MCO stands for Managed Care Organization. MCO is a organization that provides medical services and health care. It is a group practice in which all expenses and income, as well as equipment and facilities are shared.
Some of the areas that might be limited to patients under an MCO are :
- where and how long a patient can stay in the hospital for a certain diagnosis
- Choice of physician
- the number and type of diagnostic tests a physician can order
- treatments a physician can order
