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Definition of managed care noun from the Oxford Advanced Learner's Dictionary

managed care

noun
 
/ˌmænɪdʒd ˈkeə(r)/
 
/ˌmænɪdʒd ˈker/
[uncountable] (North American English)
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  1. a healthcare system that controls medical costs by offering a limited choice of doctors and hospitals or charging extra for those not on the list
    • In an era of managed care, therapists are challenged to make therapy more cost-conscious without sacrificing effectiveness.
    see also HMOTopics Healthcarec2
See managed care in the Oxford Advanced American Dictionary
perspective
noun
 
 
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