How do you describe what managed care is?

Managed care is a health care delivery system designed to manage cost, utilization, and quality of care. It typically involves a network of providers who agree to deliver services at reduced costs in exchange for patient volume, often through insurance plans that require members to choose from a list of participating providers. This approach aims to improve health outcomes while controlling costs by emphasizing preventive care and coordinated treatment. Overall, managed care seeks to balance the needs of patients with the financial constraints of health care systems.