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MED 149

chapter 3 terms

QuestionAnswer
Primary Care Medical Home (PCMH A type of HMO where a patient’s primary care needs are supported with a primary care provider developing a team-based approach to health care with an emphasis on preventive services, care coordination, and access to care
managed care organization (MCO) A corporation that links health care financing, administration, and service delivery
health maintenance organization (HMO) A health plan that combines coverage of health care costs and delivery of health care for a specific payment
managed care A system in which financing, administration, and delivery of health care are combined to provide medical services to subscribers for a prepaid fee
preferred provider organization (PPO) A network of independent physicians, hospitals, and other health care providers who contract with an insurance carrier to provide medical care at a discount rate to patients who are part of the insurer’s plan; also called preferred provider association (P
physician-hospital organization (PHO A health care plan in which physicians join with hospitals to provide a medical care delivery system and then contract for insurance with a commercial carrier or an HMO
exclusive provider organization (EPO) A managed care plan that pays for health care services only within the plan’s network of physicians, specialists, and hospitals (except in emergencies)
health savings account (HSA) Offered to individuals covered by high-deductible health plans, these accounts let these individuals save money, tax free, to pay for medical expenses
independent practice association (IPA A type of HMO that contracts with groups of physicians who practice in their own offices and receive a per-member payment (capitation) from participating HMOs to provide a full range of health services for members
primary care physician (PCP) The physician responsible for directing all of a patient’s medical care and determining whether the patient should be referred for specialty care
Accountable Care Organization (ACO) A type of HMO that requires coordination and affiliation among multiple practices to lower costs and improve outcomes and receives a predetermined payment to care for a designated patient population
Created by: Felicia26
 

 



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