Describe the roles, functions, and liabilities of the board in a managed care organization.
The roles of the managed care organizations are used to reduce the cost of health care services through several forms of methods such as incentives that are useful through patient doctor relationships to develop a better form of care for the patients. “Gale Cengage Learning (2013) reports Managed care” refers to that type of health care system under which medical care and treatment is managed by the entity paying the bills, and not the medical care or treatment provider (physician, hospital, etc.). It is a system dominated by acronyms that identify different services or components, such as HMOs, PPOs, and EPOs.…