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Where does the US experience of managed care currently stand?
Author(s) -
Simonet D.
Publication year - 2005
Publication title -
the international journal of health planning and management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.672
H-Index - 41
eISSN - 1099-1751
pISSN - 0749-6753
DOI - 10.1002/hpm.803
Subject(s) - managed care , health care , transaction cost , control (management) , cost control , business , medicine , risk analysis (engineering) , political science , economics , management , law , finance
After an historical review of the advent of managed care in the USA, this article presents cost‐control mechanisms, changes in the medical practice and consequences on patient health. The article also explains the development of the HMO using the transaction costs theory and the subsequent orientations of the US health care system. Copyright © 2005 John Wiley & Sons, Ltd.