Health maintenance organization (HMO)

What is Health maintenance organization (HMO)?

Health maintenance organization (HMO) is A health care system that assumes both the financial risks associated with providing comprehensive medical services (insurance and service risk) and the responsibility for health care delivery in a particular geographic area to HMO members, usually in return for a fixed, prepaid fee. Financial risk may be shared with the providers participating in the HMO.

 

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