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People also ask
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What is the main focus of a health maintenance organization HMO )?
HMOs often provide integrated care and focus on prevention and wellness. -
What is a health maintenance organization in healthcare?
A type of health insurance plan that usually limits coverage to care from doctors who work for or contract with the HMO. It generally won't cover out-of-network care except in an emergency. -
What was the main purpose of the Health Maintenance Organization Act of 1973?
The Health Maintenance Organization (HMO) Act of 1973 provided for a Federal program to develop alternatives to the traditional forms of health care delivery and financing by assisting and encouraging the establishment and expansion of HMOs. -
What is the difference between an HMO and an ACO?
The purpose of an HMO is to fix the price for health care. The purpose of an ACO is to leverage better, more effective health care practices for the benefit of patients in order to cut costs in the long run. -
What was the main purpose of the HMO Act of 1973 quizlet?
The Health Maintenance Organization Act of 1973 was designed to provide an alternative to the traditional fee-for-service practice of medicine. It was aimed at stimulating the growth of HMOs by providing federal funds to establish new HMOs. -
What is the Health Maintenance Organization Assistance Act of 1973 authorized grants?
The The HMO Act of 1973 authorized $375 million over a five-year period to encourage development of HMOs, through direct financial assistance in the form of grants and contracts, loans and loan guarantees. -
What is the primary purpose of a health maintenance?
The purpose of a Health Maintenance Organization is to provide integrated and preventative care while keeping costs low. -
What is the difference between HMO and FFS?
An FFS plan usually contracts with a preferred provider organization (PPO) for network discounts. You may choose any doctor or hospital, but may have lower out-of-pocket expenses with PPO providers. An HMO plan provides care through a network of physicians, hospitals and other providers in a particular geographic area.
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