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Jai medical systems managed care organization, inc examination - mdinsurance state md

Jai medical systems managed care organization, inc examination - mdinsurance state md 2025

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The document is a comprehensive examination report of Jai Medical Systems Managed Care Organization, Inc. as of December 31, 2001, conducted by the Maryland Insurance Administration. It outlines the company's financial condition, management structure, and compliance with regulations over the period from April 1, 1997 to December 31, 2001. Key findings include details on assets, liabilities, capital stock, dividends paid to stockholders, and recommendations for improving corporate governance and financial reporting practices. The report concludes that the company met the minimum surplus requirements and provides insights into its operational practices within Maryland's Medicaid managed care program.

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What is managed care organization in medical?

A Managed Care Organization (MCO) is a health plan or health care company that utilizes managed care as its model to keep the quality of care high while limiting costs. As part of a managed care system, an MCO agrees to offer its services at a reduced cost, along with other MCOs in the network.

What is an example of an MCO?

Preferred Provider Organizations are the most common managed care organizations and they allow patients to seek care outside the network for a slightly higher cost.

What is a managed service organization in healthcare?

Examples of Managed Care Organizations Physician Practice Management Companies. Group Purchasing Organizations. Accountable Care Organizations. Integrated Delivery Systems.

What is a managed care organization in healthcare?

A management service organization (MSO) is an administrative and management entity that provides the non-medical work required to operate a medical practice. An MSO may be owned by hospitals, non-healthcare provider investors, physician groups, payors, or joint ventures between hospitals and physicians.

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