Health Care

Managed Care
Managed care is a health care delivery system organized to manage cost, utilization, and quality. Managed Care Plans are a type of health insurance they have contracts with health care providers and medical facilities to provide care for members at reduced costs.
Medical Care
Medical care refers to amounts paid for the diagnosis, cure, mitigation, treatment, or prevention of disease, or for the purpose of affecting any structure or function of the body, including associated transportation and insurance premiums.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.