Question

The Office of Managed Care is a CMS agency that:

a. ensures the accountability of managed care plans in terms of objective, measurable standards
b. assesses the quality of managed care plans in the United States and releases the data to the public for its consideration when selecting a managed care plan
c. contracts with and acquires the clinical and business assets of physician practices
d. facilitates innovation and competition among Medicare HMOs

Answer 1

The Office of Managed Care is a CMS agency focused on ensuring managed care plans meet measurable standards, in line with ACA goals to control healthcare costs and administration.

Step-by-step explanation:

The Office of Managed Care is a CMS agency that ensures the accountability of managed care plans in terms of objective, measurable standards. This involves assessing and overseeing health maintenance organizations (HMOs) to ensure they provide high-quality care and allocating resources effectively among patients. As part of the broader aims of the Affordable Care Act (ACA), the office works to keep the healthcare system efficient by implementing regulations such as caps on administrative costs and promoting the switch to electronic medical records (EMRs) which reduce administrative expenses and improve the management of patient information.