Managing Managed Care Managing Managed Care Managed care organizations, by rule, are seeking to provide health care in a way that is cost effective. Those two concepts do not always mesh with one another. Frakes has given a series of lectures describing managed care and its influence on various facets of medicine.
Value is made up of three things.
Anything that changes one of these things changes the value. What they are looking for is a way to increase the quality and the service without adversely affecting the cost. Most teaching hospitals, therefore, argue that training physicians helps to increase the outcomes-the quality. That would make up for an increase in cost. Generally, outcomes at good hospitals are about equal to those at quality university hospitals.