The demise of the small HMO in California.
On May 25, 2001, the California Department of Managed Health Care served Maxicare, a Los Angeles-based HMO with approximately 250,000 subscribers, a notice of conservatorship. Within the following 16 months, four other small California HMOs either filed for bankruptcy or were put under state conservatorship. The age of the small HMO in California had come to an end.
Bloom
Alan
A
Maxicare Health Plans, Manhattan Beach, California, USA.
D016361:Bankruptcy / Q000331:legislation & jurisprudence*; D002140:California; D002204:Capitation Fee; D033161:Government Regulation; D006276:Health Facility Size; D006279:Health Maintenance Organizations / Q000191:economics* / Q000331:legislation & jurisprudence / Q000639:trends; D006801:Humans; D007193:Independent Practice Associations / Q000191:economics; D007343:Insurance Carriers; D015141:Los Angeles; D011243:Preferred Provider Organizations / Q000191:economics; D020414:Risk Sharing, Financial; D013219:State Government