managed care contract

A managed care contract is an agreement between healthcare providers (like doctors or hospitals) and insurance companies. It sets terms for how they will work together, including the payment rates for medical services and the quality standards providers must meet. The goal is to ensure patients receive appropriate care while controlling costs. These contracts help streamline billing, improve coordination of care, and sometimes influence which providers patients can visit. Overall, they create a structured relationship aimed at delivering efficient, affordable, and quality healthcare services.