What are theThree main payment mechanisms managed care uses?

Managed care primarily employs three main payment mechanisms: capitation, fee-for-service, and bundled payments. Capitation involves a fixed payment per patient for a specific period, incentivizing providers to maintain efficient care. Fee-for-service pays providers for each individual service rendered, which can lead to increased service utilization. Bundled payments cover a set of services related to a specific treatment or condition, promoting coordinated care while controlling costs.