Managed care is a healthcare delivery system designed to manage costs, utilization, and quality of care. It typically involves a network of providers who agree to offer services at reduced rates in exchange for a steady stream of patients. This system aims to provide coordinated care while controlling expenses for both patients and insurers. In managed care, patients often choose a primary care physician who oversees their healthcare needs and refers them to specialists when necessary. This approach helps ensure that patients receive appropriate care while minimizing unnecessary tests and procedures, ultimately promoting better health outcomes and cost efficiency.