1a : monarch, kingb : the ruler of a principality or state. 2 : a male member of a royal family; especially : a son of the sovereign. 3 : a nobleman of varying rank and status. 4 : one likened to a prince; especially : a man of high rank or of high standing in his class or profession.
Mechanisms for Payment. Probably the key element of the managed care contract for the provider is the mechanism for payment. The contract should state how, when, and what the provider will be paid. The provider's personnel should understand the claims' forms and processing procedures.
The purpose of managed care is to reduce employers cost of providing health benefits while improving the quality of care for the employee. Managed care organizations (MCOs) accomplish this through Workers' compensation case management, reducing workplace injuries, identifying fraudulent claims and other methods. Learn more about Ohio Employer Workers' Compensation Rights and Responsibilities.