shape up, 1  to assume a specific form: The plan is beginning to shape up. 2  to evolve or develop, especially favorably. 3  to improve one's behavior or performance to meet a required standard. 4  to get oneself into good physical condition. ( 5 of longshoremen) to get into a line or formation in order to be assigned the day's work.
The purpose of this article is to provide the reader with a broad overview of managed care, including the scope and complexity of the issues facing nurses and consumers as the health care industry continues to consolidate and shift away from traditional fee-for-service financing.
Managed Care Organization (MCO) Law and Legal Definition. A managed care organization (MCO) is a health care provider or a group or organization of medical service providers who offers managed care health plans. It is a health organization that contracts with insurers or self-insured employers and finances and delivers health care using a specific provider network and specific services and products.