved April 04, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/managed-care/

Definition Sources


Definitions for Managed Care are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 15th February 2020.