What does managed competition mean?
Definitions for managed competition
man·aged com·pe·ti·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word managed competition.
U.S. National Library of Medicine
Managed Competition
A strategy for purchasing health care in a manner which will obtain maximum value for the price for the purchasers of the health care and the recipients. The concept was developed primarily by Alain Enthoven of Stanford University and promulgated by the Jackson Hole Group. The strategy depends on sponsors for groups of the population to be insured. The sponsor, in some cases a health alliance, acts as an intermediary between the group and competing provider groups (accountable health plans). The competition is price-based among annual premiums for a defined, standardized benefit package. (From Slee and Slee, Health Care Reform Terms, 1993)
Numerology
Chaldean Numerology
The numerical value of managed competition in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of managed competition in Pythagorean Numerology is: 4
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"managed competition." Definitions.net. STANDS4 LLC, 2024. Web. 23 Apr. 2024. <https://www.definitions.net/definition/managed+competition>.
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