What's managed care and why was it invented?

Freedom. Managed care is hmo so you are assigned a group of practitioner and your care is managed by your primary physician and you need authorization for most of your care. It was created as a way to maintain cost and have coordinated managed care.
Rising Health Costs. There are several reasons Managed Care was created of to control rising costs of health care that were caused by numerous factors such as more specialized and expensive medications / procedures AND the previous unregulated use of medications/ procedures. .